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Public Finance Intern - Summer 2024

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Banking & Finance
  • New York City

Requirements

  • Proficiency in Excel, Bloomberg and PowerPoint
  • Preferred knowledge of VBA
  • Ability to work on a small team and manage multiple responsibilities
  • Strong willingness to learn new skills
  • Basic knowledge of fixed income or capital markets preferred
  • Minimum 3.0 GPA
  • While any discipline will be considered, candidates studying finance, economics, mathematics, accounting, information technology or similar subjects will be prioritized

Responsibilities

  • Collaborate with third-party data vendors to request processing of new business deals received by procurement and input them into underwriting software packages
  • Monitor & analyze information from data vendors
  • Conduct ad-hoc data analysis and modeling to support underwriters
  • Interact with underwriters on flow business deals and prepare deals prior to them being underwritten, managing deal flow and forward calendar
  • Assist the procurement team and process flow business in an efficient and timely manner
  • Support Product Development team to improve business processes to increase team efficiency

Protecting investors and lowering issuers' borrowing costs for more than three decades

Finance
Industry
201-500
Employees
1985
Founded Year

Mission & Purpose

Assured Guaranty is the leading provider of financial guaranty insurance. We guarantee timely payment of scheduled principal and interest when due on municipal, public infrastructure and structured financings. Issuers use our financial guarantees to lower their cost of funds, broaden distribution and diversify funding sources. For more than three decades, our insurance subsidiaries have helped to lower the cost of borrowing for municipalities and other issuers across the United States by guaranteeing a wide range of tax-exempt and taxable, investment-grade, municipal bonds that are supported by either tax revenues or revenues from essential public projects or services. From schools to clean water, from transportation projects to hospitals and more, we help municipalities build sustainable public infrastructure and better serve their residents, including their underserved and at-risk communities. We are also active in the United Kingdom, Europe, Australia and other developed countries, where we guarantee public-private partnership, local authority and regulated utility financings. In structured finance, globally, we guarantee asset securitizations and craft custom applications of our guarantees to assist our institutional clients in managing their portfolio risk and capital. For investors, our value proposition includes not only the security of our unconditional, irrevocable guaranty but also our experienced credit selection, underwriting and surveillance. Our business model has proven its resilience through multiple business cycles, and we have demonstrated our commitment to maintaining the financial strength to protect our policyholders for the life of their insured investments. In addition, our subsidiary Assured Investment Management LLC provides alternative investment management and advisory services to institutional and other qualified investors through our investment arm and offers a variety of credit-focused strategies and structured finance solutions.