drjobs 2026 MacKay Shields Investments Summer Internship Program (Princeton, NJ) (El Segundo, CA)

2026 MacKay Shields Investments Summer Internship Program (Princeton, NJ) (El Segundo, CA)

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Job Location drjobs

Princeton, NJ - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Location Designation:Hybrid - 4 days per week

Shape your future:

With a dynamic internship experience at New York Life. We offer opportunities across a variety of exciting businesses including Actuarial AI & Data Finance Investments Technology Underwriting and more. Your internship journey is designed to challenge you through hands-on work experience that will equip you with valuable skills and insight to shape your path. You will build your network through collaboration and connection with talented interns and experienced employees through team-building activities mentorship programs and fun social events. By the end of your internship youll be equipped with new skills and a network that will propel you forward in your career journey.

Role Overview:

The New York Life Investments Summer Internship Program is an exciting opportunity for rising juniors and seniors looking to gain the experience skills and support they need to help launch their careers. The 10-week paid internship will take place starting June 2026. Participants will take part in weekly intern events such as Business Overviews Meet & Greets with senior leaders and macro economy conversations with our Global Market Strategy Team. Our program includes training and development seminars networking opportunities social events a collaborative summer internship project culminating in an opportunity to be considered for a full-time rotational analyst role.

MacKay Shields:

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 modelwhich was designed to combine the benefits of nimble and independent investment boutiques with the strength of a financially strong partnerhas 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 either our Princeton NJ or Los Angeles CA offices.

What Youll Do:

  • 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
  • Responsibilities would include document and financial analysis including financial modeling and scenario analysis. Surveilling existing bond portfolio positions and preparing credit research updates using financial modelling scenario analysis and relevant databases.
  • Provide market data analytics interface through data collection and preparation of special market reports and presentations.

Required Skills:

  • Currently pursuing a Bachelors 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.

Applications will be reviewed on a rolling basis and interviews will begin in mid-September.

#Investmentscampus

#LI-CV1

Pay Transparency

Salary Range:$26/ hour

Overtime eligible:Nonexempt

Discretionary bonus eligible:No

Sales bonus eligible:No

Our Diversity Promise

At MacKay Shields we commit to the equitable treatment of all. Differences in background experience characteristics and abilitieswhether readily visible or unseenmake 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.Click here to learn more about how we have been recognized for our leadership.

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 withoutregard 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.

Recognized as one of Fortunes Worlds Most Admired Companies New York Life is committed to improving local communities through a culture of employee giving and volunteerism supported by the proud that due to our mutuality we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life please visit the Careers page of .


Required Experience:

Intern

Employment Type

Full-Time

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