Fixed Income Research Summer 2027 Intern

Victory Capital Management; San Antonio (TX); On-site; USD 23,000 - 32,000; Full time

Job summary

Victory Capital Management, through Victory Income Investors, seeks a Fixed income Research Intern for summer 2027 in San Antonio, TX. The eight-week on-site program supports hands-on credit research under Directors of Research, with mentorship from senior analysts and exposure to Corporate, Municipal, and Structured Product assets.

Responsibilities include researching a credit, presenting a comprehensive review and recommendation to PMs and Directors; candidates should be curious, self-driven,

Qualifications

• Passion for learning fundamental credit analysis in an investment management setting.
• Strong written and oral communication skills.
• Willingness to dig for information and a motivated self-starter.
• Familiarity with Bloomberg and Microsoft Office is a plus.

Responsibilities

• Gain exposure to Corporate, Municipal or Structured Product asset classes.
• Receive mentorship from senior analysts and interact with portfolio managers and traders.
• Research and present a comprehensive credit review with a recommendation to PMs and Directors of Research.
• This project will culminate the internship and showcase learned skills.

Skills

Credit analysis

Written communication

Oral communication

Self-motivation

Curiosity

Tools

Bloomberg

Microsoft Office

Job description

Job Category: Victory Income Investors

Requisition Number: FIXED001417

• Full-Time
• On-site

Locations

Showing 1 location

Description

About Victory Capital:

Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance.

Victory Capital is headquartered in San Antonio, Texas. To learn more, visit www.vcm.com or follow us on Facebook, Twitter (X), and LinkedIn.

General Summary and Purpose:

Victory Income Investors (VINC) is looking for a Fixed income Research intern for the summer of 2027!

VINC is a large and rapidly growing fixed income investment manager focused on active management through in-depth fundamental analysis of the creditworthiness of the securities it purchases. This internship is a unique opportunity to learn about and participate in this credit research process with the VINC team.

The internship is envisioned to be eight weeks in length and to take place during summer 2027. There is some flexibility on the exact starting date. The intern would report to one of the Directors of Research. The successful candidate will be expected to commit to being on-site in the office five days per work week and any and all re-location and housing expenses will be borne by the candidate.

You Will:

• Gain exposure to one or more of the Corporate, Municipal or Structured Product asset classes
• Receive the mentorship of one or more senior analysts in one or more specific asset classes
• Interact with and have the chance to learn from all members of the team, including portfolio managers and traders
• Research and present a comprehensive review on a chosen credit, with your recommendation, to portfolio managers and Directors of Research. This project will be the culmination of the internship and represents the opportunity to showcase what has been learned over its course

You Have:

• A passion for learning fundamental credit analysis in an investment management setting
• Strong written and oral communication skills
• A willingness to “dig” for information, an innate curiosity as to what distinguishes better investments from those less so, and are a motivated self-starter
• Familiarity with Bloomberg and substantial knowledge of Microsoft Office applications would be a plus

Target Compensation:

The target base salary range for this position is $20 per hour.

Next Steps:

Victory Income Investors will accept applications through October 25. Those applicants with whom Victory would like to discuss their interest further will be contacted for an interview to take place between late October and mid-December.

Victory expects to make final decisions in January 2027.

We are committed to equal employment opportunity without regard to actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, pregnancy-related conditions, and lactation), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, height, weight, hair texture or a hairstyle historically associated with race to include braids, locks, or twists; or any other characteristic protected by applicable federal, state, or local laws and ordinances.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.