Off-Cycle Corporate Finance / ECM Intern, Paris 2026 - Midcap, 6 months starting January 2026 at Tp

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries.  We are 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Midcap

We are a leading independent investment bank dedicated to small and mid-cap listed companies. Our Corporate Finance / ECM team provides strategic advice and execution on a wide range of equity financing transactions, including IPOs, capital increases, private placements, and secondary offerings.

Role Overview

This is an internship in the Midcap team based in Paris, offering an opportunity to support the Corporate Finance team’s day to day efforts, gaining hands-on experience.

Role Responsibilities

• Assisting in the preparation of client presentations, pitch books, and transaction-related documentation.

• Conducting financial and market analysis on companies, peers, and sector trends.

• Supporting the execution of ECM transactions (IPOs, rights issues, ABBs, convertible bonds, etc.).

• Contributing to valuation exercises (trading comparables, transaction comparables, DCF analysis).

• Monitoring equity markets, investor activity, and market intelligence related to small & mid-cap companies.

• Liaising with internal teams (sales, trading, research) to support the placement process

Experience / Competences

Essential

• Education: Final year student, pursuing a Master’s degree, ideally from a top business school, engineering school, or university with a specialization in finance.

• Fluent (written and oral) in both English and French

• Strong academic background in corporate finance, accounting, company valuation, or capital markets.

• Excellent analytical and quantitative skills, with proficiency in Excel and PowerPoint; knowledge of financial databases (Bloomberg, Capital IQ, FactSet) is a plus.

• Strong attention to detail, organizational skills, and self-sufficiency in completing assigned tasks.

• Demonstrated interest in equity capital markets and in working with listed small & mid-cap companies.

• Team player with strong communication skills and intellectual curiosity.

Desired

• Exposure to capital markets transactions and direct interaction with senior bankers and listed companies’s management

• A challenging and international working environment with strong learning opportunities.

Band & level: Support, 1

#LI-Int #LI-Onsite #MIDCAP

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

Location