Magnetar Capital 1603 Orrington Ave # 1300, Evanston, IL 60201
2022-01-14

ALTERNATIVE CREDIT & FIXED INCOME SUMMER INTERNSHIP

Magnetar is offering an 8 week internship with our Alternative Credit and Fixed Income Team. The internship will encompass one week of formal training through Global Financial Markets Institute. Three weeks of the program will be hands-on fundamental credit modeling and analysis, culminating in a final written presentation. The four additional weeks will give exposure to other areas of the business such as SPAC's, real estate, etc. This is a unique and rare internship opportunity, for students interested in the Alternative Asset Management Business.

Qualifications
  • Rising college sophomore or junior;
  • Pursuing a Bachelor’s degree in Economics, Math, Engineering, or Finance from a top-tier school; (or a related degree)
  • Passion for investment management/asset management industry;
  • Excellent communication skills (written and verbal);
  • Strong analytical skillset;
  • Ability to work in a fast paced environment;
  • Uphold a strong sense of ownership, obligation, and personal accountability.

About Us

Magnetar Capital is a leading alternative asset manager with over $13.8 billion under management as of September 2021. We are conveniently headquartered in downtown Evanston, steps from public transportation and the lakefront. We operate two additional offices across the U.S. and UK, located in Houston and London.

When you join Magnetar, you will work alongside individuals who are among the best in the business at what they do. We attract highly skilled, dedicated professionals who enjoy working across practices and executing innovative ideas.

Our culture is based on the core values of insight, integrity and passion. We have an intense level of intellectual curiosity, a profound passion for our work and care deeply about delivering results for the Firm and for each other. These qualities drive everything we do.

We seek to generate consistent performance across a variety of market conditions by identifying differentiated investment ideas that we believe can be developed into scalable businesses. We invest across three core pillars: Alternative Credit & Fixed Income, Energy & Infrastructure and Systematic Investing.

We know how important healthy choices are to our employees. We offer an onsite gym in our Evanston office (and subsidized memberships for other office locations), kitchens with healthy snacks, and health-conscious, catered lunches daily at no cost to our employees.

Magnetar employees are passionate about philanthropy and there are plenty of ways for employees to give back through the Magnetar Capital Foundation (a nonprofit focusing on increasing access to financial education programs in high schools), organized volunteer efforts, and our company matching contributions program. Employees also receive one Community Day per year to volunteer at a cause of their choosing. To further enrich our work environment, we also organize extracurricular activities, including our running club and bowling teams, as well as company-sponsored social events for employees and families.

We hope you’ll consider joining us as you explore careers at Magnetar!