Real Assets – FMCG Portfolio Analyst Intern (July '24)
At AXA IM, we act for human progress by investing for what matters, actively and responsibly. Join us and you’ll build a career in a truly diverse, entrepreneurial organization. You’ll be part of a mission to tackle some of the world’s most stimulating challenges, pushing boundaries and exploring fresh ideas that aim to deliver long-term prosperity.
1. AXA IM Alts
AXA IM Alts is a global leader in alternative investments with over €185 billion of assets under management comprising c.€91 billion of primarily private real estate, over €85 billion of private debt and alternative credit, as well as c.€9 billion in Infrastructure and private equity.
We take a 360° approach to real estate & infrastructure investing with over €132 billion of assets under management in direct opportunities, held indirectly through debt and listed equities and via long term private equity investments into operating platforms. ESG is fully integrated into our investment decision making processes with our responsible investment approach anchored by the three key pillars of decarbonisation, resilience and building tomorrow.
AXA IM Alts employs over 830 people located in 17 offices around the world and serves the needs of more than 600 clients from Europe, North America, Asia Pacific and Middle East. We are the number one property portfolio and asset manager in Europe, and one of the largest worldwide.
We pride ourselves on fostering a culture of high performance, which means we seek to recruit and retain people who are not only technically qualified, but also open to the world, innovative and able to harness their unique perspectives and life experiences to support our success as a business.
2. Description of the department
The successful candidate will join the Financial Management Controlling Group ( FMCG) department which is in charge of monitoring the investment performance of all funds and portfolios managed by AXA REIM SGP. It covers a wide range of activities, controlling and reporting financial data, but also implementing leverage and hedging strategies and ensuring proper governance on all managed entities or funds across Europe. Through this position, you will be assigned to a dedicated investment fund (logistics, residential, FoF etc).
3. The main responsibilities of the role
This internship postion will be the opportunity for you to further develop your skills in an international and fast-moving environment and to prepare you for a future carrer in the world of finance.
As an intern, you will work closely with the Finance Manager and the Financial Controllers, who will mentor you throughout the internship.
Your main responsibilities will include:
- Producing annual, semi-annual, quarterly or monthly reporting (incl. regulatory reporting) and dashboards on financial, investment performance and accounting aspects (including IFRS), and ad-hoc external and internal reports ( Management Board or Supervisory Board)
-Coordinating the fund / asset planning process and preparing the planning schedules including commenting of portfolio results
-Ensuring accuracy, completeness and timeliness of productions of external service providers (Fund Admnistrator, Corporate Manager, Property Manager and Tax Advisor).
-Preparing funds forecasts and variance analysis with available IT tools (including IFRS and cash aspects if applicable; follow of the sales forecasts…)
-Monitoring asset level performance (variance actual vs budget, asset performance, capex monitoring, rent arrears etc)
-Performing portfolio and risk controlling at fund level, risk ratio and investment guideline monitoring if required
-Making the results available in the global IT system
-Participating in transversal projects if requested and perform other tasks and projects as assigned from time to time
-Reinforcing sound and effective risk management in line with the Risk and Compliance Objectives & Measures Framework
Your Profile
SHARE your unique expertise
4. Profile
Education/Qualifications
- Postgraduate studies in Finance, Management, Engineering or Real Estate and seeking for a final-year or gap-year internship
Experience
- Proven interest in real estate (any previous internship within asset management or with a focus on real estate would be considered as a plus)
Competencies
- Accomplished interpersonal skills, ability to work efficiently in a team in an international and matrix environment
- Autonomous, curious and result driven culture
- Strong analytical and synthesis capacity
- Good verbal, written communication and presentation skills
- Fluent in English and French
- Proficency in MS Office
5. What do we offer
• This internship is an excellent opportunity to discover an international working environment. Due to our leading position on the market you will gain a strong exposure to a variety of complex issues of an European real estate asset manager.
• You will be fully integrated to our team and you will have the opportunity to work together and discover other departments such as Fund Management, Transactions, Development and Asset Controlling
• You will join a growing platform which will allow you to take-over responsibilities rapidly
Please join us to realize your potential to drive progress, for yourself, our clients and the world in which we live.
About AXA
Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things. In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.
About the Entity
At AXA IM we are investing with a clear purpose – to make the world a better place. We act for human progress by investing for what matters. Our conviction-led approach enables us to uncover what we believe to be the best global investment opportunities across alternative and core asset classes. We are already entrusted by our clients with more than €887 billion in assets.
AXA IM is an Equal Opportunity Employer, and we encourage candidates with disabilities or any other protected characteristic to apply. We are committed to providing reasonable accommodation to qualified applicants and employees with disabilities, when needed, to apply for a position or to perform essential job functions.
What We Offer
We are committed to offer you an environment where you can:
• Grow your potential : be part of a forward-thinking business with internal opportunities and personalized learning paths available to help constantly develop your skills and abilities.
• Shape the way you work : work for a company which is highly committed to providing flexibility & balance to its employees, offering you a large range of benefits (hybrid working, competitive health benefits, among many others.).
• Thrive within a diverse community : play a role within a responsible company that actively recognizes and values individual differences in a diverse and inclusive workforce.
• Move the world forward : join a responsible employer that acts in favor of societal and environmental causes as an investor, insurer and company, notably through the AXA Heart in Action association. As part of our commitment to sustainability and environmental responsibility, we will celebrate your arrival by planting a tree.