2026 Global Markets Division - Summer Intern Program
2026 Global Markets Division - Summer Intern Program
About Us:
Crédit Agricole CIB is the Corporate & Investment Banking arm of the Crédit Agricole Group. Crédit Agricole CIB offers its clients a large range of products and services in Global Markets, Investment Banking, Structured Finance and Corporate Banking. The bank provides support to clients in large international markets through its network, with a presence in major regions such as Europe, the Americas, Asia Pacific and the Middle East.
About the Program:
Our 10-week summer intern program is designed to immerse participants in the day-to-day activities of the Global Markets Division which is comprised of Sales, Trading, Debt Capital Markets, Securitization, and Structuring. Participants are assigned to specific teams and are also afforded job shadowing opportunities across the division. To provide the participants with a well-rounded experience, the curriculum will include, but is not limited to, the following:
- Collaborate with senior and junior mentors
- Complete assigned projects
- Participate in formal training
- Attend speaker series, networking and social events
About the Role:
The intern will be assigned to support a team within Sales, Trading, Global Markets Funding (Primary Credit, Securitization, and Strategic Equity Transactions) and Structuring. A brief description of the teams and responsibilities are outlined below:
CASH (Global Markets Sales and Structuring)
Global Markets Sales (GMS): CACIB’s GMD sales function is divided into three main groups: Financial Institutions Flow Sales (Rates, FX/EM, Credit, Short-Term/Repo,) Financial Institutions Solutions Sales Teams (Cross-Asset Distribution and Own Funds,) and Corporate Sales. The Corporate Sales team covers the bank’s Corporate Clients and Private Capital Sponsors relating to Rate and FX solutions, across both flow and more structured transactions.
Responsibilities include, but are not limited to the following:
- Provide pre and post trade support to sales staff including client interaction
- Assist in data analysis, to further business strategy, market analysis and trade idea generation
- Develop client and/or executive facing presentations for sales staff
- Maintain, update and send daily, weekly and monthly reports, including but not limited to pricing data and market color
- Utilize proprietary sales/trading platforms to develop an understanding of Credit Risk and how it impacts our daily and long-term decisions
- Analyze daily flows to gain insight into market trends
- Develop the interpersonal skills needed for sales role
Global Markets Structuring
Global Markets Structuring (Structuring) is a team of financial engineering specialists dedicated to the development of innovative and bespoke solutions for our clients. Structuring works closely with both Sales and Trading to price and execute complex transactions; devise relevant product offerings and associated marketing; enhance the platform and product suite and; work on risk advisory mandates for clients of the bank.
The team maintains expertise around risk, legal, compliance, tax, accounting and regulatory aspects associated with global markets transactions. Structuring has a cross-asset mandate encompassing all asset classes traded by GMD: fixed income, equity, hybrids and secured financing.
Structuring is organized around the following mandates:
- Corporate
- Financial Institutions
- Fixed Income
- Secured Financing
- Equity
- Transversal: Structuring Business Development, Solutions and Wrapping
Global Markets Trading (GMT) and Global Repo and Indexing (GRI)
GMT and GRI are the two trading divisions within Global Markets. In the Americas, the trading teams specialize in the following products:
- Linear Rates (Swaps, US Treasury Bonds, …)
- Non-linear Rates (IR Options, Bond Options, ...)
- Foreign Exchange (G10 FX and Emerging Markets)
- Credit (IG and HY Corps)
- Global Repo and Indexing (US Treasury Repo, Total Return Swaps, Credit/ABS repo, ...)
A summer intern on a trading desk would have the following responsibilities:
- Shadow price transactions using trading tools and suggest hedging strategies
- Support team with daily tasks (PnL Reporting, Position reconciliation, …)
- Draw on historical trade data to generate insightful reports and propose trade ideas
These assignments will give selected candidates hands-on market experience and the opportunity to demonstrate their new skills.
Global Markets Funding (CMF) – Debt Capital Markets, Syndicate, Securitization, and Strategic Equity Transactions
Primary Credit – Debt Capital Markets and Syndicate
DCM and Syndicate provide strategic advice to bond issuers (Corporates, Financial Institutions, or Sovereigns) in the Americas on the structure, size, and timing of their USD and EUR bond offerings. Responsibilities include, but not limited to:
- Assist senior originators in creating presentations and market updates
- Coordinate with product partners in coverage/legal/sales to obtain approvals and execute new bond transactions
- Assist with internal and external due diligence processes
- Maintain internal databases and create ad-hoc credit and comparable analysis for management and issuers
- Develop a strong understanding of market trends and drivers issuance
DCM and Syndicate work closely together, with DCM focused on Origination and Syndication on market placement and execution
Securitization
Securitization focuses on the origination and structuring of secured financing solutions for Credit Agricole CIB and Credit Agricole Group clients, via asset or cash-flow based structures refinanced in the term Asset-Backed Securities, Private Placement or Asset-Backed CP markets.
The Bank offers structured financing and risk management solutions tailored to the needs of our clients, based on a variety of assets or cash-flows:
- Trade receivables
- Financial assets (e.g. car loans and leases, consumer loans, credit card loans, home loans, solar loans
- Operating assets, including rental vehicle fleets, air or rail transport assets, solar and other energy transition assets
- Infrastructure assets (for project bonds and private placements)
Strategic Equity Transactions (SET)
SET is a product line within Global Markets Funding offering tailor-made structured equity solutions, financing and derivatives, for a variety of clients of the bank (publicly listed Corporates and their strategic shareholders).
SET’s product offering includes forward ATM, post-IPO equity financing (margin loan, prepaid collar), accelerated share repurchase (“ASR”), convertible bonds hedging (capped call), share price hedges, accelerated minority share acquisitions and disposals.
Eligibility:
- College students with an anticipated graduation date between December 2026 and June 2027
- Candidate will not require visa sponsorship now or in the future (Including CPT, OPT, F1)
- Must be eligible to work in the US
- Minimum GPA of 3.5
- Available to work for a 10-week period in June-August 2026
Desired Profile:
- Strong academic background – candidates with diverse majors are encouraged to apply
- Enthusiasm for financial markets and investment banking
- Exceptional analytical, interpersonal, written and verbal communication skills
- Strong competency in MS Excel and PowerPoint
- Strong time management skills and the ability to work collaboratively and autonomously