Research Associate Summer Intern
Who You’ll Work With:
Bernstein prides itself on its best-in-class Research Associate program; our Associate alumni are numerous across the investment management industry and within the ranks of our highly-rated Senior Analysts. We are looking for highly motivated college seniors and Master’s students to join our premier Equity Research platform for a 10-week internship program in our New York office. If you love research, Bernstein could be a great fit for you! Our summer interns learn about and contribute to the research we are known for: thematic, industrial strength, collaborative, data-driven, bottom up, and always differentiated. You will be assigned to a sector team (such as US Food, Internet, Insurance, etc) and work closely with a Senior Analyst and other Associates who will mentor and develop you.
What You’ll Do:
As a Summer Research Associate you will:
· Build expertise in your sector working with a seasoned industry expert and other Associates
· Learn in-depth analysis of the sector, companies and stocks by working with your team through a quarterly earnings cycle
· Complete a significant project and deliver a presentation to senior management
· Attend Bernstein Summer School learning and development programs
· Interact with peers in research, sales, and trading through a variety of networking and social activities
What We’re Looking For:
Our Summer Research Associates are rising seniors or in the final year of their master's programs, and typically have track records of outstanding academic performance. For research roles, it’s important that you have excelled and thrived in a rigorous academic environment. We look carefully at your academic background (including grades, tests, and fields of study) for evidence of the following:
· Excellent broad-based analytical skills
· Outstanding verbal and written communication skills
· Strong quantitative backgrounds and ability to work with data sets, including engineering, math and science degrees
· Relentless intellectual curiosity
· We look for consummate team players who seek an intellectual and collegial environment for their development.
Please submit your resume and cover letter (we’re a research firm, and we value a well-crafted narrative). We are interested in your background and unique story, including how you performed as a student. While grades and test scores don’t tell the entire story, it is helpful for us to review them to better understand your academic strengths so please include those too (SAT, ACT, GRE – whatever you think is relevant). We look forward to learning more about you!
Who We Are:
Bernstein is widely recognized as Wall Street's premier sell-side research and brokerage firm, with a global equity trading platform that spans the US, Europe, and Asia. Our firm was founded in the US in 1967 and in the UK in 1999. We began operations in Hong Kong in 2010, and in Mumbai in 2019, and now cover a range of sectors across Asia. Our research and trading capabilities are sought out by leading investment managers around the world, and we are annually ranked at the top of our industry by acknowledged arbiters. In independent surveys of major institutional clients, Bernstein's research has consistently been ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks and best original research. In 2019, we acquired Autonomous Research, a highly regarded global financial services independent research firm. The combination of Bernstein and Autonomous solidifies our standing as the largest global independent research firm, and further positions us as the preeminent provider of the highest-quality independent research to our clients worldwide. Bernstein is a business unit of AllianceBernstein, which ranks among the largest investment managers in the world, with 4,400 employees across 51 locations in 25 countries and over $700 billion in assets under management.
Research has always been Bernstein's calling card. The brand is defined by our renowned Blackbooks, known for their unbiased, in-depth company and industry forecasts. We have a community of Research Analysts who are acknowledged thought leaders who typically have many years of experience in the industries they cover. Our reputation is for the very highest caliber of independent and disciplined investment and industry analysis.
Join us in pursuing insights that unlock opportunities! Learn more at www.Bernstein.com, and to learn more about our purpose and what we stand for, visit us at www.Bernstein.com/our-story/overview.html.
How We Invest in You:
We have an outstanding Associate program and make a strong commitment to development. Summer Interns often join us for full-time Associate roles after graduation, and full-time Research Associates often advance to Senior Research Associate positions and/or go on to graduate school. These are typically 3-5 year positions with outstanding growth potential within AB.
Our culture is intellectually rigorous, but it is also very collegial and fun. We have robust learning and development programs, and Associate-led cultural initiatives, ranging from health & wellness, community service, mentoring, employee resource groups, and social events. Full-time associates receive competitive compensation offerings, including retirement plans with matching employer contributions and no fees on core investments. Other offerings include:
- A holistic employee benefit package to support your and your family’s health and wellness
- Sponsorship of your required SIE, Series 7 and 63 licenses
· Flexible time off and a hybrid work model
In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows:
Base Salary: $105,000 - $105,000, pro-rated for 10 weeks.
Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition AB provides a variety of benefits to eligible employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off
AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria