Aegon AM Full Time Internships – Real Assets (Jan. 2025 - Aug. 2025)

Posted:
8/19/2024, 5:00:00 PM

Location(s):
Iowa, United States ⋅ Illinois, United States ⋅ Cedar Rapids, Iowa, United States ⋅ Chicago, Illinois, United States

Experience Level(s):
Internship

Field(s):
Finance & Banking

Job Description Summary

Company Overview:

Aegon Asset Management is leading global investor. Our 385 investment professionals manage and advise on assets of US $337 billion for a global client-base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.

We organize our investment capabilities around four focused platforms: fixed income, real assets, equities, and multi-asset & solutions. Each platform has dedicated teams with deep asset-class expertise, organized globally and committed to improving client benefit from their specialist areas.

We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a dedication to responsible investment.

We are an international business: Our 1,150 employees work from 13 locations across Europe, the Americas and Asia.

Position Overview:

We are hiring six students for this internship. Three (3) interns will work in the Real Assets Debt group and three (3) will work in the Real Assets Equity group. The internships require a 40-hour work week and a reduced course load. The internship will begin in January 2025 and end in August 2025.

PLEASE NOTE: Those who have completed their undergraduate college education, or who will graduate prior to the conclusion of the internship, are ineligible for the internships.

Job Description

Responsibilities:

REAL ASSETS  DEBT

The Intern will assist Loan Officers in the CML production department with the deployment of approximately $2 billion of capital into commercial real estate loans across the country. Tasks include valuation of commercial properties using a discounted cash flow analysis, market analysis, preparation of loan applications, and preparation of materials for loan committee presentations. Committee presentations include the identification of property and market risks and their mitigating factors, a summary of loan terms, location analysis, demographic information, photos, and aerials. Interns are also asked to participate in meetings and conference calls to communicate loan terms, negotiate applications, discuss market and borrower topics, and to observe Loan Committee presentations.

The Intern will assist Debt Asset Managers in the Real Assets Asset Management department in all facets of activities associated with special borrower requests and troubled loans. Tasks include the development of servicing action memos, lease reviews, development and implementation of loan workout strategies, discounted cash flow analysis, and numerous other activities necessary to properly manage a loan asset throughout its life cycle. In addition, they will assist in maintaining current information on loan management system and assist with the processing of annual property inspection reports, assist tax analysts by pulling tax bills for portfolio loans and assist valuation analysts in pulling and tracking borrower and property data.

REAL ASSETS EQUITY

Support Asset Managers, Portfolio Managers, and Real Estate Analysts in managing a $4.5 billion low-income housing portfolio with projects located across the country. Tasks include analyzing and reviewing quarterly and annual financial statements, reviewing partnership and loan documents, consolidating data on new investments, preparing site inspection forms, and participating in discussions with developer partners on construction, leasing, and/or operational performance. Additional responsibilities include assisting the portfolio management team with investor due diligence and general portfolio management, supporting the reporting team by ensuring the accuracy of data in management systems and producing investor reporting, and participating in meetings to review investment opportunities, discuss approaches to manage risk, and develop strategies to manage investments.

Required Qualifications:

  • Must be currently enrolled full-time at a college or university pursuing a degree in Real Estate, Finance, Economics, Accounting, or similar field
  • Internships are not available for students who have completed their undergraduate college education or who will graduate prior to the conclusion of the internship
  • Strong written & verbal communications skills
  • Ability to work independently and as part of a team
  • Detail-oriented
  • Reliable, dependable
  • Working knowledge of Microsoft Word, PowerPoint, Excel

Job and compensation levels depend upon an applicant’s qualifications including the extent of his/her relevant experience and other job related factors and will be determined by hiring supervisors/managers and HR.

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 harnessing 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.

We are open to considering flexible working practices. Please talk to us about what this means for you.

#LI-Hybrid

Why Work for Us

At Aegon Asset Management, we invest in You.

Our people are our greatest asset; with a competitive rewards program including incentive compensation, health and wellness benefits, retirement programs, and learning and development opportunities, our employees are engaged and empowered.  Come be a part of driving our success!

Equal Opportunity Employer:

AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Aegon Companies. Please contact: [email protected] if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.


Technical Assistance:

If you experience technical problems during the application process, please email [email protected].