Fixed Income ETF Summer Intern - Graduate Students

Position: Fixed Income ETF Summer Intern

Legal Entity: Van Eck Securities Corporation

Business Unit(s): US ETF

Location: New York, NY

Department: Investment Management – Fixed Income

Reporting to: Head of Fixed Income ETF Portfolio Management

FLSA Status (US Staff only): Non-Exempt Full Time Summer

VanEck is a privately held global asset management firm founded in 1955. We develop forward-looking, intelligently designed, active and ETF strategies that strengthen long-term portfolios. We will provide qualified individuals with outstanding education and growth opportunities. If you are a high-energy individual with a strong work ethic, excellent team skills, and outstanding communication skills, we would like to speak with you.

VanEck’s Summer Intern Program includes exposure across the firm through educational, mentorship, and networking events. As an Intern, you will also be exposed to the firm’s senior management, gain an understanding of the financial services industry and learn critical business skills. Our internship program will build more than just your resume — it will challenge your knowledge, build your network and drive your career path. Our program spans 10 weeks and typically runs from June 2 – August 8. If you are looking to gain valuable hands-on experience while working with talented individuals, apply now!

The Fixed Income ETF Portfolio Management group is a team of seven people, all based in New York. The team’s primary responsibility is the management of 21 bond funds designed to track indexes across a wide range of bond asset classes, including investment grade and high yield corporates, emerging markets and municipals.  Team responsibilities include portfolio and credit analysis, trading and liquidity management, product development and content generation. The group works closely with sales, marketing, capital markets and firm management. 

This position is made available to help students nearing completion of a master’s program to apply their quantitative skills in a dynamic work environment. 

Essential Duties and Responsibilities:

Includes the following, other duties may be assigned as needed:

• Assess the appropriateness of portfolio optimization models and their limitations for trading and risk management
• Responsible for the development, preparation, analysis and review of standard and ad hoc portfolio and investment reports
• Analysis of fixed income markets, ETF trading baskets, securities and indexes
• Develop back testing algorithms for quantitative research projects

Qualifications  

• Interest in fixed-income and derivative markets
• Strong academic background in quantitative finance
• Strong communication skills: ability to express ideas clearly both orally and in writing
• Proficiency in Excel is required. 
• Programming skills (SQL, VBA, experience with Python, R) highly preferred
• Some experience with LLMs and/or MLMs a plus 
• Roll up your sleeve work ethic. 
• Highly motivated, entrepreneurial, detail oriented and inquisitive 

Education and/or Experience                                                   

• Pursuing a Master’s degree in quantitative finance
• Some experience within a corporate environment is helpful but not required.

Competencies                                                                 

To perform successfully and gain the most from this internship, an individual should demonstrate the following competencies:

• Professional demeanor 
• Capacity for learning new procedures/ideas
• Motivation
• Enthusiasm

Language Skills                                                               

• Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.

Compensation:

• The maximum hourly rate for this position is $32 an hour.

VanEck is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. VanEck does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered-veteran or military status, genetic information, and/or any other factor protected by law.

In order to be considered for this position, please submit resume with the subject line ‘Fixed Income ETF Summer Intern Graduate’ to internships@vaneck.com.