Summer Internship - Asset Allocation Job Details
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Show me jobs like this one| Employer: | AllianceBernstein | Job Ref No: | 47005042 | Job Title: | Summer Internship - Asset Allocation | Sector: | Capital Markets | Risk Type: | Other | Expertise: | Risk Manager | AllianceBernstein Asset Allocation (ABAA) manages strategic and dynamic asset allocation services, with the goal of identifying and delivering better investment solutions for investors of all types. The group develops groundbreaking theoretical frameworks and investment products in the Asset Allocation field. Asset allocation is central to defined benefit plans’ strategies to become fully funded while managing their path to wind-down. It is also key to the growing demand for defined contributions plans to provide target-date funds and guaranteed income services. And it is vital to individual investors’ need to manage volatility and downside risk while maintaining their ability to build wealth over the long term. AllianceBernstein has been at the forefront of developing solutions to these challenges, and ABAA oversees a range of services that are experiencing strong growth and have great potential for further breakthroughs. These include Dynamic Asset Allocation, Real Asset Strategies, Target Date Glide Path Strategies, Custom Indexing Strategies, and Discretionary Managed Portfolios for Private Clients. 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. You will perform quantitative research across a wide array of asset classes which may include: equities, bonds, currencies, commodities and derivatives. This research may entail: analyzing factors that drive the capital markets, building models that predict asset prices, generating optimal portfolios and performing Monte Carlo simulations. Working with financial data is a key part of the research process. Candidates should be top academic performers, be interested in the investment management industry and meet the following criteria: • May 2013 Bachelor’s degree candidates in math, computer science, physics, chemistry, engineering or mathematical economics • Knowledge of statistics/probability • Strong programming abilities with knowledge of MATLAB and/or SAS • Knowledge of MS Excel • Strong interest in finance and economics • Cumulative GPA of 3.3 or better • Candidates must be able to work in the U.S. without visa sponsorship (now or in the future) • Strong quantitative, analytical, and communication skills • Detail-oriented, ability to multitask and work in a fast-paced environment • Ability to work independently while also being a strong team player • Candidates must be available to work full-time (Monday – Friday, 8:30 am – 5:30 pm) from June through August, 2012. • It is not permissible to simultaneously take academic classes or hold other employment that will conflict with the internship schedule. | Region/Country: | Americas, United States | States/Counties: | New York | Address: | Post Date: | 02/08/2012 |
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