Deutsche Bank Quantitative QRD Lab Sales and Trading Internship Programme - London - 2027

Deutsche Bank AG; Greater London; On-site; GBP 11,000 - 22,000; Full time

Benefits offered by this job

Wellbeing programs

Mentorship

Networking events

Job summary

Deutsche Bank AG invites applications for its 2027 UK Quant Internship programme. You will work in QRD Labs, applying ML and NLP techniques to real business problems. Expect hands-on projects, mentorship, and exposure to a fast-paced, collaborative culture within Deutsche Bank.

Applicants should be pursuing a postgraduate degree in a quantitative field, with outstanding academic records. The internship runs for 18 weeks starting May–June 2027, with a focus on building practical research

Qualifications

• Postgraduate degree in a quantitative subject (MSc/PhD) required.
• Strong academic record and continued high achievement expected.
• Experience with ML models and NLP applications is essential.

Responsibilities

• Engage in on-the-job projects with real-world impact.
• Develop quantitative skills through practical applications.
• Collaborate with QRD Labs and cross-functional teams across the bank.

Skills

Python programming

ML fundamentals

NLP applications

Quantitative analysis

Problem solving

Stakeholder communication

Education

MSc or PhD in quantitative field

2:1 undergraduate degree

Postgraduate degree in quantitative discipline

Tools

Python ecosystem

TensorFlow / PyTorch

NLP libraries

Job description

About the program:

The Deutsche Bank Internship Program is designed to help you develop your skills through formal training and continuous support. You’ll quickly gain the confidence to take on real projects by learning first‑hand how and what we deliver for clients worldwide. You’ll feel supported by colleagues from across our business and start to develop your professional network.

About the Division:

Quantitative Research & Development Labs ( QRD Labs) is a research and development team within DB Group Strategic Analytics ( GSA). Its central mission is to empower the sales and trading functions (and related teams) with quantitative data-driven models and tools that leverage the latest developments in the AI/ML space. You will have the opportunity to use your strong foundational knowledge in deep learning and/or natural language processing to build solutions for the business which are both practical and innovative.

About the role:

Our interns learn about our business through on-the-job experience. You will gain a significant understanding of the work we do, our team culture, and will develop your quantitative skills through real-life application.

You may find yourself working on one large project for the entire internship or a series of smaller projects, much as you would do as a full-time member of the team. Get ready to use your quantitative and programming skills to provide impactful research and implement real solutions.

You’ll also be exposed to a fast-paced and agile culture giving you the opportunity to meet and engage with leaders across the organization.

What we look for:

• You must be studying a post-graduate specialist degree (MSc or PhD) in a quantitative subject such as mathematics, engineering, physics, economics or finance
• You will already have a record of outstanding academic achievement, and you’re eager to continue learning at the same intensive rate. You’ll thrive on working in a highly collaborative environment with some of the best minds in banking.
• Strong ground-up understanding of ML and AI models, from the fundamentals of machine learning to Deep Learning, with experience of its application in NLP or other domains.
• An ability to break down complex business problems and address them with a range of models and techniques, with strong intuition around suitability and complexity, and related trade‑offs.
• Strong quantitative skills, e.g. statistics, probability theory, optimisation, linear algebra.
• Good Python and associated ML ecosystem skills; an understanding of lower-level languages is a bonus.
• An appreciation of different areas of finance and how they interact is useful. You will be comfortable interacting with stakeholders and colleagues across the bank.

Please note that to progress onto the final stage assessment, applicants will need to attend an in-person technical test on a specified date and location, which is not flexible. More details will be shared with the successful shortlisted candidates.

To be eligible for the 2027 UK Quant Internship programme you must:

• Complete your studies between 1st May 2026 and 30th November 2027. As the programme is due to start between May 2027 and June 2027, this means you may still be studying when you join the programme. In this case you are still eligible to join provided you have completed all of your exams before your start date and must complete your studies (any remaining coursework and have no outstanding requirements for graduation) by 30th November 2027.
• Have already achieved a 2:1 or First (or equivalent) in your undergraduate degree and be on track for or have already achieved a pass/merit/distinction (or equivalent) in your postgraduate degree either before you join, or by 30th November 2027.
• Have studied a postgraduate degree in a quantitative discipline such as mathematics, engineering, physics, computer science, economics, or finance
• Possess no more than 12 months full-time, relevant work experience.
• The internship will start between May and June 2027 and will have a duration of 18 weeks.

Benefits and wellbeing:

Feeling healthy, engaged and well-supported, enables us to do our best work and get the most out of life outside of the office. That’s why Deutsche Bank is committed to providing benefits and programmes centred around wellbeing.

Benefits & Wellbeing – Deutsche Bank Careers (db.com)

About us and our teams:

Our values define the working environment we strive to create – where our people have a sense of belonging and everyone feels welcomed, respected and can contribute and grow. We know that high-performing teams have different skills, backgrounds, and experiences. We collaborate, encourage and enable open dialogue and diversity of views. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit This is DB to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.