Stage - Rates Systematic Trading (f/m/d)

We are seeking a student intern to join our Systematic Trading Rates team in Paris, within the Global Banking & Markets division. The Systematic Trading team is responsible for systematic market-making in the sovereign bond market. The internship will start in January 2027 and last for 6 months, working full-time at 38 Avenue Kléber, Paris. Responsibilities: Utilise your knowledge and creativity to work towards greater automation of our trading systems Research new trading strategies by studying price dynamics using your knowledge of signal processing, statistics, machine learning, and finance Analyse large databases to extract relevant information and generate trading ideas Improve existing pricing and risk management algorithms Actively collaborate with traders and quants Profile: Final-year student with an engineering, mathematics, data analysis, or other quantitative discipline background Strong knowledge of mathematics, data analysis/statistics, and finance Excellent programming skills Fluent English Rigorous, creative, and dynamic mindset Benefits: Autonomy and flexibility through our teleworking agreement Dynamic career development policy with training programs, mentoring, coaching, and quality training offered by our HSBC University Access to various devices to ensure your psychological well-being (yoga, sophrology, mindfulness, etc.) Opportunities in France and internationally, as this position can be a starting point for your career within the Group An inclusive work environment that promotes Diversity & Inclusion themes and allows you to work in a supportive atmosphere A restaurant ticket system or access to the company restaurant depending on your assignment location HSBC has been certified as a 'Top Employer 2026' in Europe, recognising our HR practices and acknowledging us as an HR leader in several European countries. Job Data by YubHub .