2027 Credit Alternatives Summer Internship

Location: New York

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships.  We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.

2027 Credit Alternatives Summer Internship

We’re looking for sharp minds and bold thinkers to join our internship program - your pathway to real-world finance, global markets, and the kind of professional development that sets you apart. We value our internship programs as they help us identify our future hires and leaders.

What You’ll Experience in BBH’s Internship Program:

Overview: Experience a dynamic 10-week internship where you will be fully immersed in BBH’s culture and business needs

Hands-On Learning: Work alongside experienced professionals on real projects that support business objectives

Mentorship That Matters: Work side-by-side with industry leaders and BBH owners (Partners and Principals) who are invested in your growth

Professional Development: Sharpen your skills through workshops, speaker series, and networking events designed to accelerate your career. Receive continuous and personalized feedback throughout the program – empowering you to grow, refine your skills, and help you navigate your path to success

Collaborative Environment: Join a tight-knit team where your ideas are heard, your contributions matter and your potential is unleashed

On-Site Presence: Immerse yourself in our company culture and accelerate your professional development with your daily in-office presence

Community: Make a positive impact by volunteering in our philanthropic program – BBHcares while connecting with fellow BBHers

BBH’s Credit Alternatives investment unit focuses on alternative opportunities in swiftly growing segments of the credit markets, including asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs) and business development companies (BDCs).  Its experienced investment team is a lead investor in all of these segments.  The Credit Alternatives investment team manages over $12b AUM, which are a key constituent of BBH’s structured fixed income strategy (on behalf of dozens of SMA clients and multiple commingled funds) as well as BBH’s taxable fixed income strategies. In addition to debt investments, the team is also an active investor in difficult to source, higher return equity and residual investments that are in high demand from alternatives investors.  The team is entrepreneurial in its search for value, leverages its deep relationships with hundreds of issuers and underwriters, and commits to the highest level of integrity in its analysis and investment process.

As a summer intern on the Credit alternatives team, you will gain valuable insight into responsibilities of an entry-level analyst on the team including, evaluating structured fixed income securities, making investment recommendations and helping evaluate other proposed investments in a team context, with a particular focus on Collateralized Loan Obligations (“CLOs”). You will learn the durability, management and financial structure of individual structured fixed income issuers, as well as sector dynamics, and valuation discrepancies between securities, sectors and grades.

What can you expect from an Internship with BBH’s Credit Alternatives Group?

Financial modeling and analysis of structured fixed income securities

Recommend investment actions for structured fixed income securities, based on credit risk, and quantitative research and analysis.

Work with fixed income traders and other analysts to identify, evaluate and locate potentially mispriced corporate bonds.

Research and document credit recommendations in designated industry sectors.

Provide the trading desk with pricing guidance for new purchases.

Analyze the overall financial strength and risk of individual issuers.

Analyze market and pricing trends, plus yield and duration considerations between different fixed income sectors.

Monitor credit of securities, in the designated industry sectors, and take action as appropriate.

Discuss individual investments and our investment process appropriately and compellingly with clients.

Present and discuss covered sectors and individual recommendations.

Communicate investment performance to analysts and client relationship teams.

Maintain fluency in applicable regulations, as well as internal policies and procedures.

Encourage and demonstrate strong team behaviors - help your colleagues make better investment decisions.

What BBH’s Credit Alternatives Group looks for in an Intern:

Current junior in college, entering senior year in fall of 2027 with a background in and passion for finance, business, or investing

Strong academic achievement as evidenced through a GPA of 3.5 or higher

Exceptional quantitative analytic capabilities

Demonstrated leadership skills through academic and extracurricular activities

Effective communication skills, written and verbal

Strong understanding of asset management industry and security markets (equities and fixed income)

Demonstrated ability to think creatively and strategically

Sound judgment and demonstrated ability to identify, escalate and resolve a problem

Ability to prioritize competing demands

Demonstrated passion for teamwork and success

Advanced proficiency in Excel and PowerPoint, i.e. customizing charts and graphs, conducting multi-sheet analysis, linking data across workbooks, and using advanced formulas

Ready to Apply?

Applications for BBH’s 2027 Summer Internship Program close October 2nd, 2026. Don’t miss your chance to work alongside industry leaders, gain hands-on experience, and immerse yourself in a culture of excellence. Apply early to secure your spot and start building your futu