AllianceBernstein's investment teams include Equities, Fixed Income, Multi-Asset & Hedge Fund Solutions, Responsible Investing, and Private Alternatives in total manage over 759 billion in assets:
Equities – Manages assets for a wide variety of institutional, high-net-worth and retail clients. Investment professionals' mange portfolios of equities ranging from small cap to mega cap stocks, spanning the style spectrum from value to core to growth, covering all geographies and including specialized portfolios such as thematic, low-volatility and quantitative strategies.
Fixed Income – Manages assets for a broad spectrum of clients, including retail investors, high-net-worth clients and major institutions. Investment strategies are managed across the risk/return spectrum, including rates & currencies, investment-grade and high-yield credit, emerging markets, securitized debt, and municipal bonds.
Multi-Asset & Hedge Fund Solutions – Manages assets for global institutions, high-net-worth individuals and retail mutual funds. Macro and quantitative research insights are used to develop innovative investment products and drive investment decisions. The business oversees a range of investment services including Thematic Outcome Oriented Solutions, Alternatives, Total Return, Risk Managed Strategies, Retirement, and Systematic Strategies.
Responsible Investing - Sets the strategy for responsible investment across the firm, and partners with our investment teams in Equities, Fixed Income, Private Alternatives, Multi-Asset and Hedge Funds to integrate ESG criteria into our investment processes, our approach encompasses partnership (most notably our partnership with Columbia University's Climate School), education, research, stewardship and solutions.
What You'll Do
The Investments Summer Internship Program places interns within one asset class (e.g., Equities, Fixed Income or Multi-Asset Solutions) while providing them with exposure across all investment businesses, including Responsible Investing. Through the Internship Program, interns will gain a greater appreciation of the overall investment process and different types of roles including fundamental and quantitative research, trading, portfolio management as well as data science and technology innovation. Specific asset class placement and role will be determined through a combination of intern interest and skillset, company need and location specific opportunities.
Summer Interns contribute to and learn from AB's innovative use of technology, deep research capabilities, global presence and breadth of investment management expertise. The flat corporate structure allows Interns to become deeply integrated into the team and contribute meaningfully to investment decision-making early on in their careers.
Examples of previous intern projects include:
Forecasting the growth of cloud infrastructure, platform and software spending over the next 10 years (Equities)
Analyzing business models for companies in the electric vehicle charging sector (Equities)
Using fundamental analysis to underwrite the credit quality of a business and provide a relative value recommendation to portfolio managers (Fixed Income)
Building a factor model with Python to predict short-term USD/JPY returns which aided the Derivatives trading team in investment decision making (Fixed Income)
Research efficacy of various financial ratios as trading signals, using statistical techniques and a proprietary simulation engine (Multi-Asset & Hedge Fund Solutions)
Design a portfolio construction framework that incorporates market betas, factors and alphas to build and test strategic asset allocations (Multi-Asset & Hedge Fund Solutions)
Used AI to transform hard-to-access ESG information from company reports into actionable insights, helping investment teams strengthen portfolio decisions with more robust sustainability data. (Responsible Investing)
At the end of the summer, interns will present on their projects and lessons learned to Investments senior management. Successful interns will be invited to join the Investments Rotational Associate Program upon their graduation.
What We're Looking For
December 2027 through May/June 2028 bachelor's degree candidates with evidence of a passion for investing
Cumulative GPA of 3.5 or higher
Strong intellectual curiosity and an openness to learning about various asset classes and investment roles and responsibilities
Strong quantitative, critical thinking and communication skills
Detail-oriented, ability to multi-task and work in a fast-paced team environment
Interest in using data and technology to support investment research and decision-making.
Experience with—or a demonstrated interest in developing—technical skills such as Python, MATLAB, SQL, data visualization, or applied AI tools is valued.
Strong proficiency in MS Office Suite – PowerPoint, Excel
Must be a U.S. Citizen or Permanent Resident (must be able to work in the U.S. without visa sponsorship now or in the future)
Candidates must be able to work full-time, in-person, from June through August
Selected candidates will need to successfully complete a thorough background check
It is not permissible to simultaneously take academic classes or hold other employment that will conflict with the internship schedule.
Technical experience is not required for every internship placement. However, candidates should be comfortable working with data and demonstrate an interest in developing the analytical and technological capabilities increasingly used across the investment industry.
About AB
We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.
Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!
All are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB's policies and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.
In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows:
Base Salary Range: $105,000.00 to $105,000.00
Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition, AB provides a variety of benefits to eligible employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off
New York, New York
From AllianceBernstein's public posting, laid out for reading by newgrad.ai with the wording unchanged. Check the original before you apply.
