BlueBay Asset Management
Global Leveraged Finance (Special Situations)
Internship Application Form
Closing deadline: 14 August 2015
BlueBay Information
BlueBay is a leading global next generation fixed income asset manager. Headquartered in London with offices in the
US, Japan, Hong Kong, Switzerland, Ireland and Luxembourg, we manage over US$62.8 billion for institutions and highnet worth individuals (as at 31 December 2014). With our hedge fund heritage and by staying true to our specialist fixed
income roots, we pioneer new investment strategies using our broad range of sub-asset class expertise, with a focus on
absolute return and capital preservation. We invest for our clients across the fixed income spectrum on a global scale,
from active long-only (benchmark aware) portfolios to hedge funds/private debt. We also blend investment styles and use
a range of sophisticated tools in order to exploit all factors of return.
The Special Situations Group within Leveraged Finance represents the core of our alternative credit offering. It has
always been a core capability and has existed within the firm since inception. The opportunities within this division range
from stressed and distressed credit investments to event driven equity and credit and represent a challenging but very
rewarding career opportunity to the most talented investment analysts within the industry.
BlueBay seeks to employ the most talented people in the sector and has a global team of world-class investment
management and support professionals. The firm offers employees and Partners a challenging, fast-paced working
environment which requires each person in the business to go the extra mile for their internal and external customers.
The business is not structured in a hierarchical fashion and the contribution of every individual is valued, respected and
rewarded though a positive culture of staff development.
BlueBay Asset Management LLP is authorised and regulated by the Financial Conduct Authority.
Details:
Title:
Location:
Remuneration:
Structure of programme:
Intern – Global Leveraged Finance (Special Situations)
77 Grosvenor Street, London, W1K 3JR
Paid Internship

The BlueBay Global Leveraged Finance Internship will offer candidates the opportunity to work full-time in
BlueBay’s Special Situations team.

The programme will be 6 months long (commencing in August/September2015), with the potential to extend
to 12 months. Candidates will be paid a monthly salary and be eligible for certain benefits and a holiday
allowance.

Interns will have the opportunity to gain an understanding of and be involved in day-to-day credit investing
work, marketing, portfolio monitoring and investor relations as well as observe and learn from BlueBay
employees on more sensitive tasks.

In addition to on-the-job training and support, interns will attend a one-day Introduction to Asset Management
course with other new employees, comprising an interactive session in the morning from an external training
provider, followed by lunch with Alex Khein, CEO, and afternoon presentations from a number of Partners or
Department Heads from across the business.

Interns will receive a review and be provided with feedback on their performance, followed by a full debrief at
the end of their Internship.
Experience and person skills required:

Degree educated with at least a 2:1 achieved at year 2 and at least expected 2:1 final grade.

Final-year university student or recent graduate.
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Excellent overall academic profile.
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Very strong analytical capability, both quantitative and qualitative.
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Excellent communication skills and a strong capacity and desire to use initiative.

Ability to provide examples of a pro-active approach to your personal development, demonstrating a
professional edge over peers.

Good proficiency in MS Word, MS Excel and MS PowerPoint.
The Application and Interview Process
Timelines and Guidance:

From the application form we are looking for your ability to demonstrate creative thinking and apply your
wider knowledge of current market conditions to an understanding of BlueBay’s Global Leveraged Finance
business.

Completed application forms are to be emailed to internships@bluebayinvest.com, with a copy of your CV
attached. The closing deadline for applications is Friday 14 August 2015.

Shortlisted candidates will be invited for a telephone interview, and, if successful, a face-to-face interview at
BlueBay’s London office, where you will meet with the Human Resources team as well as members of the
Global Leveraged Finance team.

Telephone interviews and face to face interviews will be held in late August 2015.

Applicants will be notified if they have successfully secured a place by the end of August 2015.

The Internship will commence in late August/early September 2015 (running for 6-12 months).
Personal Details
Full name:
Contact email:
Contact telephone number:
Right to work in the UK (details of visa where
applicable, please note we are not able to sponsor
student visas):
Academic Qualifications
Please provide details of your GCSE (or equivalent) subjects and grades:
Subject:
Grade:
1
2
3
4
5
6
7
8
9
10
11
Please provide details of your A-level (or equivalent) subjects and grades:
Subject:
Grade:
1
2
3
4
5
University and Course of Study
University:
Course:
Year 2 grade:
Expected final year grade:
Work Experience and Employment History
Please provide details of up to 3 previous employments, including job title and a brief description of your duties and
achievements. Please note these do not need to be your most recent employers.
Company/dates/job
title:
Summary of duties and achievements:
Knowledge Assessment – General Front Office/Global Leveraged Finance
The Front Office are responsible for making decisions about investment, matching investments to objectives, asset
allocation for individuals and institutions and balancing risk against performance.
It is essential that you have an understanding of the current markets. Please answer the following questions and provide
an explanation for your thoughts (max 400 words each):
What are the key medium term drivers for corporate borrowing rates in Europe?
What key characteristics do you think makes a company credit-worthy? What are the risks associated with
extending a loan to a business?
What do you think will be the key economic trends in Europe over the next five years? How could this affect
BlueBay’s Special Situations business?