3-months Internship Programme
The Silverdale Internship programme provides deep insights into the workings of a leading global fixed income fund house. Participants get exposure to one of the three areas based on their interests and skillset. (a) investment research and portfolio management, (b) trading and cash management, and (c) product and investor management. Our internship programme typically spans a minimum of 3 months, and may lead to a full-time offer to join the firm. We welcome applications from penultimate year students residing in Singapore perusing bachelor’s or master’s degree. In addition to exceptional integrity, intellectual curiosity, and appetite for challenge, you’ll need to have or be on course of achieving GPA of 4.0/5.0 (or equivalent) in your studies. On successful completion of the internship program, you may be offered to join the Silverdale Graduate Programme.
Key Responsibilities
Investment Research & Portfolio Management
Assisting in conducting research on fixed income markets, economic trends, and issuer-specific credit analysis
Contributing to regular (daily/weekly) updates on fixed income markets and strategy, economic trends, issuer-specific credit analysis, and portfolio positioning
Conducting in-depth credit analysis of existing and potential portfolio investments, encompassing all aspects of the security (spreads, covenants, structure, swaps, hedges, etc.), issuer (cash-flows, ratings etc.) and macro factors (country, enforcement risks, etc.), and presenting detailed Investment Notes along with financial model
Assist portfolio managers on portfolio and risk management, involving working on live investment opportunities, investment sizing, risk assessment, etc.
Trade & Cash Management
Assisting portfolio managers in the execution of trades across various markets and instruments, (including derivatives) and optimization of investment portfolios (including formulating trading strategies to optimize overall portfolio performance)
Aiding in monitoring of portfolio, trade execution, risk management, and support, including trade monitoring, cash flow management, data analytics, market alerts, algorithmic processes, etc.
Assisting in trade settlements, reconciliations, and post-trade processing to ensure accurate closure of transactions
Product & Investor Management
Assisting in the preparation of investment decks (including pitch books) and investor reports
Monitoring, analysing, and reporting on the performance of various funds
Collaborating with various stakeholders to build and strengthen data analytics capabilities
Supporting firm’s media and digital strategy
Assisting in managing investor education program and investor queries
Debriefing on market updates and competition analysis
Skills/Qualifications
Pursuing an under-graduate or post-graduate degree in Finance / Economics / Mathematics / Engineering or Chartered Accountant or CFA
Strong understanding of financial markets, preferably with prior experience in investments
Strong attention to detail and excellent judgment
Excellent analytical, communication and interpersonal skills
Comfortable with real life uncertainties and ability to manage tight timelines
Experience with data visualization tools, financial modelling and MS-Excel
Proficiency in Bloomberg and programming languages (Python, SQL) preferred
Preference would be given to those fluent in Mandarin
Penultimate year student