Banking Off Cycle Internship Programme 2026 Madrid

**Off-Cycle Internship Overview**

Join us on an Off-Cycle Internship for 3-6 months working within our Investment Banking, Markets, Corporate Banking or Quantitative Analytics business areas. Immerse yourself in our work and culture and gain invaluable insights into life as a Full-time Analyst with this longer internship.

**Why the Banking Off-Cycle intern Programme?**

As an Off-Cycle Analyst, you’ll be surprised by what you can achieve. This is a unique opportunity to work within one of our Banking teams for an extended period of time, with longer exposure to projects compared to a summer internship. This allows you to truly immerse yourself in our work and culture and gain invaluable insight. You'll have ample opportunities to expand your horizons across different sectors and products within Banking, and across the Investment Bank as a whole. The internship programme will provide you with the support and networking opportunities you need to find your place in our world.

You may also work on projects that include:

- Financial analysis and modelling
- Valuation
- Industry research
- Client due diligence
- Developing written materials, including offering memoranda and new business presentations.

**Investment Banking at Barclays**

Barclays is one of the world’s top-tier investment banks. We are one of the only non-US, full-service rivals to the biggest US investment banks. And being headquartered in Europe gives us a unique advantage. We think and act differently. From Hong Kong to Houston, and Tel Aviv to Tokyo, everyone at Barclays enjoys a real sense of purpose, because they work for a business that fosters innovation, champions sustainability, and deploys finance responsibly for the common good and the long term. We provide comprehensive financial advisory, capital raising, financing and risk management services to corporations, governments and financial institutions worldwide. We take an integrated approach to client coverage, providing access to bankers who have industry and geography specific expertise across all investment banking products.

**Who we're looking for**

To be considered for this programme, you must be in your penultimate, final year or have graduated recently - in any discipline. Language requirements: fluent in English and Spanish.

Ideally, you'll have a keen interest in finance and business. We value resourcefulness, teamwork, enthusiasm and an entrepreneurial spirit, all of which might be showcased through your involvement in extracurricular activities.

The location for this role is indicated in the job title, and you will be based at that location. If you are accepted into our graduate programme, your base location will be the same as it was during your internship.

**Barclays Europe**

We’ve had a presence in Europe almost as long as there’s been a Barclays. So, we’re building on solid foundations, leveraging our embedded talent, in 10 locations across the region allowing us to draw on a wealth of local and regional insight.

**Working in Madrid**

Our office in Madrid delivers informed strategic advice, comprehensive financial solutions and risk management services, creating sophisticated strategies customised to meet our clients’ needs.

**Purpose of the role**

To participate in the day-to-day activities of the investment banking division. Gain broad exposure to different typed of clients, transactions and focus on specialist areas.

**Accountabilities**
- Collaboration on live deals, client pitches, support the team with advising on a broad range of corporate clients, delivering holistic, structured solutions to deliver on client goals.
- Collaboration with cross-functional teams to support business initiatives.
- Participation in training and development programs to enhance skills and knowledge.
- Identification of opportunities, development of business cases, management of the deployment and launch of new products and services for investment banking.
- Management of client relationships and provision of customer service support to clients and customers, under steadily decreasing supervision, responding to questions about products and services, processing of transactions.
- Development and implementation of financial models and strategies that support in decision making in investment banking. Understand how businesses work and learn from experts in the industry.

**Analyst Expectations**
- To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
- Requires in-depth technical knowledge and experience in their assigned area of expertise.
- Thorough understanding of the underlying principles and concepts within the area of expertise.
- They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to c