Investments Summer Intern

Describe the role:

AllianceBernstein's investment teams include Equities, Fixed Income, Multi-Asset & Hedge Fund Solutions and Responsible Investing and in total manage over $785 billion in assets:

• Equities – Investment professionals manage 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. Manages assets for a wide variety of institutional, high-net-worth and retail clients.

• Fixed Income – Investment strategies are managed across a diverse risk/return spectrum, encompassing areas such as interest rates and currencies, investment-grade and highyield credit, emerging markets, securitized debt, and municipal bonds. Manages assets for a broad spectrum of clients, including major institutions, retail investors, and high-net-worth clients.

• Multi-Asset & Hedge Fund Solutions – 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. Manages assets for global institutions, high-net-worth individuals, and retail mutual funds.

• Responsible Investing - Sets the strategy for responsible investment across the firm, and partners with our investment teams in Equities, Fixed Income, Private Alternatives, MultiAsset 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 Internship Program places interns within one asset class (e.g., Equities, Fixed Income or Multi-Asset Solutions) for the period of internship 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, company need and location specific opportunities. 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)

At the end of the internship, 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:

• Candidates with evidence of a passion for investing

• Strong intellectual curiosity and an openness to learning about various asset classes and investment roles and responsibilities.

• Strong quantitative, critical thinking and communication skills

• Meticulous, ability to multi-task and work in a fast-paced team environment.

• Strong proficiency in MS Office Suite – PowerPoint, Excel

• 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.

Who We Are:

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

How We Invest in You:

AB's purpose is to pursue insight that unlocks opportunity. It is why we exist and what we work at every day. Our shared values define how we work. They are a foundation of our culture, which empowers all of us to be our complete selves – and contribute our distinctive talents. We invest in one another, strive for distinctive knowledge, speak with courage and conviction, and act with integrity – Always We recognize the value of investing in one another, fostering growth and advancement while meeting evolving individual needs. That is why we've crafted a comprehensive internship program that includes, but is not limited to, the below opportunities:

• Introduction to Capital Markets

• Communications training (oral & written)

• Exposure to AllianceBernstein's various asset classes and investment teams

• Mentoring Program

• Investment Case studies

• Diversity, Equity & Inclusion programming

• Networking opportunities

• Career Development sessions

• Social outings with your intern class

PEOPLE OF COLOR, WOMEN, AND THOSE WHO IDENTIFY AS LGBTQ PEOPLE 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, AS WELL AS PRACTICES, SEEK TO ENSURE THAT EMPLOYMENT OPPORTUNITIES ARE AVAILABLE TO ALL EMPLOYEES AND APPLICANTS, BASED SOLELY ON JOB-RELATED CRITERIA