Investment Risk Internship London 2022

The main role of the Global Risk Management (GRM) department is to provide AXA IM's General Management with an independent view of the company's risks across all investment platforms and entities and to support risk mitigation efforts.

About the role

Within GRM, the main roles of the UK Investment Risk Analysis team are:

• To provide an independent identification, monitoring, analysis and communication of Investment Risks (Market Risk, Credit and Counterparty Risk, Liquidity Risk, Performance Risk) for investment activities based in the UK (Fixed Income, Equity, Balanced Funds, Securities Financing, Fund of Hedge Funds), as per regulation and AXA IM’s internal standards
• To support Investment Risk transversal streams (Liquidity Risk, Counterparty Risk…) according to IRAS organisation
• To support other Global Risk Management (GRM) teams for their risk analyses when needed

Main responsibilities

The internship holder will collaborate with UK Investment Risk Analysts and the Head of Investment Risk Analysis UK across two main dimensions:

Regular reporting/oversight (50%)

• Run regular monitorings carried out by the team, analyse exceptions and escalate issues to investment teams and/or to management as needed.
• Prepare monthly summaries of investment risk overview covering various UK investment platforms.
• Participate to regular and ad hoc tasks on the Pricing and Valuation risk stream.
• Provide analytical support to the SERMs (Senior Expertise Risk Managers) and UK CRO (Chief Risk Officer) where required.
• Provide support to wider IRAS and GRM teams.

Project work/transformation initiatives (50%)

• Contribute to the enhancement of monitorings and reportings, in terms of quality, depth, efficiency of production, etc.
• More particularly in 2022-23, this activity is expected, primarily via Python-based routes, to build processes which transform and analyse risk data, leveraging on AXA IM’s internal Data Science Studio, and other databases linked to AXA IM’s internal and third-party risk calculation engines.

Qualifications

What type of profile we are looking for?

Technical skills

• Must have strong numerical and analytical abilities.  
• Must demonstrate strong relevant experience with programming in an object-oriented language. 
• Must demonstrate a strong interest in financial markets and risk analysis.

Key competencies 

• Autonomy: is able to complete tasks of a certain technical or relational complexity unsupervised
• Rigour and reliability: demonstrates thoroughness and exercises judgment to provide, in a timely manner, quality analysis and deliverables
• Pragmatism and results orientation: delivers timely, tangible, exploitable results which create value
• Ability to summarise and communicate: provides clear summaries and presentations to management, highlighting key points and control outcomes. Clearly presents these elements in the context of different meetings or committees.
• Effective management of subjects on several fronts: more particularly, proactively acts to anticipate possible difficulties and escalates to management where necessary
• Team spirit: ability and desire to work as part of a team; will support others and build relationships within and outside of their immediate team; able to engage with the team on a global basis

Any skills or experience which are desirable but not necessary

• Preferable prior experience coding in Python.  
• Preferable study in a degree linked to evidencing the abilities and experiences in the first part of this Profile section (numerical and analytical abilities, programming experience, interest to financial markets and risk analysis).
• Preferable prior knowledge on financial instruments and financial risk management techniques.
• Previous relevant work experience can be advantageous.  
• Knowledge of financial data/risk systems can be advantageous e.g. Bloomberg, Factset, RiskMetrics.

The role is open to both undergraduate and postgraduate students for a 6 or 12-month internship.

About AXA

Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things. In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long-term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing approximately €866 billion in assets as at the end of June 2021.

AXA IM is a leading investor in green, social and sustainable markets, managing €568 billion of ESG-integrated, sustainable and impact assets as at the end of June 2021.

We are committed to reaching net zero greenhouse gas emissions by 2050 across all our assets, and integrating ESG principles into our business, from stock selection to our corporate actions and culture. Our goal is to provide clients with a true value responsible investment solution, while driving meaningful change for society and the environment.

At end of June 2021, AXA IM employs over 2,488 employees around the world, operates out of 26 offices across 20 countries and is part of the AXA Group, a worldwide leader in insurance and asset management.

What we offer

We are proud to foster a high-performance culture, which means that we seek to recruit and retain people who are not only technically-skilled but also globally-minded, innovative and able to leverage their unique perspectives and life experiences to support our success as a company. AXA IM is committed to building an inclusive culture, valuing diversity and supporting the career progression of all employees.