Job Description Summary

Job Description

Quant & Data Science Intern

Are you seeking a career in an inspiring, enthusiastic, international, entrepreneurial and agile environment? Want to work at one of the largest Dutch Financial Institutions? Want to be part of a global team that closely and respectfully works together and actively manages a portfolio of Alternative Fixed Income? Aegon AM should be your next employer!

Aegon Asset Management (Aegon AM) is a leading global investor. Our 385 investment professionals manage and advise on assets of US $337 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.

We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.

We are an international business: Our 1,160 employees work from 13 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

The job in a nutshell

The Alternative Fixed Income team focuses on investing in less traditional and illiquid assets within the Fixed Income universe, with the aim of achieving higher returns than are available in traditional Fixed Income markets. The team focuses on two key areas: ABS / Structured Finance and Private Debt / Direct Lending. The team manages a range of investment strategies across the rating spectrum, from AAA down to single-B. Examples include European/ US /Global ABS, residential mortgages, global Impact loans with Government guarantees, European/US private placements, Direct SME/Midcap lending, and global Insured Credit.

The 40+ investment team is based in Amsterdam and London, and manages about €84bln of assets via funds and segregated accounts, predominantly for external clients, such as pension funds, insurance companies, private banks and family offices around the world.

We are looking to extend the global team by a Quant & Data Science Intern who will be focusing on the quantitative aspects of the broad spectrum of the Alternative Fixed Income team. You will be closely working with the developers within the Quant team and the Portfolio Managers of the different sub-asset classes. You will learn about the tooling and models that we develop for the different investment strategies. Together with the team members, you will contribute to expanding the tools with additional features.

Some of the tools that we have developed as a team and what we are working on:

• Data retrieval using smart web scraping techniques based on AI to enhance credit and ESG analysis of illiquid private companies/investments.
• AI capabilities for portfolio management focused on unstructured data.
• Cash-flow analysis for structured finance (ABS, RMBS, CLOs).
• Valuation and pricing models for private debt.
• Various portfolio monitoring systems and universe scanners to understand our holdings in great depth and quickly find opportunities in the market.

You will be closely working with the other Quants and PMs to understand their needs and come up with innovative ideas and solutions that drive the team forward.

Company overview:

Aegon Asset Management (Aegon AM) is a leading global investor. Our 350 investment professionals manage and advise on assets of €325 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations. We organize our firm around four investment platforms: AAM Continental Europe, AAM UK, AAM US and Real Assets. The continental Europe business unit is split in three pillars: Alternative Fixed Income, Liquid Assets and Fiduciary Management. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas. We are an international business: Our 1,100 employees work from 13 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

This would be your future internship because you:

• Master student in Econometrics, Mathematics, Quantitative Finance, Data Science, or equivalent.
• Strong programming skills required in any language, but preferably in Python.
• Excellent numerical and analytical skills.
• Knowledge about AI and applications in investments.
• Passion for finance and investments.
• Proactive attitude and eagerness to improve yourself.
• Willing to learn on the job from more senior team members around you.
• Available 5-6 months per August/September (other start dates can be discussed).
• Full time (4 days in the week can be discussed).

Who will be your new colleagues?

The Alternative Fixed Income team is an enthusiastic, entrepreneurial and dynamic team. The team culture is very informal with regular team events and drinks. We are also well presented on our yearly skiing trip!

Together you’ll make sure to get the best return for our clients with a keen eye on Environmental, Social and Governance factors.

Nils Breeman, Noor Diepman, Qingzhi Hu, and Sebastiaan van Duinen are one of your colleagues. You will be closely working with them to further develop comprehensive systems for the broad Alternative Fixed Income team.

You will be located in Amsterdam Schiphol WTC.

What will you be getting?

• The Internship allowance is 650 EUR per month

• A personal laptop you can borrow during your internship

• Personal guidance

• It is required to be enrolled at a Dutch university to take part in this internship.

• Next to that you will need a Dutch BSN-number and Dutch bank account.

• If you are a non-EU/EER student, you will need a valid residence permit stating that you may work ('arbeid vrij toegestaan').

• Applications that do not fulfill these criteria cannot be taken into consideration.

Enthusiastic? Apply!

At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm – we are a people business, and we recognize that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.

#LI-DK1

#LI-Hybrid

Equal Opportunity Employer:

Aegon Asset Management aims to be an employer of choice in the financial services industry. As a global company, we offer excellent terms of employment, a very diverse and inspiring work environment, and development opportunities.