Data Science and Machine Learning Industrial Placement

Hello, we’re IG Group. No, not Instagram – though we’re a pretty big deal ourselves. 

We’re a global, FTSE 250-listed company made up of a collection of progressive fintech brands in the world of online trading and investing. The best part? We’ve snapped up many awards for our top-class platforms, forward-thinking products, and incredible employee experiences. 

We believe in financial freedom. And our purpose is to help ambitious people achieve it. Around 400,000 people use our groundbreaking technology and forward-thinking platforms to trade the financial products they know and love. 

Data Science and Machine Learning one-year Industrial Placement   

IG Group is seeking an ambitious undergraduate who is passionate about using advanced techniques in data science and machine learning to join a 12-month, fully paid industrial placement where you can experience the inner workings of a FTSE 250 Data Science department. 

Data Science is fast-growing at IG and we are constantly redefining what this discipline means for the organisation. The demand for our services is very high, and this provides a lot of buzz for every one of us on the team. We are scratching the surface in terms of delivering value to the organisation, but we have been making progress in the complexity of solutions we have available. Your role would be to support the team in their daily challenges, such as:  

• Exploring a variety of data from structured to unstructured and spanning client, operational and financial domains to identify opportunities for data science that add value to the business. 

• Advancing the use of machine learning within IG by building our next generation data products, e.g. recommendation systems, chatbots, text analytics systems and automatic insight generation systems. 

• Working with stakeholders from across the business to turn business problems into data-driven solutions. 

• Building descriptive and predictive models to understand customer behaviour and prescribe next best actions. 

• Building customer segmentation models to deepen understanding of our increasingly diverse client base and provide personalised customer experience. 

• Building predictive models to optimize IG’s pricing and hedging strategies. 

 What you’ll need for this role:

• a methodical approach to solving difficult problems and will feel comfortable in presenting insights generated from data to the business. 

• excellent communication skills, explaining complicated concepts to non-technical colleagues.

• innovative thinking to put forward own ideas and suggestions.

• Some experience in: generating insights from complex data sources, performing statistical analysis and building machine learning models, AI tools such as LLMs, image processing models and prompt-based models. 

• Programme length: 11-month placement 

• Start date: September 2024

• Salary: Competitive pro-rata salary  

• Location: City of London 

• Working model: hybrid (3 office days per week) 

Throughout your 12-month placement, you’ll be part of an experienced Data Science team. You’ll have an opportunity to partner with stakeholders across all areas of the business including marketing, risk, customer services and quants, to deliver impactful data products using state of the art machine learning techniques. 

Following your induction, you will be assigned a line manager who will support and coach you throughout your industrial placement. You’ll attend training courses alongside our graduates and have access to a huge range of IG learning and development resources. You’ll be part of a larger community of graduates which is a fantastic opportunity to grow your network.  

Recruitment process:  

1.     Application review 

2.     Online Assessment 

3.     Interview with Data Science manager