Investments Analytics & Credit Research Summer Internship

New York Life Investment Management LLC; Los Angeles (CA); On-site; USD 31,684 - 42,705; Part time

Job summary

MacKay Shields is seeking a Summer 2026 Investments Analytics & Credit Research Internship in Los Angeles, CA or Princeton, NJ. The role offers $27 hourly with a focus on municipal bond portfolio analysis and credit research.

The program targets students pursuing a Bachelor’s degree in Economics, Finance, or Computer Science, with strong quantitative/qualitative skills and programming concepts. Proficiency in Excel/VBA and Bloomberg is preferred, with 1–2 years of internship experience favored.

Qualifications

• Currently pursuing a Bachelor’s Degree in Economics, Finance and/or Computer Science.
• Outstanding quantitative and qualitative analytical skills with knowledge of financial markets.
• Excellent interpersonal, collaboration and communication and writing skills; detail‑oriented with ability to effectively multi‑task.
• Benefit to candidates with understanding of core computer science and programming concepts, including data structures, algorithms as well as knowledge of programming language (e.g., Java, Python, C++, etc.).
• Preferred: High proficiency in Excel/VBA, financial modelling and Bloomberg.
• Preferred: 1–2 years of analytical internship experience.

Responsibilities

• Supporting a team of research analysts and portfolio managers in active municipal bond portfolio investments, through close interaction with daily trading activity as well as special projects and reports.
• Document and financial analysis, including financial modeling and scenario analysis. Surveying existing bond portfolio positions and preparing credit research updates using financial modelling, scenario analysis and relevant databases.
• Providing market data analytics interface through data collection and preparation of special market reports and presentations.

Skills

Quantitative analysis

Qualitative analysis

Programming concepts

Java

Python

C++

Education

Bachelor’s degree in Economics, Finance and/or Computer Science

Tools

Excel

Excel/VBA

Bloomberg

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Investments Analytics & Credit Research Summer Internship

Summer

\$27 hourly.

Position: Investments Analytics & Credit Research Summer Internship

Location: Los Angeles, CA or Princeton, NJ

Since 1938, MacKay Shields has partnered with clients to help meet their investment goals through high quality products and exceptional service. As active managers, we serve a prominent group of pension funds, government and financial institutions, family offices, high net worth individuals, endowments, and foundations from across the globe. We were acquired by the New York Life Insurance Company in 1984 as the foundation to its multi‑boutique investment advisor model. The model—designed to combine the benefits of nimble and independent investment boutiques with the strength of a financially strong partner—has been key to MacKay Shields’ success. The firm currently manages assets for institutional investors and other financial service providers across the globe from its locations in New York, California, and New Jersey.

We are currently searching to fill a Summer 2026 Investments Analytics & Credit Research Internship to join our team of investment professionals at MacKay Municipal Managers in our Los Angeles, CA or Princeton, NJ office.

Responsibilities

• Supporting a team of research analysts and portfolio managers in active municipal bond portfolio investments, through close interaction with daily trading activity as well as special projects and reports.
• Document and financial analysis, including financial modeling and scenario analysis. Surveying existing bond portfolio positions and preparing credit research updates using financial modelling, scenario analysis and relevant databases.
• Providing market data analytics interface through data collection and preparation of special market reports and presentations.

Requirements

• Currently pursuing a Bachelor’s Degree in Economics, Finance and/or Computer Science.
• Outstanding quantitative and qualitative analytical skills with knowledge of financial markets, capable of undertaking interpretive analysis of new concepts.
• Excellent interpersonal, collaboration and communication and writing skills; detail‑oriented with ability to effectively multi‑task.
• Benefit to candidates with understanding of core computer science and programming concepts, including data structures, algorithms as well as knowledge of programming language (e.g., Java, Python, C++, etc.).
• Preferred: High proficiency in Excel/VBA, financial modelling and Bloomberg.
• Preferred: 1–2 years of analytical internship experience.

At MacKay Shields, we commit to the equitable treatment of all. Differences in background, experience, characteristics, and abilities—whether readily visible or unseen—make each person unique and valuable. Attracting, developing, and retaining diverse talent is critical to our success. We promote a comprehensive approach to diversity and inclusion to serve our employees, our clients, and our community. Striving to make a positive impact and deliver results through performance with purpose is at the heart of our ethos.

MacKay Shields LLC is committed to creating a diverse employment environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status or any other characteristic protected pursuant to federal, state or local law.