Investments Intern - Bank Loans

Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource provide global financial services and investment management opportunities for early-career talent. The Investments Intern will support portfolio management and investment research by analyzing leveraged issuers, evaluating credit and relative value, preparing investment recommendations, and monitoring bank loan and fixed income investments.

What you'll do:

• Build and maintain three-statement financial models and earnings forecasts for leveraged issuers
• Conduct fundamental credit analysis, including assessment of business risk, industry dynamics, financial performance, capital structure, and covenant protections
• Develop relative value frameworks to compare investment opportunities across issuers, industries, and capital structures
• Prepare credit recommendation memoranda incorporating financial, credit, and relative value analyses for use in evaluating primary and secondary loan market opportunities
• Support portfolio monitoring through earnings reviews, company updates, and ongoing credit surveillance
• Develop an understanding of the bank loan, CLO, and broader fixed income markets through market research, investment discussions, and interaction with portfolio managers and analysts

What they're looking for:

• Pursuing a bachelor's degree in Finance, Economics, Accounting, Mathematics, Statistics, Computer Science, Engineering, Business, or a related field
• Expected graduation date of December 2027 or May/June 2028
• Passionate about the investment management industry and contributing to a successful team environment
• Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN)
• High degree of self-motivation with strong integrity and ethics
• Attention to detail and commitment to producing high-quality work
• Excellent communication, interpersonal, and presentation skills
• Ability to multitask, solve problems independently, and think critically
• Proven organizational skills and ability to manage time effectively
• Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint
• Experience with financial statement analysis, accounting, valuation, or financial modelling through coursework, internships, or extracurricular activities
• Interest in leveraged finance, corporate credit, bank loans, high yield, or structured credit markets

Benefits:

• Hybrid work arrangement: employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week.
• Opportunities to connect with Executive Leadership through the ELT Speaker Series.
• Annual volunteering day.
• Mentorship and opportunities for shadowing.
• Vacation time.
• Sick time.
• 401(k).
• Health, dental and life insurance.
• Variable pay in the form of bonus, commissions, and/or long-term incentives, depending on the role.