Internship - Investment Quant & Data Science

Posted:
10/28/2024, 5:00:00 PM

Location(s):
Den Haag, Zuid-Holland, Netherlands ⋅ Zuid-Holland, Netherlands

Experience Level(s):
Internship

Field(s):
Data & Analytics

Job Description Summary

Are you seeking a career in an inspiring, enthusiastic, international, entrepreneurial and agile environment? Want to work at one of the largest Dutch Financial Institutions? Want to be part of a global team that closely and respectfully works together and actively manages a portfolio of Alternative Fixed Income? Aegon AM should be your next employer!

Job Description



The job in a nutshell

The Alternative Fixed Income team focuses on investing in less traditional and/or illiquid assets within the Fixed Income universe, with the aim of achieving (much) higher returns than are available in traditional Fixed Income markets. The team focuses on two key areas: ABS / Structured Finance and Private Debt / Direct Lending. The team manages a range of investment strategies across the rating spectrum, from AAA down to single-B. Examples include European/ US /Global ABS, residential mortgages, global Impact loans with Government guarantees, European/US private placements., Direct SME/Midcap lending, global Trade Finance and global Insured Credit.  

The 40+ investment team is based in The Hague, London, Chicago, Baltimore and Cedar Rapids, and manages about €65bln of assets via funds and segregated accounts, predominantly for external clients, such as pension funds, insurance companies, private banks and family offices around the world.

We are looking to extent the global team by a Quant & Data Science Intern who will be focusing on the quantitative aspects of the broad spectrum of the Alternative Fixed Income team. You will be closely working with the developers within the Quant team and the Portfolio Managers of the different sub-asset classes. You will learn about the tooling and models that we develop for the different investment strategies. Together with the team members you will contribute to expand the tools with additional features.

Some of the tools that we have developed as a team and what we are working on:

  • Data retrieval using smart web scraping techniques based on AI to enhance credit and ESG analysis of illiquid private companies/investments.
  • AI capabilities for portfolio management focused on unstructured data.
  • Cash-flow analysis for structured finance (ABS, RMBS, CLOs).
  • Valuation and pricing models for private debt.
  • Various portfolio monitoring systems and universe scanners to understand our holdings in great depth and quickly find opportunities in the market.

You will be closely working with the other Quants and PMs to understand their needs and come up with innovative ideas and solutions that drive the team forward.

Company Overview:

Aegon Asset Management (Aegon AM) is a leading global investor. Our 385 investment professionals manage and advise on assets of US $341 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations. We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas. We are an international business: Our 1,160 employees work from 13 locations across Europe, the Americas and Asia.

Aegon AM NextGen

Our Aegon AM NextGen internship program provides you with the opportunity to work alongside experienced investment management professionals, immersing you in different areas of the business to develop the skills and knowledge necessary to become the next generation of leaders and specialists. We will provide you with the autonomy to make decisions and drive our client’s success. From a global onboarding and mentoring opportunities to our unlimited training platform and internal Talent Marketplace, you’ll find pathways to grow. Our exclusive network event will connect you with industry experts, senior leaders, and fellow interns, fostering meaningful relationships. Join us and take the first step towards a promising career in asset management.

This would be your future internship because you:

  • Master student in Econometrics, Mathematics, Quantitative Finance, Data Science, or equivalent.
  • Available per February, full time (part time can be discussed).Strong programming skills required in any language, but preferably in Python.
  • Excellent numerical and analytical skills.
  • Knowledge about AI and applications in investments.
  • Passion for finance and investments.
  • Proactive attitude and eagerness to improve yourself.
  • Willing to learn on the job from more senior team members around you.

Who will be your new colleagues?

The Alternative Fixed Income team is an enthusiastic, entrepreneurial and dynamic team. The team culture is very informal with monthly drinks and regular team events. We are also well presented in our yearly skiing trip! Together you’ll make sure to get the best return for our clients with a keen eye on Environmental, Social and Governance factors.

Nils Breeman, Noor Diepman, and Qingzhi Hu are some of your colleagues. You will be closely working with them to further develop comprehensive systems for the broad Alternative Fixed Income team.

You will be located in Den Haag.

Important note:
It is required to be enrolled at a university to take part in this internship. Next to that you will need a Dutch BSN-number and Dutch bank account. If you are a non-EU/EER student, you will need a valid residence permit stating that you may work ('arbeid vrij toegestaan'). Applications that do not fulfill these criteria cannot be taken into consideration.


 

What will you be getting?

  • An internship allowance of €650 a month based on 40 hours a week.
  • A personal laptop you can borrow during your internship.
  • Personal guidance.
  • Part of Aegon AM NextGen and getting a variety of development opportunities and building your network.

Enthusiastic? Apply!

At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm – we are a people business, and we recognize that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.

Do you have what it takes to become our intern at Aegon Asset Management? Then we look forward to receiving your application and CV via this webpage.

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Equal Opportunity Employer:

Aegon Asset Management aims to be an employer of choice in the financial services industry. As a global company, we offer excellent terms of employment, a very diverse and inspiring work environment, and development opportunities.