LON39469
Who we’re looking for
We’re looking for keen and motivated interns to join the Investment Insights Unit (IIU) in Investment on our 2024 Internship Programme.
About Schroders
Schroders is a global investment manager which helps institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their aspirations, and prepare for the future.
Our purpose is to provide excellent investment performance to our clients through active management. By serving clients, we serve wider society. Channelling capital into sustainable and durable businesses accelerates positive change in the world. Funding the future is a privilege: we use it wisely and responsibly.
We employ over 5700 talented people worldwide operating in 37 different locations across Europe, the Americas, Asia, Africa and the Middle East, close to the markets in which we invest and close to our clients.
Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.
The base
We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre and we have everything we need to work flexibly.
The department
The Investment Insights Unit (IIU)’s mission is to bring scientific rigour to investment decisions at Schroders. In essence we do this by
1. making available new data sources,
2. unlocking the value in data by providing a research service, answering business questions by reviewing these datasets,
3. scaling the value in data by building Insight Products: generalising those findings or anticipating those questions by alerting people to relevant changes before they know to ask.
Through all these we use specialist Data Science tools and techniques: Big Data technologies, Intelligence Augmentation and Artificial Intelligence techniques, and insights from the world of Behavioural Science.
The quantity of information available for investment research purposes is increasing at such a rate that traditional industry practices and skillsets are unable to absorb and process it.
Global trends in digitalisation, social media, open data and technology are all creating vast streams of alternative data that are often highly unstructured and obscure. However, they contain valuable and often rare insights. The IIU aims to find these new and potentially unorthodox datasets, extract the rich, hidden information they contain and use their expertise to improve traditional fundamental research.
The IIU consciously adopts a strengths-based style of management and personal development. We strive to understand people’s motivations and strengths and position their roles to play to these. This applies to their immediate role and as part of their ongoing career development into future roles.
The programme
Our 2024 Summer Internship Programme runs between June and August 2024. This Programme will provide you with a unique introduction into the investment management industry and how the Investment Insights team operates within it. You’ll be given introductory training and opportunities to network with people across the business.
During the internship you will be asked to help out across a diverse array of the team’s activities. You will also complete a personal research project under the supervision of one of our experienced data scientists, and will present this to the wider team at the end of your internship.
What you’ll be like
• Happy to get involved in variety of tasks and projects
• Be passionate about data science and technology
• Good communications skills, including the ability to explain technical content to non-technical audiences
• You will see data science and technology as tools for solving problems, and you will constantly be improving your skills through further learning
• A growth mindset: we understand you may make mistakes, and when you do, we are looking for you to learn from these.
The knowledge, skills and qualifications we’re looking for
• An honours degree or equivalent – from a wide range of relevant subject areas; i.e. those from those more traditionally associated with STEM, like Math and Physics, to those which use quantitative techniques such as Anthropology, Psychology and Political Science. If your degree includes data analysis and critical thinking, we’d like to hear from you
• A specific specialisation in data science is not required, however passion for the subject and introductory knowledge of both programming and statistics is required
• Penultimate year of study. Unfortunately we no longer accept applications from final year students considering further studies (i.e. Masters) upon completion of undergraduate course
• Exposure to programming, preferably in R, Python and/or SQL
• Statistical skills, including at least multivariate linear regression
Desired but not essential skills
• Machine Learning
• Big Data
• Statistical modelling, such as regression or time series analysis
• Information visualisation
• Relevant industry knowledge
Recruitment process
1. Online application form and CV
2. Online assessments
3. Video interview
4. Assessment centre
Candidates should be available to start the 2024 Summer Internship Programme on Monday 10 June 2024. The programme ends on Friday 16 August 2024.
Our internship programme provides an opportunity to convert on to the 2025 graduate programme. More detail will be provided on this to successful applicants.
If you think you may require disability-related adjustments at any stage of the recruitment process, please contact adjustments@employ-ability.org.uk our disability partner EmployAbility (employ-ability.org.uk) for a confidential discussion and advice.
We recruit on a rolling basis and may choose to close this role earlier than advertised. Therefore we recommend you apply as early as possible to avoid disappointment.
We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.
As a global investment manager, we help institutions, intermediaries and individuals across the planet meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients’ needs. That’s why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients.
Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for £737.5 billion (€831.3 billion/$887.2 billion)* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 6,100+ people across six continents who focus on doing just this.
We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over two centuries and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests.
Source: Schroders, all data as at 31 December 2022.
Disclaimer:
Investing in securities is subject to risk. The value of investments can go down as well as up and is not guaranteed.