6-12 Month Internships - January 2018 Start - Asset Management

  • Competitive
  • Londres, Angleterre, Royaume-Uni
  • Stage, Plein-temps
  • ICG
  • 11 oct. 17 2017-10-11

ICG is a specialist asset manager with over 28 years' history in private debt, credit and equity. For more information please click apply

The aim of the ICG Internship programme is to provide valuable work experience for bright and capable graduates in a busy, fast-paced environment. It is targeted at those who may have little to no relevant work experience (3 months or less) to help get them ready to move into permanent employment.

We are recruiting 8 Interns to join ICG in January 2018 for 12 months.
 

Duties and Responsibilities:

The internships are in various areas of the business:

Application Development​

The Intern will play a full part in the development team as an application programmer, helping to design and build line-of-business applications to help the business grow and manage its investment assets.

ICG buys, rents systems from 3rd parties, but also write bespoke software and applications, data-integration and report-writing tools that automate specific bespoke business processes.  The internship would involve working on one or more of these systems as part of a wider team and they should expect their designs, solutions and code to be deployed to our production systems for real-world use within weeks of joining the team.

 

Private Equity Funds Investment

The Intern will become a key member of the Investment team with a primary focus on providing analytical support in relation to the monitoring and analysis of ICG Enterprise Trust’s existing portfolio (around 60 funds comprising more than 400 underlying companies).

The Intern will gain practical work experience through assisting the team with daily tasks including:

 

  • assisting with the maintenance of the new investment pipeline database as well as the analysis of new fund investment opportunities, particularly in relation to historical performance;
  • contributing to the preparation of quarterly papers to the non-executive board of ICGT regarding portfolio performance and investment activity;
  • helping to improve the efficiency of the portfolio monitoring process by streamlining and automating certain tasks; and
  • providing analytical input into a variety of ad hoc projects including strategy reviews, investor presentations and market research.

 

Alternative Credit

The Intern will become a key member of the Alternative Credit team, based within the larger Credit Fund Management team.The alternative credit team is responsible for investing in structured credit, asset backed securities and related markets. The Intern will develop their understanding of the financial markets, with a particular understanding of the fixed income capital markets and structured credit investments.

The Intern will gain practical work experience through assisting the team with daily tasks including:

  • Organising, analysing and manipulating data for investment analysis purposes;
  • Observing and interpreting market trading activity;
  • Documenting analysis in documents and spreadsheets;
  • Improving efficiency of the investment process by automating certain tasks;
  • Other ad hoc projects

Credit Analysis

The Intern will become a key member of the Credit Fund Management team. The Intern will become a key member of the CFM Liquid Products Investment team with a primary focus on providing trading and analytical support in relation to the monitoring and analysis of the portfolio of over 200 individual credit investments. Globally the CFM business manages €6.6bn of assets focusing on liquid sub-investment grade credit – primarily loans and high yield bonds.

They will have the opportunity to observe and participate in the life cycle of individual deals alongside experienced credit analysts, including from deal launch, through the investment process, funding and subsequent monitoring and trading with a focus on the sub-investment grade loan and bond markets.

The Intern will gain practical work experience through assisting the team with daily tasks including:

  • Improving efficiency of the investment and trading process by undertaking or automating certain tasks;
  • Organising, analysing and manipulating data for portfolio and credit analysis purposes, and documenting that analysis;
  • Other ad hoc projects.

Compliance

The Intern will become a key member of the Risk team that covers Compliance, Legal, Risk and Internal Audit. ICG’s combined Risk function has responsibility for supporting the Board in delivering on its responsibility for risk management across the entire spectrum of ICG’S activities. Specifically,  the team provides advice, support and independent challenge to help ICG ensure it manages its key risks, remains compliant with relevant laws and regulation and has effective internal controls in place. 

The internship is expected to provide, but is not limited to:

  • A broad understanding of the alternative asset management industry;
  • An appreciation of the architecture of a control environment in a regulated industry;
  • Strong foundation and understanding of the current /future regulatory/legislative environment within the Financial Services Industry;
  • An understanding of the corporate legal function within a public company;
  • Experience of information flow and management information; and
  • A good understanding of risk management and internal control.

Real Estate

The Intern will become a key member of the Portfolio Monitoring Team. ICG-Longbow is the real estate investment business of ICG plc.  It has grown from £50m to £3bn of assets under management in the past 5 years. 

The Intern will gain practical work experience through assisting the team with daily tasks including:

  • Organising, analysing and manipulating data for investment monitoring purposes
  • Researching data to enable more accurate / better considered evaluation of investment performance and risk
  • Documenting analysis
  • Reviewing and analysing borrower requests in relation to property management (e.g. lease renewals, capital expenditure) and variation to loan terms.
  • Preparation of materials and reports for ICG-Longbow’s Asset Management Committee and Investors
  • Attending borrower meetings and producing action plans / meeting notes

Fund Marketing Analyst​

The Intern will become a key member of the Marketing and Client Relations (MCR) team. The MCR team has responsibility for raising new ICG funds and maintaining relationships with existing investors.  The Intern will support the Client Relations team in developing Fund marketing materials and providing quantitative and qualitative analysis for investors.

The internship is expected to provide, but is not limited to:

  • Assisting in the preparation of marketing materials and presentations for new and existing funds based on analysis performed and with the input of other team members
  • Providing analysis in response to specific market and performance queries from potential and existing investors
  • Creating analysis of current ICG funds’ performance, including comparison with market benchmarks, and communication of findings both orally and in written marketing materials
  • Regular interaction with members of the MCR, investment and administration teams, to ensure effective sharing of information between team

Profile:

  • Educated to degree level and minimum of 2:1 (Hons) or equivalent
  • Full time work authorisation for the UK
  • Demonstrated interest in a career in Financial Services
  • Strong Microsoft Office skills
  • Capacity to learn quickly

- For further information relating to each role and to apply, please click apply

- Upload your CV and cover letter outlining your motivation for the internship

- Deadline 22 October 2017