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Credit Intern - Summer 2025

The Credit department is looking for an intern to support credit research and structured finance surveillance, providing valuable insights for their growing Subscription Finance business.

Skills

  • Strong attention to detail
  • Proficiency in Microsoft Word and Excel
  • Organizational skills

Responsibilities

  • Assist with analyzing over 1,000 Limited Partners in Subscription Finance business
  • Reconcile overlapping LPs in Excel
  • Create unique identifiers for LPs
  • Identify parent relationships using financial tools
  • Maintain clear records of LP relationships
  • Attend relevant management and credit committee meetings

Education

  • Currently pursuing a bachelor’s degree in economics, accounting or business-related major preferred

Benefits

  • Weekly catered breakfast and lunch
  • Intern-specific meals and events
  • Possible housing stipend for non-local interns
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$62400 / YEARLY (est.)
min
max
$58240K
$66560K

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What You Should Know About Credit Intern - Summer 2025, Assured Guaranty

Are you looking to dive into the world of finance with a hands-on experience? Assured is excited to offer a Credit Intern position for Summer 2025 in vibrant New York, NY! As a Credit Intern, you will work closely with our Credit Research and Structured Finance Surveillance teams to tackle critical tasks that will help you understand the complexity of credit analysis. Your mission, should you choose to accept it, includes analyzing over 1,000 Limited Partners – yes, you read that right! You’ll reconcile them in Excel, give them unique identifiers, and track their parent relationships using go-to tools like S&P Capital IQ and Bloomberg. It’s an incredible opportunity to sharpen your analytical skills while enjoying a collaborative work atmosphere. We’re seeking someone who is currently pursuing a degree in economics, accounting, or a business-related field, boasts a minimum GPA of 3.0, and is an Excel whiz. Join us and benefit from weekly meals provided for interns, professional networking, and the possibility of a housing stipend to help with your move to the Big Apple. The hourly pay ranges from $28 to $32, depending on your experience. Ready to jumpstart your career? Let’s make those numbers work together!

Frequently Asked Questions (FAQs) for Credit Intern - Summer 2025 Role at Assured Guaranty
What are the primary responsibilities of a Credit Intern at Assured?

As a Credit Intern at Assured, your primary responsibilities will include analyzing a vast pool of over 1,000 Limited Partners in our Subscription Finance business. You'll work on reconciling LPs in Excel, creating unique identifiers, and identifying parent relationships using major financial tools. Your role is essential in supporting our Credit Research and Structured Finance Surveillance teams, ensuring they have the accurate data needed for decision-making.

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What qualifications are required for the Credit Intern position at Assured?

To qualify for the Credit Intern position at Assured, candidates should be pursuing a bachelor's degree in economics, accounting, or a related field, and maintain a minimum GPA of 3.0. A strong organizational talent, attention to detail, and proficiency in Microsoft Word and Excel are also key skills that we look for in potential interns.

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What tools will you use as a Credit Intern at Assured?

As a Credit Intern at Assured, you will utilize various financial tools, including S&P Capital IQ, Moody's, Bloomberg, and Google, to effectively complete your analysis of Limited Partners. These tools will help you map out parent relationships and provide detailed records for senior members of our teams.

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Is there a housing stipend available for Credit Interns at Assured?

Yes! Assured offers a housing stipend for Credit Interns who are relocating to the New York metropolitan area for the internship, subject to certain conditions. This is a fantastic benefit that can ease the transition and assist with living expenses in the city.

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What kind of professional development can Credit Interns expect at Assured?

Credit Interns at Assured can expect valuable professional development opportunities. You'll attend all relevant meetings, including those related to our new Subscription Finance surveillance system and Credit Committees. These experiences will allow you to gain insights from industry leaders and enhance your understanding of credit analysis.

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Common Interview Questions for Credit Intern - Summer 2025
Can you describe a time when you had to analyze complex data?

When asked this question, provide a specific example where you successfully navigated complex data sets. Highlight your analytical methods, tools used, and the positive outcome. This demonstrates your problem-solving skills critical for a Credit Intern role.

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How proficient are you with Microsoft Excel, and can you provide an example of how you've used it?

In answering this question, give a detailed account of your Excel skills, such as data reconciliation or creating pivot tables. Mention any projects where Excel played a crucial role, demonstrating competence that aligns with the responsibilities of a Credit Intern.

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What interests you about working in credit analysis?

To answer this, express your enthusiasm for the world of finance and credit analysis. Explain any relevant coursework or experiences that sparked your interest, and connect how these relate to the Credit Intern position at Assured.

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How do you prioritize tasks when working on multiple projects?

Use this opportunity to demonstrate your organizational skills. Describe a specific instance where you managed multiple deadlines successfully, highlighting your time management strategies and tools that can help you thrive as a Credit Intern.

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What challenges do you foresee in the role of Credit Intern, and how would you overcome them?

A thoughtful response involves recognizing potential challenges, like handling large datasets or mastering tools quickly. Discuss strategies you would employ to learn and adapt, showcasing your proactive attitude and willingness to grow in the Credit Intern role.

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Why do you want to intern at Assured specifically?

To address this question, research Assured and mention their unique position in Financing Subscription Services. Provide specific reasons such as their corporate culture, innovative projects, or the mentorship opportunities that draw you to the firm for your internship.

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Can you explain the parent-child relationship between Limited Partners and how it applies to credit analysis?

Prepare for this question by discussing your understanding of parent-child relationships in finance. Emphasize its relevance for accurate credit analysis and explain how you'd approach creating a clear record of these relationships, which is essential for the Credit Intern role.

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What do you hope to learn during your internship at Assured?

Focus on skills and knowledge you wish to gain, such as practical financial analysis, teamwork in a professional environment, or insights into structured finance. This shows your eagerness to maximize your time as a Credit Intern.

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How do you deal with feedback and criticism?

Introduce an instance where feedback significantly improved your skills or work approach. Demonstrate that you're open to constructive criticism, which is crucial in developing as a Credit Intern and contributes positively to the team.

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What do you believe is the most critical skill for a Credit Intern?

Articulate that attention to detail is paramount in credit analysis, supported by examples of how this skill has benefitted you in the past. Emphasize its importance for precise data handling and analysis work expected of a Credit Intern.

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Assured Guaranty brings additional certainty to the not-too-risky world of public finance. The Bermuda-based holding company provides financial guaranty insurance and reinsurance, as well as mortgage guaranty coverage, through its operating subsid...

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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$58,240/yr - $66,560/yr
EMPLOYMENT TYPE
Internship, on-site
DATE POSTED
January 15, 2025

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