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Structured Credit Intern

Sona Asset Management
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SONA ASSET MANAGEMENT 

Position: Structured Credit Intern
Start Date: June 2025
Duration: 10 Weeks
Application Deadline: January 15, 2025

We are currently seeking a bright, ambitious, and enthusiastic individual to join our dynamic team for a summer internship.

ABOUT THE FIRM

Sona Asset Management is a European credit asset manager, and widely regarded as leveraged finance experts throughout Europe. The company was founded in 2016 by John Aylward, following his two decades of experience in some of the most established sell-side and buy-side global enterprises. 

Sona’s highly experienced portfolio managers specialise in investing across the credit spectrum with a primary focus on European markets. The firm seeks to generate positive, uncorrelated returns in all markets and puts emphasis on capital preservation and outperformance at times of stress.

We manage c.$9bn AUM on behalf of institutional investors, with a team of over 80 people between our two offices in London and New York. Sona's senior team has decades of experience of investing in the credit markets, which is shown by our award-winning performance. Please see out website and LinkedIn for more details.

ABOUT THE OPPORTUNITY 

We are seeking an intern with an interest in markets to work in a fast-paced entrepreneurial environment within the Sona Structured Credit team. 

The Structured Credit business looks at a wide variety of investment opportunities. This includes structured transactions off corporate credit, asset based credit, fund finance and other secured lending products.  In addition, the team trades a variety of structured securities including Corporate Credit Indices, Tranches and Options off of corporate credit indices, CLOs, CMBS, ABS and other structured products securities.   These products diversify portfolios by linking returns to underlying asset performance.

This is a fantastic opportunity for someone who is passionate about finance to gain hands-on experience in a dynamic and supportive environment. The right candidate will have an opportunity to actively participate in large statistical data sets, investment modelling and return profiles, and investment committee presentations.

Responsibilities

  • Support the origination and execution of structured finance transactions, including financial modeling and credit analysis.
  • Evaluate portfolio performance, assess risks, and analyze credit, legal, and structural aspects of structured credit transactions.
  • Prepare high-quality reports and materials for internal and external stakeholders, including credit committees, ratings criteria, and market commentary.
  • Contribute to the development and refinement of rating methodologies, tools, and cash flow models.
  • Build and maintain relationships with issuers and investors while staying informed on macroeconomic trends and leading research initiatives.

Sona is also keen to support the learning experience of its interns and will provide multiple opportunities for direct engagement with our investment professionals. You will work directly with our investment professionals, who can guide you and provide feedback and pointers on project work, as well as provide insights into what we do, and the wider market. There will also be opportunities for networking, joining knowledge sharing sessions, and a structured training programme to introduce some of the common concepts and activities within investment to provide broader insight. 

Candidate requirements

  • Currently enrolled in final year of a university program in Finance, Economics, Statistics, Mathematics, Computer Science or Engineering.
  • Interest in the finance industry
  • Required skills: Strong Excel, Python Presentation and Communication Skills
  • Desirable skills: Visual Basic, familiarity with AI techniques, libraries and tools, SQL and R programming languages

Benefits 

  • Competitive compensation / paid internship
  • Structured learning opportunities
  • Networking

How to apply 

Please submit your resume using this link. Interviews will be conducted in January – but applications will be open through January 15th.