No deadline given. It closes when the places fill, which on a sought-after London desk is often weeks after it opens. Apply as if it closes tomorrow.
This is the 2026 EMEA off-cycle internship in London in FICC & Equities (Structuring), inside Goldman's Global Banking & Markets division, corporate title 'Seasonal'. The firm says the Off-Cycle Program varies in length depending on the programme and the university, is for undergraduate students, and gives you training and real responsibilities alongside its people. The page carries a date of 1 May 2026. Source
'Structuring' is the word that changes the job. Structurers design the product rather than trade it: a corporate that needs to hedge next year's fuel bill, an insurer that needs a particular payoff, an investor who wants exposure to an index with the downside capped - the structurer builds the instrument that solves it, prices it with the models the quants maintain, and hands it to sales and trading to execute and risk-manage. You sit between the client, the trader and the model, and your output is a term sheet and a price.
It is the most quantitative of the markets seats, and it hires accordingly: maths, physics, engineering and computer science as often as economics. Expect probability, calculus and coding in the interview rather than a stock pitch, and expect to be asked how an option behaves rather than what you think of the market. If your degree is not quantitative, this is the Goldman markets posting where that hurts most.
No desk is named, and the page's own division text describes sales and trading and never mentions structuring at all - so we know the cluster this seat sits in and nothing about the desk. Structuring desks are organised by asset class: rates, credit, FX, commodities, equity derivatives. The asset class is the job, and it decides whether your summer is spent on interest-rate maths or on equity payoffs. Ask which one before anything else.
What the page does say about the business: 'Global Banking & Markets (Public) / FICC and Equities (Sales and Trading)' enables clients to buy and sell financial products, raise funding and manage risk, makes markets and facilitates client transactions in fixed income, equity, currency and commodity products, makes markets in and clears client transactions on major stock, options and futures exchanges worldwide, and maintains client relationships through a global sales force that receives orders and distributes research, trading ideas and market analysis. Source
28 people have held London roles in Goldman Sachs' FICC division since 2018 - where most structuring seats sit, alongside the equity derivatives side.
29 people have held London roles in Goldman Sachs' Equities division since 2018, the other half of the business this posting covers.
779 people have held London roles at Goldman Sachs as a whole since 2018, across banking, markets, research and asset management.
The year in front of the title is 2026 and we are now in September 2026, with the page itself dated 1 May. This is a row from the cycle that is ending, not the one opening - if it is still live it is a near-term start, not a place to plan next summer around. We do not call a posting closed until the firm does, so treat it as unverified rather than dead, but confirm it exists before you spend an application, and look for the 2027-labelled equivalent if you need a later start.
No deadline is stated. Structuring off-cycle seats are opened when a desk has more work than hands, and they close when someone is hired rather than on a date. On a posting this old, an email to the recruiter asking whether it is still open is worth more than the form.
The Off-Cycle Program is for undergraduate students and varies in length based on the programme and the university. You may apply to up to four separate business and location combinations in any given recruiting year; any additional application is automatically withdrawn, and to add one you must first withdraw a current application that has not been turned down. Creating multiple email addresses to apply to more opportunities is not permitted. Source
The page states no degree subject, no graduation window and no right-to-work requirement - those are asked in the form. Do not read the silence on degree subject as an open door: for a structuring seat the maths bar is the one that decides it, and four applications a year is too small a budget to test that with a speculative one.
1 person. Their role, the page the firm names them on, and how to reach them
Search their name and the firm on LinkedIn.
The route that always works, and the one they are most likely to read.
The firm publishes this person, and publishes no address we could read for anyone here, so there is no pattern to show you either. Search their name and firm on LinkedIn and write from your own account.
Next: read the briefing above, then sign in and track Goldman Sachs so you hear within the hour when it posts again.