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Internship Discretionary Trader Jobs (NOW HIRING)

Early Careers Specialist

San Diego, CA ยท On-site

$27 - $33.65/hr

Eligible for an Annual Discretionary Cash Bonus Target: 10% Eligible for an Annual Discretionary ... Experience supporting internships, rotational, or campus recruiting programs * Exposure to ...

AVP, Early Careers Manager

San Diego, CA ยท On-site

$80K - $100K/yr

Eligible for an Annual Discretionary Cash Bonus Target: 7.5% Eligible for an Annual Discretionary ... Lead annual summer internship from intake through conversion decisions * Work with senior HR ...

AVP, Early Careers Manager

San Diego, CA ยท On-site

$80K - $100K/yr

Eligible for an Annual Discretionary Cash Bonus Target: 7.5% Eligible for an Annual Discretionary ... Lead annual summer internship from intake through conversion decisions * Work with senior HR ...

This position will also be eligible for a discretionary bonus (if determined by Optiver) and ... Internship positions in our Trading and Tech departments are also be eligible for benefits ...

Previous internship, work experience, or exposure to energy markets, trading, or risk management ... Competitive compensation and participation in Engelhart's discretionary bonus plan. * 20 days of ...

Construction Risk Analyst

San Diego, CA ยท On-site

$25 - $30/hr

Eligible for an Annual Discretionary Cash Bonus Target: 12.5% Eligible for an Annual Discretionary ... Internship or entry-level experience in banking, real estate finance, or construction management ...

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Internship Discretionary Trader information

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How much do internship discretionary trader jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for internship discretionary trader in the United States is $15.54, according to ZipRecruiter salary data. Most workers in this role earn between $12.50 and $17.55 per hour, depending on experience, location, and employer.

What is the difference between Internship Discretionary Trader vs Algorithmic Trader?

AspectInternship Discretionary TraderAlgorithmic Trader
CredentialsTypically pursuing or holding a finance or related degree; some firms require licenses like Series 7 or 63Similar credentials; often requires programming skills and quantitative background
Work EnvironmentOffice-based, supervised, and learning-focused during internshipHigh-tech, data-driven, often collaborative with quantitative teams
Industry UsageCommon in trading firms, investment banks, hedge fundsPrevalent in quantitative trading firms, hedge funds, proprietary trading desks

Internship Discretionary Traders focus on manual trading decisions based on market analysis, often under supervision, while Algorithmic Traders develop and implement automated trading algorithms. Both roles require financial knowledge, but Algorithmic Traders emphasize programming and quantitative skills. The internship provides foundational experience, whereas algorithmic trading involves advanced technical expertise.

What are some typical challenges faced by Internship Discretionary Traders, and how can they be addressed?

Internship Discretionary Traders often face challenges such as managing the emotional aspects of trading, adapting quickly to volatile markets, and developing effective risk management strategies. Interns must learn to make decisions under pressure while balancing guidance from senior traders and their own analysis. Overcoming these challenges involves actively seeking feedback, maintaining discipline in following trading plans, and continually learning from both successes and setbacks. Collaboration with teammates and mentors also plays a significant role in developing the confidence and skills necessary for long-term growth in the trading field.

What are Internship Discretionary Traders?

Internship Discretionary Traders are interns who work with trading teams, typically at investment banks or hedge funds, to learn and assist in making buy and sell decisions based on market analysis and judgment rather than automated or systematic strategies. They gain hands-on experience in monitoring markets, analyzing financial data, and executing trades under the guidance of experienced discretionary traders. This internship provides exposure to real-time trading environments, risk management, and the decision-making processes that drive discretionary trading. It's a valuable opportunity for students interested in financial markets to develop practical skills and industry knowledge.

What are the key skills and qualifications needed to thrive as an Internship Discretionary Trader, and why are they important?

To thrive as an Internship Discretionary Trader, you need strong analytical skills, quantitative aptitude, and a foundational understanding of financial markets, often supported by coursework in finance, economics, or related fields. Familiarity with trading platforms, financial modeling tools like Excel or Python, and Bloomberg terminals is typically required. Attention to detail, resilience under pressure, and effective communication set top candidates apart. These skills are critical for making informed trading decisions, managing risk, and collaborating effectively in a fast-paced, high-stakes environment.
More about Internship Discretionary Trader jobs
What cities are hiring for Internship Discretionary Trader jobs? Cities with the most Internship Discretionary Trader job openings:
What are the most commonly searched types of Discretionary Trader jobs? The most popular types of Discretionary Trader jobs are:
What states have the most Internship Discretionary Trader jobs? States with the most job openings for Internship Discretionary Trader jobs include:
What job categories do people searching Internship Discretionary Trader jobs look for? The top searched job categories for Internship Discretionary Trader jobs are:
Infographic showing various Internship Discretionary Trader job openings in the United States as of June 2026, with employment types broken down into 97% Full Time, and 3% Part Time. Highlights an 91% In-person, 3% Hybrid, and 6% Remote job distribution, with an average salary of $32,333 per year, or $15.5 per hour.
Associate Trade Settlements (Entry-Level)

Associate Trade Settlements (Entry-Level)

William Blair

Chicago, IL โ€ข On-site

$70K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago


Job description

Solutions for Today's Challenges. Vision for Tomorrow's Opportunities.
Join William Blair, the Premier Global Partnership.
Work with the William Blair Investment Management Trade Operations team, other internal and external parties to support the daily trade processing workflows. Monitor trade communication and settlement for domestic equity, global equity, EMD and FX trades. Provide support of the trade order managements system, as well as the associated interface programs. Execute trade operations processes under the direction of senior staff. Ensure systems accurately reflect daily transactions. Resolve system issues. Respond to questions and issues from the trade team pertaining to trade operations issues. Execute system user training. Perform system maintenance. Maintain procedures manual. Provide suggestions for trade operations policy and procedure improvements.
  • Work with custodians, brokers, and trading operations, throughout the daily trade processing workflows. Respond to questions and issues from the portfolio implementation teams, resolving inquiries in a timely and accurate manner.
  • Monitor trade communication and settlement of domestic equity, global equity, EMD, and FX trades. Research and resolve issues to ensure timely settlement.
  • Provide support for the trade order management systems as well as the associated interface programs.
  • Ensure systems accurately reflect daily transactions. Prepare and distribute various trade related reports.
  • Resolve system issues utilizing internal support or external vendor resources as appropriate.
  • Perform account maintenance on applications that facilitate the trade settlement process, such as set up of new accounts, additions and removal of data, regulator changes, etc.
  • Maintain procedures manual. Provide suggestions for internal policy and procedure improvements. Ensure trade support standards, policies and procedures are followed.
  • Execute cross-training on systems to ensure users understand the trade operations workflows and systems.
  • Additional responsibilities as requested.

Qualifications:
  • Bachelor's Degree required
  • 1-3 years of operations, trading or other industry experience preferred (through internships or full-time)
  • Understanding of financial markets required
  • Solid problem solving, analytical and comprehension skills
  • Effective oral and written communication skills and commits to understanding others
  • Concern for quality
  • Results orientation
  • Detail oriented and able to prioritize tasks
  • Demonstrates initiative and persistence
  • Commits to satisfying internal and external customers
  • Proficiency using Microsoft Office products
  • Exhibits a positive attitude
  • Ability to work from the Chicago office 2x per week; hybrid

#LI-HK1
A reasonable estimate of the current base salary range at time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is based on several factors, including but not limited to applicant's skills, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and, if applicable, the location of the position.
This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.
Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
Salary Range
$70,000-$85,000 USD
About Our Firm
William Blair strives to attract qualified candidates who specialize in investment banking, investment management, private wealth management, and other strategic resource groups. We are committed to empowering our colleagues to deliver client success and engage in our communities. Our firm has delivered trusted advice for nine decades, continuing to deepen our expertise and relationships across asset classes and markets throughout North America, Europe, and Asia. We provide advisory services, strategies, and solutions to meet clients' evolving needs amid dynamic market conditions and varying industries. What sets us apart is that we are an independent partnership, with colleagues who have unique experiences, perspectives, and backgrounds. We empower our people to bring their best thinking so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect. We invite you to learn more about us by visiting williamblair.com.
William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v
Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.
Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.
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