2027 Summer Legal & Compliance Intern

2027 Summer Legal and Compliance Intern

New York

 

Marshall Wace is a leading provider of alternative investment solutions with over $90 billion in assets under management. Our global investment process operates around the clock, deploying capital across a diverse range of systematic and fundamental strategies. We have a track record of providing market leading returns for over 25 years.

Our success is underpinned by a perpetual effort to innovate and optimize upon our existing investment process, embracing sophisticated, proprietary technology and data sources at every level of the organization. Our small, but impactful group fosters a collegial culture that demands entrepreneurship and personal responsibility, presenting ample opportunity to employees for meaningful impact on our profitability.

 

Our Intern Program

 

Our Intern Program takes place over 10 weeks beginning Monday, June 14th, 2027, and ending on Friday, August 20th, 2027. The Summer Intern Program includes the following:

• Business critical projects with the opportunity to produce high-impact work
• Weekly lunch seminars with senior managers across all teams
• Finance teaching days hosted by other financial institutions
• Opportunities to participate in charitable and company-wide social events

 

Legal/Compliance Internship

Our Compliance and Legal teams are at the forefront of innovation and risk mitigation in a constantly evolving regulatory environment. Both teams must develop a thorough understanding of all aspects of MW’s activities, including trading, investment decision-making, and marketing, in order to render balanced advice to a variety of business units. The intern will work closely with a team led by the Chief Compliance Officer and US Head of Legal of Marshall Wace North America who is also part of the larger global Legal team and can expect exposure to both the Compliance and Legal teams.

The Compliance team performs routine monitoring, facilitates regulatory filings and strives to fulfill MW’s regulatory obligations in a variety of jurisdictions. Emphasis is placed not only on developing policies and procedures that guide MW but designing and leveraging cutting-edge technology to operate efficiently and effectively. The Legal team is responsible for all legal documentation within MW, including fund prospectuses, trading agreements and technology contracts. The team also analyzes MW’s regulatory obligations globally and provides advice on adherence.

• This intern will support the day-to-day operations of the Chief Compliance Officer and US Head of Legal of Marshall Wace North America and their team, and responsibilities may include:
• Analyzing applicable regulatory developments through gap assessment and implementation;
• Assessing certain processes firm-wide and recommending controls and actions to optimize compliance monitoring and reporting;
• Reviewing legal documents, under the supervision of members of the legal team, for adherence to MW templates and current market standards;
• Collaborating with other teams to address potential organizational risks and opportunities for improvements;
• Participating in calls and meetings with both internal and external parties related to specific legal or compliance projects;
• Identifying topics for firm-wide education and creating materials; and,
• Developing strategies for streamlining complex processes and distilling complicated regulations for firm-wide implementation.

Qualifications

• Students attending their first or second year of law school, or their first year of business school, are encouraged to apply.
• Excellent academic credentials in a challenging course of study
• Strong written and verbal communication skills
• Interest in, and knowledge or exposure to, rules-based subject matter
• Ability to quickly learn new, complex subject matter and intelligently apply it to solving problems
• Driven, organized, and detail oriented with a commitment to efficiency and process innovation
• Hunger to join a fast-paced, entrepreneurial environment that encourages intellectual curiosity
• Prior experience with financial products and markets (e.g., academic courses, prior internship at a financial company)
• Collaborative, team-oriented, “no task is too small” mentality
• Proficiency in Microsoft Excel, Word, and PowerPoint
• Ability to work from the New York office for duration of 10-week program.

How to Apply

Applications must be submitted to our application portal via Greenhouse: https://job-boards.greenhouse.io/mwnaintern/jobs/8859122002

 

Applications must contain a resume and a detailed cover letter that indicates the role for which you are applying. We encourage you to apply early as assessments will be made on a rolling basis.

 

If your application is shortlisted, you will be invited to participate in a telephone interview before proceeding further in our process, which includes role-specific assessments.