AllianceBernstein Fixed Income Summer Internship in New York, New York
AllianceBernstein (AB) is a global investment-management firm providing industry-leading research and investment solutions through a combination of innovation, intellectual curiosity and relentless ingenuity. We offer high-quality research and diversified investment services to institutional and individual investors worldwide. Our clients include some of the world's top institutions as well as private-wealth clients and retail investors. Through close partnerships with our clients, we collaborate on investment strategies across regions and sectors to inspire innovative thinking and deliver superior outcomes.
We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. We offer our talent the opportunity to grow professionally while working on cutting-edge ideas and outcomes in a global culture that operates as a tight-knit community.
If you're ready to innovate and grow your career, join us.
AB Fixed Income, the fixed income division of AB, delivers a wide range of fixed income investment services to clients around the world. AB Fixed Income manages over $280 billion in fixed income assets under management for a broad spectrum of clients, from retail investors, to high-net-worth individuals and families, to major institutions and corporations.
Our depth of research, worldwide presence, and breadth of investment management expertise permit us to offer actively managed multi-sector and single-sector fixed income strategies across the risk/return spectrum in every major market globally. Our product offerings span the risk/reward and investment needs spectrum, from investment-grade to high-yield securities and from taxable to max-after-tax strategies. Those solutions often include developing tailored benchmarks, employing sophisticated asset/liability-matching techniques, creating custom portfolios, and/or developing client-specific tax strategies.
We are seeking talented, highly motivated undergraduate students who have demonstrated significant academic achievement, intellectual curiosity and an interest in financial services. This program is designed to provide a select group of students with first-hand exposure to careers in asset management, investment research and financial services.
Interns will have the opportunity to work with and gain exposure to senior investment professionals within the Fixed Income division. Each intern will rotate through two 5-week assignments with a different team within the division. During each assignment, the interns will be tasked with a specific project with a goal of producing tangible accomplishments. The intern will help improve current processes and complete projects that will be useful well beyond the intern’s departure. At the end of the internship, you will be given the opportunity to do a presentation to senior management. Potential opportunities offered:
Support the fixed income portfolio management team by developing strategies to efficiently and accurately monitor and implement position weights and risk analytics
Learn about various fixed income asset classes and portfolio management strategies with the goal of executing research conclusions into portfolio actions
Assist credit strategist with the development of various analytical tools that will assist portfolio management in screening and optimizing investment opportunities
Assist the credit portfolio management team with developing various analytical tools and implementing investment strategies
Support senior members of the quantitative research team with an in-depth analysis of various Fixed Income sectors to identify investment opportunities
Work closely with senior members of the quantitative research team to develop new tools and systematic investment strategies across fixed income markets
Credit and Securitized Research:
Assist senior analysts with industry and company level analysis or asset and mortgage backed loan securitizations
Participate in company or securitization level reviews concurrent with primary issuance processes or secondary market opportunities
- Assist senior members of the Economics team in analyzing various macroeconomic topics on Developed and Emerging Market economies that are relevant to our investment strategies
Candidates should be top academic performers, be interested in the investment management industry and meet the following criteria:
May or June 2021 Bachelor’s degree candidates in business, finance, economics, math, computer science, engineering or liberal arts
Cumulative GPA of 3.3 or better
Must be a U.S. Citizen or Permanent Resident
Strong quantitative, analytical and communication skills
Detail-oriented, ability to multi-task and work in a fast-paced environment
Ability to work independently while also being a strong team player
Some coursework in finance and economics is a plus
Candidates must be available to work full-time from June through August.
It is not permissible to simultaneously take academic classes or hold other employment that will conflict with the internship schedule.
Selected candidates will need to successfully complete a thorough background check.
Requisition ID: 2019-6588
External Company URL: https://www.alliancebernstein.com
Street: 1345 Avenue of the Americas