Alpha FMC | AWM & Alternatives Consulting Intern (2027)

Job description

# **About Alpha FMC** **Who We Are** Alpha Financial Markets Consulting is the leading global consultancy to the financial services industry, partnering with many of the world's largest asset managers, wealth managers, insurers, and alternative investment firms. Since our founding in 2003, Alpha has grown to more than 1,400 consultants globally, serving over 950 clients across North America, Europe, and APAC. We help clients solve their most complex business, operational, technology, and transformation challenges. From strategy and operating model design to data, digital, and technology implementation, our teams work alongside clients to drive meaningful change across the investment management and financial services landscape. Our consultants support organizations across traditional asset and wealth management as well as private equity, private credit, real assets, infrastructure, and insurance. Whether helping an asset manager improve its operating model, supporting a private markets firm through a technology transformation, or enabling better use of data and analytics, we combine deep industry expertise with hands-on delivery to create lasting impact for our clients. At Alpha, you'll work directly with industry leaders, gain exposure to a wide variety of projects and clients, and develop skills that span consulting, technology, operations, strategy, and financial services. While many consultants build expertise within a particular practice area, our collaborative culture encourages learning across teams and disciplines. Most importantly, Alpha is built around its people. We pride ourselves on fostering a supportive, entrepreneurial, and close-knit environment where individuals are empowered to grow their careers, build meaningful relationships, and make an impact from day one. Through comprehensive training, mentorship, social events, and a strong commitment to diversity, inclusion, and community, we strive to create a place where talented people can do their best work and build long-term careers. **About the AWM Consulting Internship Program** The Asset and Wealth Management (AWM) Consulting Internship Program is a fast-paced, ten-week opportunity to jump-start your consulting career. Based in our New York or Toronto office, you'll work directly with clients and gain hands-on consulting experience through direct exposure to senior management teams at some of the world’s largest asset managers, all while contributing to key internal initiatives. New Consulting Interns kick things off with an ‘Alpha Internship Training Program’ designed to build key consulting skills and a solid network within your cohort. Following the Internship Training Program, you will likely be working on a client engagement with a small to medium sized team (2 to 6 consultants). As advisors to the world’s top asset and wealth managers, you’ll be working alongside senior executives from the industry and helping them to solve their most challenging business problems and achieve their goals. As for where you will work, our teams typically split time between working from home, your local Alpha office, and client site. If your client is based in the same city, the amount of office time will vary depending on the client expectations (some clients don't ask us to be in their offices at all, others up to 4 days per week). If your client is based in a different city, travel to the client would typically only be required for key meetings or project milestones. Alpha believes in supporting its interns through development and coaching – you will receive frequent mentoring from your colleagues, including a senior colleague from Alpha North America who will help you grow and achieve your career goals. You'll also have an Alpha Buddy at the Analyst level to help you settle in and get the most out of your time here. At the end of your internship, strong performers may receive an offer to join us as a full-time Analyst after completing their degree. **What are the role responsibilities?** At Alpha, you will work in teams to identify and implement solutions for a range of issues facing asset and wealth managers. Over the course of the summer, you will collect and analyze data, prepare, and test hypotheses, and present recommendations to the client to solve their unique business challenges. *As a Consulting Intern, you will be responsible for:* - Following the project delivery plan and producing accurate, complete, and timely deliverables to support your project team - Supporting the creation of client deliverables by assisting in the facilitation of client meetings and workshops, maintaining project plans, performing analysis in Excel, and providing effective content creation (e.g., PowerPoint) - Developing meaningful and successful relationships with clients and vendors by acting as a helpful and respectful point of contact for stakeholders - Contributing to the wider Alpha community by participating in one or more of Alpha’s business management or practice areas - Maintaining a high-level understanding of the challenges facing the Asset & Wealth Management Industry # **Choose Your Division** As part of your application, you’ll select the division(s) you’re most interested in joining. Below you can find a high-level overview of the divisions: ## **Asset & Wealth Management (AWM) Management Consulting** Alpha's Asset & Wealth Management Consulting team partners with some of the world's largest asset managers, wealth managers, and investment firms to solve complex business challenges and drive strategic change. Our consultants help clients improve operating models, enhance client and advisor experiences, navigate industry change, and deliver large-scale transformation initiatives across their organizations. **A Day in the Life** As an Intern, you'll work as part of a consulting team supporting high-impact projects for leading investment firms. Your day may include analyzing data, conducting industry research, building presentations for senior stakeholders, participating in client workshops, and helping develop recommendations to solve business challenges. You'll gain exposure to strategy, operations, technology, and organizational transformation while working directly with experienced consultants and client leaders. ## **Alpha Alternatives** Alpha Alternatives partners with leading private equity, private credit, real assets, infrastructure, asset management, and insurance firms to solve complex business, operational, and technology challenges. Consultants work alongside clients to improve how investments are managed, data is leveraged, and organizations operate—helping firms transform and scale in an increasingly digital world. **A Day in the Life** As an Intern in Alpha Alternatives, you'll work as part of a consulting team supporting client projects across the alternative investments industry. Your day may include analyzing data, conducting research, building presentations, gathering business requirements, participating in client meetings, and helping develop solutions to operational and technology challenges. You'll gain exposure to the full investment lifecycle—from deal origination and portfolio management to performance reporting, risk management, valuations, and enterprise transformation initiatives. # **Qualifications — All Groups** **Who We're Looking For** This opportunity is open to undergraduate and non-MBA master's students graduating between **September 2027 and June 2028.** We're looking for highly motivated individuals who are excited by problem-solving, consulting, and the opportunity to make an impact from day one. Successful candidates will typically demonstrate: - A genuine interest in financial services, consulting, and helping clients solve complex business challenges - Strong analytical and problem-solving skills, with the ability to think critically and approach problems in a structured way - Intellectual curiosity and a desire to continuously learn, develop, and take on new challenges - An entrepreneurial, collaborative, and "builder" mindset with a willingness to roll up your sleeves and contribute wherever needed - Excellent written and verbal communication skills, with the ability to articulate ideas clearly and confidently - Strong organizational skills and the ability to manage multiple priorities in a fast-paced environment - Leadership experience through academic, professional, extracurricular, athletic, volunteer, or personal pursuits In addition, candidates must: - Be available for the duration of the internship: June 14, 2027 – August 20, 2027 - Be willing and able to work from our NYC office for the duration of the internship, with an expectation of ~3 days per week in-office - Be willing to travel as needed for client engagements, workshops, and team events (significant travel is not typically required) # **Compensation and Perks:** - A base salary of $85,000 USD (pro-rated for the duration of the program). with discretionary bonus scheme based on company and personal performance - 401k matching - North America team-wide training and employee appreciation retreats - If you convert to a full-time offer, continued education, learning, and development in your first year as part of the Grad Analyst Program # **Recruitment Process** 1. **Application** Submit your application, resume, and preferred practice area(s). 2. **Assessment** Following the application deadline, eligible applicants will be invited to complete the CCAT and EPP assessments. Together, these assessments should take approximately 20–30 minutes to complete, and candidates will have around five days to submit them. 3. **One-Way Video Interview** Selected candidates will advance to a one-way video interview. This stage should take approximately 5–10 minutes and will focus on your interest in Alpha, your understanding of the firm, and how your experiences and background align with consulting. 4. **Behavioral Interview** Behavioral interviews will be conducted virtually via Microsoft Teams and will last approximately 30 minutes. During this conversation, we'll explore your background, motivations, and interest in Alpha, along with a few traditional behavioral questions. Please be prepared to discuss your experiences and how you would contribute to the firm. Interviewers may come from outside of your selected practice area(s), as we take a firmwide approach to evaluating talent. 5. **Super Day (Case Interview)** Selected candidates will move on to a virtual Super Day, consisting of a 60-minute case interview. This stage is designed to assess the skills consultants use every day, including problem-solving, structured thinking, analysis, communication, and creativity. Candidates will interview with members of their selected practice area. 6. **Final Round Interview** The final stage is a 30-minute interview with senior leadership from your selected practice area(s). This conversation is an opportunity for us to learn more about you and for you to gain additional insight into the team and role.