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Operations (Regulatory Controls) Intern 2025

AT MarketAxess
MarketAxess

Operations (Regulatory Controls) Intern 2025

London, United Kingdom

About Us 

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There. 

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 The Role

There is no better way to experience what a career at MarketAxess has to offer than through our 9-week internship programme. As a 2025 Summer intern with MarketAxess, you will grow your skills through on-the-job training and professional development classroom training. You will participate in projects working on problems, providing community service and enjoying social events. You will be well supported, receiving regular feedback from your manager to aid your professional development and will have a dedicated buddy. Our summer internship programme offers the opportunity to build new skills, grow your professional network and provides an in-depth insight into career possibilities at MarketAxess.

This is a full-time paid internship to commence on 2 June and conclude on 1 August 2025.

How You’ll Take Us There  

The Operations Regulatory Controls team at MarketAxess executes a variety of different controls, with different frequencies, using multiple different tools and applications. The purpose of the control framework is to ensure MarketAxess is meeting regulatory obligations with regard to transaction reporting, pre- and post-trade transparency requirements, accuracy of reference data and the periodic reconciliation of different data elements to validate the overall strength of the control environment.

You will learn how to identify and resolve reporting exceptions and rejections, how we interact with our clients to resolve exceptions, and how we work together across the organisation, collaborating with other functions, to solve problems in a timely manner.

We will encourage you to highlight ways in which we can improve our processes. Being inquisitive and tenacious about tackling the source of a problem and stopping it from occurring again is a key behaviour we encourage and will look for in each candidate. Specific role responsibilities include:

  • Execute, at various frequencies, embedded controls to meet multiple regulatory obligations in supporting and controlling the business.
  • Exception Management, escalation and remediation.
  • Supporting the broader Control Framework within Operations, whilst engaging in cross departmental collaboration.
  • Produce, maintain, and distribute activity-based reporting of a high quality, whilst seeking additional oversight when required/mandated.
  • Continually update all relevant documentation / procedures in line with the proposed Control framework.
  • Determination of proposed or existing Market regulations to suggest enhanced controls required to control the business activity.
  • Open communication and dialogue with direct and indirect teams.

What We’re Looking for 

  • An eye for detail coupled with analytical skills and critical thinking abilities
  • MS Office Competency, specifically Excel
  • The ability to identify opportunities for innovation and change
  • An Inquisitive and determined approach to problem solving
  • Enthusiasm for working with vast sets of data to perform data analysis and production of summary materials.
  • A strong commitment to set realistic targets and meet deadlines.

And, in addition:

  • You will be a penultimate year student (graduating in 2026)
  • You are on track for a 2:1 or above (or equivalent)
  • Right to Work in UK
  • Competence in any additional European languages will be well welcomed

What You Can Expect from Us

  • Central Location: based at our city offices near St Paul's.  
  • Free Food: We provide lunch each day of the week when the employee attends the office via our vendor Feedr as well as breakfast cereals, office snacks and drinks from our free vending machines 
  • Paid Time Off: 25 days annual leave entitlement plus 2 charity days 
  • Reward for your service: We offer a two-week bonus holiday after completing each 5 years of service 
  • Core benefits: Besides competitive standard benefits package we offer private medical (PMI) for family, Cash Plan, health screenings, dental cover, 6X life assurance, critical illness cover, income protection, pension, car leasing (Tusker electronic cars), reimbursement for wellness stipend, interest free season ticket loan and a “Share Incentive” plan 
  • Tuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferences 

Collaboration and innovation are integral to our success – it's how we got to where we are and how we’ll maintain and grow our competitive advantage. We believe this best happens in an office environment. Employees work in the office 4 days a week. This approach still allows for flexibility depending on the business function you work within but also helps us maintain a collaborative office environment long-term

Client-provided location(s): London, UK
Job ID: 4412395006
Employment Type: Intern

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • FSA
    • HSA With Employer Contribution
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Stock Purchase Program
    • Performance Bonus
    • Pension
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Lunch and Learns
    • Internship Program
    • Associate or Rotational Training Program
    • Access to Online Courses
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Founder led
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at MarketAxess.