2025 Summer Graduate School Internship - Investment Technology

Income Research + Management – Graudate Student Summer Internship 2025

 

Income Research + Management is a Boston-based, privately owned, fixed income asset management firm.  IR+M delivers strong performance and consistent results through a rigorous, bottom-up security selection process and strives to provide best-in-class client service to our 700+ institutional and private wealth clients.  

 

Founded in 1987 and located in the heart of Boston’s financial district, IR+M employs 200+ full time professionals and currently manages $105+ Billion in assets. We offer industry-leading benefits, as well as a challenging, collegial, and rewarding workplace with high levels of employee engagement.

 

IR+M will be offering a formal summer internship program starting in June of 2025. The Internship Program will allow talent to join and gain exposure to various teams across the organization to develop and construct meaningful, project-based work that will provide interns real world working experience and exposure to senior management. The intention is to introduce them to our firm and allow us to assess their candidacy as future permanent employees.

 

Specifics of the summer program will include, but are not limited to:

 

·       Orientation, Intro to IR+M, and Bonds 101

·       Exposure to Senior Management and colleague connections

·       The program will consist of a mix of collaborative, project-based work, independent research assignments, and day to day tasks

·       Interns will participate in volunteer events, our annual Gives Back Week, and external social events

·       The program will end with an assessment providing constructive feedback to the intern

 

Job Description:

 

Income Research + Management seeks an enthusiastic, team-oriented individual to join the Investment Technology team. They will work on highly engaging projects with Software Engineers, Business Analysts, Portfolio Managers, Traders, and Portfolio Analysts. They’ll need technical and finance knowledge to help us solve challenges relating to portfolio optimization and construction, risk monitoring, and trade generation.  The role requires an understanding of fixed income markets, bond analytics, and portfolio construction. The successful candidate will be a results-oriented self-starter with an eye toward detail. This highly visible role will report directly to the Head of Investment Technology.

 

Summary of essential job functions

·       Assist in development of portfolio construction models in conjunction with the Investment Team.

·       Build data acquisition and transformation pipelines to be used as source data for the models.

·       Work both under the guidance of Architects and with teams on projects that aim to move the firm forward.

·       Drive the firm’s data science platform and user group forward.

·       Documentation of required project artifacts.

·       Participate in project responsibilities, such as design review, process analysis, gap analysis, functional design, unit testing, and execution.

Requirements

·       Understanding of fixed income instruments and mechanics, portfolio construction methodologies, and the workflow of investment functions.

·       Experience using Python and related data science packages.

·       Experience assembling data and storing in relational data stores.

·       Experience using statistical model concepts to forecast outcomes and extract insights.

·       Exceptional communication skills, verbal and written, to explain findings and seek feedback.

·       Results oriented – strives to achieve elevated levels of individual and organizational performance.

·       Must be a self-starter, self-motivated, with solid soft skills, able to work independently and understand when to ask for help

·       Solid analytical capabilities, strong problem solving, and documentation skills.

·       Ability to organize, work on, and manage multiple priorities, understanding the strategy and lean towards delivery.

·       Preference for students who have completed/ plan to complete their Bachelor’s degree or work equivalent.

·       Previous work experience in a corporate setting is a plus.

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Last updated on Oct 30, 2024