2027 Commercial & Investment Banking - Global Markets - Off-cycle Internship - London

The full posting title reads "2027 Commercial & Investment Banking - Global Markets - Off-cycle Internship - London". Within the advert the role is filed as "Business unit: Commercial & Investment Bank", with "Category: Seasonal Employee", "Job function: Program Analysts & Associate" and "Requisition type: Campus". Source

The "Commercial & Investment Banking" prefix points to the CIB umbrella rather than a separate business, and the "Global Markets" placement distinguishes the seat from M&A or coverage roles within CIB.

"Off-cycle" marks this as a non-summer intake: start dates run across Q1, Q2, Q3 and Q4 rather than a single summer analyst window.

The posting sets out two tracks inside Global Markets: "Trading: a unique insight into global markets - we provide liquidity to clients in all major asset classes and pride ourselves on our fast execution, market share and e-trading platforms", and "Structuring & Origination: a dedicated team of professionals servicing the structured product requirements of our clients. The team offers a broad range of innovative investor products, liability management and hedging solutions." Source

The posting identifies the firm as J.P. Morgan and gives the office address as 25 Bank Street, Canary Wharf, London, E14 5JP. Source

About 30 people have held London roles in J.P. Morgan's Markets business between 2018 and 2026, drawn from career-history records covering that window.

The posting describes this as "a pooled recruitment process whereby you will be considered for available roles that are to be recruited during your availability. Roles are recruited for quarterly with start dates in Q1, Q2, Q3 and Q4." It also says "We fill our classes on a rolling basis and encourage early applications" and warns that "programs will close as positions are filled". Source

Rolling closure means the stated 1 November 2026 deadline is a soft outer marker, not a hard cutoff: the class closes as seats fill, so apply early rather than timing to the date.

The posting requires a "Graduation date from July 2026 to July 2027" for this London-based, full-time seasonal role. It also asks for "Excellent analytical, quantitative (algebra, statistics, probability), and interpretative skills" and notes that "We welcome applications from all degree disciplines". Source

Applicants are told "We recommend that you apply to one Markets program only." After the resume stage the next step is "(1) a video interview and (2) a math test, powered by HireVue", and "Completion of the HireVue video interview and math test is required, and your application will not be considered for further review until you have completed both." Source