Credit Research Intern (June%2726) - AXA Investment Managers

Description

AXA Investment Managers (AXA IM) has been part of the BNP Paribas Group since July 1, 2025, following the completion of its acquisition. AXA IM is a key player in global asset management, with over 3,000 professionals and 24 offices across 19 countries worldwide. We serve a diverse international client base, including institutional investors, corporations, and individuals, offering a wide range of investment opportunities across global markets. Our offerings include both alternative assets (real estate investments, private debt, alternative credit, infrastructure, private equity, and private market solutions) and traditional assets (bonds, equities, and multi‑asset strategies). AXA IM manages approximately €879 billion in assets, of which €493 billion are categorized as investments incorporating ESG criteria, sustainability, or impact considerations. Our goal is to provide our clients with a comprehensive suite of products, from traditional investments to ESG strategies, enabling them to align their portfolios with their financial objectives and sustainability priorities. In a rapidly changing world, we adopt a pragmatic approach focused on delivering long‑term value to our clients, our employees, and the economy as a whole.

Discover your opportunity

The Credit Research team contributes in a significant way to the fixed‑income investment process by providing bottom‑up and sector analysis while incorporating ESG factors into the credit analysis. The student‑apprentice / Intern will have 2 core missions:

• To support the Sub Sovereign and Agency (SSA) team by participating to the production of value added in‑depth credit analysis of SSA issuers and to support portfolio managers in their investment decisions.
• To help the Credit Research team in various ad hoc projects, including specific client demands and ESG topics.

Your role and responsibilities will include

• Anticipate evolution of credit profiles through in‑depth sector knowledge, financial assessment and monitoring of economic trends and developments.
• Provide proprietary fundamental ratings and recommendations for assigned issuers, applying the AXA IM SSA Research Process and recording fundamental views in AXA IM's research publication system in a timely manner.
• Support Fixed Income Portfolio Managers' investment decisions based on bottom‑up fundamental credit analysis of sub‑sovereign and agencies.
• Active and timely support of Credit Research team on various topics, notably on ESG and specific client requests.

Qualifications

• Ongoing studies with objective to attain post‑graduate degree in Finance or Economics.
• Ideally some experience of credit analysis (e.g., acquired during internship).
• Fluency in English is required.
• Interest in public sector, economy and political topics.
• Good writing and presentation skills.
• Reliability, pro‑activity.
• Team spirit, and ability to work in an international environment.