Capital Markets Intern - Winter 2027

As a winter intern, you will assist the ETF Trading team in intra-day and end-of-day processes and activities for the trading desk, working with Portfolio Management, Operations, and Trading Technology. You will be working with traders responsible for trading a wide range of securities and derivative instruments, including equity and fixed income securities, ETFs, futures and options, and OTC derivatives. 

Typical Duties and Responsibilities 

• Assist in booking transactions into trading systems and models 
• Work with Operations for position matching, trade allocations and other post-trade activities 
• Assist traders in end of day functions such as verifying NAV calculations, checking position tables, disseminating creation/redemption baskets etc. 

Your Qualifications 

• You are working toward a Bachelor’s in business, finance, economics or similar degree 
• You have some experience, or strong interest in trade support ETFs, securities, and/or derivatives in equity, fixed income or foreign exchange markets 
• Ability to understand the broader investment objectives behind trades 
• Strong analytical and information technology skills are desirable 
• Good communication skills 
• Ability to multitask and thrive in a fast-paced environment 
• Maturity, good judgment, and a professional demeanor 

Location 

Candidates hired into this role will be required to work in-person in the Milliman office in Chicago, IL on a weekly basis, but flexible work arrangements will be considered. 

Compensation 

The overall hourly rate range for this role is $21.00 - $43.00. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc. 

Benefits 

We offer competitive benefits which include the following based on plan eligibility: 

• Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges. 
• 401(k) Plan – When an employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan that includes a company matching program and profit-sharing contributions. 
• Paid Time Off (PTO) – Begins accruing on the first day of work; Interns, Temporary, and Seasonal 
  Employees will earn PTO each pay period, based on 1 hour for every 30 hours worked. 
• Transportation – Pre-tax savings for eligible transit and parking expenses. 

Equal Opportunity 

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran. 

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