MBA Fixed Income Investment Analyst Summer Associate (US)
About the role
Capital Group seeks bright, highly motivated and self-directed individuals for Fixed Income Investment Analyst internship opportunities in Los Angeles. As a summer associate, you will conduct fundamental research on issuers in a segment of the bond market and research related fixed-income securities, with the objective of presenting an investment thesis and recommendation to an audience of portfolio managers and analysts. Your analysis will incorporate a blend of macro (political, economic, sector/industry) and micro (issuer-specific financial, legal/structural, security-specific) considerations, which you will synthesize with bond valuations. You will be guided in your work by an investment analyst, although you will be largely self-directed in your approach and conclusions. Throughout the summer, you will learn more about investment management and have access to the industry’s most respected investment professionals. Your internship with Capital will provide you with hands-on experience similar to that of a full-time analyst.
Investment areas
- Sovereign / Emerging Markets
- Structured Investments (RMBS, CMBS, ABS)
- Corporate / Credit
- Municipal / Tax-Exempt
Responsibilities
- Conduct fundamental research on issuers in an assigned bond market segment
- Research related fixed-income securities
- Synthesize macro (political, economic, sector/industry) and micro (issuer-specific financial, legal/structural, security-specific) considerations with bond valuations
- Develop and present an investment thesis and recommendation to portfolio managers and analysts
- Work largely self-directed in approach and conclusions, with guidance from an investment analyst
Qualifications
- MBA degree candidate with a graduation date of December 2027 or May/June 2028 from an accredited university or business school
- Demonstrated academic achievement
- Ability to direct independent work effort in a cooperative environment
- Grasp of macro and micro economics and a curiosity about the bond market
- Healthy appetite for research, writing, and business travel
- Excellent communications skills, both written and verbal
Compensation
- Monthly base: $13,000
- Monthly stipend: $4,500
Benefits
- Generous time-away and health benefits from day one
- Flexible work options
- 2-for-1 matching gifts for charitable contributions
- Opportunity to secure annual grants for nonprofit organizations
- On-demand professional development resources
Application deadlines
- Students currently enrolled at schools where Capital Group has an on-campus recruiting presence: apply by your school-specific deadline
- All other candidates: apply by December 1