Rates Sales and Trading Summer Analyst Review

Shadowed people throughout the Rates team doing interest rate swaps, cross currency swaps, government bonds, repo, SBL, Equity Finance, and Options trading Ran spreadsheets for team calculating PnL, Risk exposure, and designing macro models that added value to the traders Provided weekly market commentary, outlined key events such as Central Bank meetings etc Had full access to Bloomberg, Apex, and Murex Sat in on team meetings with various other departments Attended social events with team

My knowledge of Sales and Trading has increased exponentially since being on the trade floor and learning from talented individuals in the industry. The skills you learn on an internship are invaluable and there's nowhere else you can gain similar experience. There's only so much you can learn from google! The internship has taught me skills that I will continue to use throughout my career, and MUFG has encouraged personal development throughout.

I was given responsibilities from day one and over the course of the internship I was able to take on more and larger responsibilities. The team was there to support me throughout, and offered guidance and support wherever necessary.

Both my team and HR were extremely supportive throughout. The team volunteered lots of their time to help me develop both technical skills and personal skills. HR organised fantastic training events, and MUFG ran frequent personal development sessions throughout the summer.

MUFG has a great culture and atmosphere. On the trading floor there is a non-hierarchical, flat structure. This is an excellent opportunity for new starters in the industry to learn from all experience levels from Analysts up to Managing Directors. Everyone is very welcoming and friendly, and something that stood out for me is that everyone wants to see you succeed.

The internship is very challenging and intense but this is what helps you to develop both technical and personal skills. I have learned more in the last 10 weeks than I ever have. It has solidified my interest in a trading career and I have developed an extensive network with professionals in the industry. I have deepened my understanding of how large banks operate and have had the opportunity to shadow multiple teams and departments throughout MUFG. As well as this HR organised social and CSR events throughout which was a great opportunity to interact with other interns outside of work in a more relaxed environment.

Yes

The recruitment process is tough. Make sure you get your application in early. Complete all numerical and verbal tests to a high standard. In interviews be yourself. Through speaking to staff they all say to let your personality shine through in interviews, discuss things you're passionate about and try to be unique. The biggest advice I have got over the course of my internship is to be inquisitive. MUFG don't expect you to know your technical knowledge inside out, however, they want to see you are motivated and curious to learn more. Ask lots of questions!