Intern,Global Macro
Polar Asset Management Partnersis a leading global hedge fund founded in 1991, with investment teams across Canada, the United States, and the United Kingdom. The firm manages capital across equities, credit, rates, commodities, and other specialized asset classes, with a longtrack recordof delivering strongrisk-adjustedreturns through disciplined,research-driveninvestment processes.
TheGlobal Macro team in New York Cityis seeking an Intern to work closely with Portfolio Managers and Senior Investment Analysts. This role provides hands-on exposure to live macro portfolios andreal-timeinvestment decisionmaking across rates, FX, and emerging markets. As an Intern, you will contribute directly to macro research, data analysis, and portfolio support, while developing a deep understanding of how global macro views are formed, expressed, and riskmanaged in institutional portfolios.
DESCRIPTION:
- Support Global Macro portfolio managers and senior analysts across rates, FX, and EM sovereign markets, with a focus on macroeconomic regimes, policy dynamics,geopoliticsand crossasset linkages.
- Conduct top-down macro research on global growth, inflation, balance of payments, fiscal policy, and central bank reaction functions (developed and emerging markets) to support directional and relativevalue trade ideas.
- Analyze yield curves, interestrate volatilities, FX forwards,andcredit spreads, including scenario and stress analysis across macro risk factors.
- Build andmaintainmacro dashboards and country monitors tracking economic surprises, capital flows, positioning, and policy signals using Bloomberg, Python, and internal data tools.
- Support portfolio construction and risk discussions through performance attribution, factor decomposition, and crossmarket correlation analysis for macro strategies.
- Prepare concise written research notes and investment memos for internal discussions, clearly articulating macro views, risks, andimplementationconsiderations across rates and FX instruments.
SKILLS & QUALIFICATIONS
- Highly quantitative and analytical, with comfort working with large economic and financial datasets and translating data into coherent market viewsand trades.
- Strong interest in global macroeconomicsand financialmarketsisrequired.
- Solid foundation in macro and fixedincome concepts, including yield curves, duration and convexity,covered interest rate parity,monetary policy, and balance ofpaymentsdynamics.
- Programming experience in Python (preferred) and/or R or SQL for data analysis, visualization, and automation of recurring research workflows.
- Familiarity with Bloomberg macro and fixedincome functionality is a strong plusbut notrequired.PMs and analysts work withBloomberg,and the intern will receivea temporary subscription.
- Curious, self-directed, and comfortable working on open-ended research problems infastmovingand uncertain market environments.
Compensation: In accordance withNew York City's Pay Transparency Law, the estimated base salary range for this position is USD$1,200to $1,300 per week.The actual base salary pay will depend on several factors, including, but not limited to, the individual's experience level, the qualifications they bring to the role, business needs, and market demand.