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Quantitative Analyst Intern (Summer 2024)

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Neuberger Berman

Oct 18, 2023

Applications are closed

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

Requirements

  • Qualifications:
  • Master’s degree candidate in Financial Mathematics or related quantitative field or foreign equivalent.
  • Expected graduates in December 2024 or Spring 2025 only.
  • Strong statistical, econometrics and applied mathematics grounding.
  • Knowledge in fixed income and equity markets.
  • Passion for investing.
  • Experience developing quantitative models to evaluate the expected return and risk associated with portfolio management decisions is a plus.
  • Programming experience required; specific experience in Python, R, and SQL preferred.
  • Excellent verbal and written communication skills.

Responsibilities

  • Conduct generalist quantitative research using demonstrable market knowledge and intuition across multiple asset classes, including fixed income and equity markets globally, as well as alternative asset classes. Research will be academic and buy-side oriented.
  • Solve real world portfolio management problems in a largely autonomous fashion while collaborating with team members.
  • Translate academic and/or buy-side research into theses that are implementable and actionable.
  • Conduct statistical analysis and develop sophisticated quantitative financial models used for asset allocation and security selection.
  • Perform portfolio optimization, performance and attribution analysis, and portfolio risk (coherent measures) analysis.
  • Build financial models to perform back tests on asset allocation and security selection strategies.
  • Stay connected and current with academic finance research and developments and present findings to team members.
  • Prepare materials for presentations.
  • Help on daily portfolio management tasks in the areas of cash management, risk reporting and performance attribution.

Founded in 1939 to do one thing: deliver compelling investment results for our clients over the long term.

Venture Capital & Private Equity
Industry
1001-5000
Employees
1939
Founded Year

Mission & Purpose

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,400 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes.

Culture & Values

  • Earning Trust

    Neuberger Berman is one of the world's leading employee majority-controlled investment firms, over 2,300 employees in 35 cities worldwide. Over the past seven decades, we have earned our clients' trust because clients come first and we always, put their interests ahead of our own. Our partnership culture is the source of our most distinctive strength — our people, who thrive in an environment of professional and personal respect, rigorous analysis and challenging dialogue. With a singular focus on delivering superior, long-term performance, we are passionate, independent investors, unified by our commitment to fundamental research and the constant pursuit of investment insight. Risk management and an exceptional client experience are everyone's responsibility at Neuberger Berman.

  • Rich Tradition

    Neuberger Berman’s commitment to investment management has deep roots. In 1939, renowned investor Roy Neuberger founded the firm to manage money for individuals and families. The firm thrived and grew, earning a reputation for excellent performance and integrity. In 1950, Neuberger Berman became one of the first firms to offer a no-load mutual fund to individual investors, and that mutual fund family grew alongside the private client business. In 1971, the firm launched a portfolio for institutions, marking its formal entry into the institutional investment management business. Today, we continue to serve a broad range of investors across traditional equity, fixed income and alternative asset classes, while offering portfolio advice and wealth planning services. Since our first application of “avoidance screens” in the 1940s to the launch of our Socially Responsive Investment team in 1989, Neuberger Berman has been on the forefront of integrating environmental, social and governance (ESG) criteria into the investment process, which we continue to this day.

  • Distinctive Mindset

    We have operated successfully through many investment and economic cycles, which has helped strengthen and define us as a firm. Today, we are best described as a collective of independent, entrepreneurial-minded investment teams and support groups who are motivated to do well for clients in their respective areas of expertise. This sense of teamwork, accountability and client-focus is shared across our entire organization. We hire and retain employees based on merit, attracting talent with the dedication and creativity needed to foster diverse perspectives and a passion for investing.

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