Asset Management Chief Operating Office (COO) Internship 2027 - London in City of London

Begin your career journey in our Asset Management Chief Operating Office (COO): Join M&G’s eight-week Summer Internship. Join us on 28 June 2027 for an eight week internship to gain hands‑on experience, develop technical and professional skills, and see how our Asset Management Chief Operating Office (COO) function powers a global investment business from trade execution and client serving to technology, data and AI.

Your journey will start with a cohort-wide induction, with focused insight sessions to help you learn more about M&G, network with colleagues, and begin developing your professional skills. You will take part in a structured programme, including:

• Team Placement: Join one team for eight weeks where you will work as a member of the team with real day-to‑day responsibilities, contribute to live projects and learn from experienced colleagues to gain a solid understanding of the COO function within the Asset Management business.
• Group Project: An opportunity to collaborate with your peers on a live strategic challenge, developing teamwork and problem solving skills and presenting your recommendations back to the business at the end of the programme.
• Professional Development: Take part in interactive learning sessions and networking opportunities designed to grow your expertise and build your professional network.
• Your Support Network: Regular check-ins with the Early Careers Team, your manager, and a buddy will ensure you have all the support you need during the programme.

This internship is your first step toward a career in Technology. At the end of the programme, you’ll have the opportunity to apply for one of our Graduate Programme starting in September 2028.

What will I be doing? The COO function is central to the success of Asset Management, ensuring our business runs efficiently and effectively. It provides the operational backbone that supports investment activity and delivers exceptional client service, while driving strategic change across the organisation. The COO function spans a diverse range of teams and responsibilities, including:

• Dealing and Implementation: working with our Front Office teams to ensure accurate and timely trade execution.
• Operations: including Middle Office and Valuations; managing the full trade lifecycle, client servicing, and operational processes.
• Supplier Management: overseeing relationships with key third‑party providers.
• Business Risk and Controls Management: keeping our operations resilient and well‑controlled.
• Technology: including Data, AI and Analytics; designing and building the platforms and data capabilities that power the business.

An internship in the COO function will give you a unique insight into the inner workings of a global investment firm and the pivotal role we play in driving innovation, optimising processes, and ensuring we deliver the highest standards for our clients. As an intern, you could be involved in a range of activities such as:

• Vendor and Supplier Management: supporting the commercial management of external vendors and service providers.
• Product Development Support: working as part of a team to design and deliver solutions for new investment capabilities and product challenges.
• Risk and Control Frameworks: learning how operational controls are designed and implemented, while partnering with the business to ensure risks are effectively managed.
• Data, AI and automation: exploring how technology can improve client experience, reporting and efficiency.

This is an opportunity to see how strategy and operations come together to keep our business running smoothly and evolving for the future.

What are we looking for? We’re seeking candidates who are curious, motivated, and eager to learn, with a genuine interest in building a career in operations, technology or risk within asset management. You should bring a proactive mindset, a willingness to take on challenges, and a passion for understanding how a global investment business operates. Successful candidates will bring:

• Analytical thinking and problem‑solving skills.
• Strong attention to detail.
• Strong communication and collaboration skills.
• Comfort with technology and digital tools, and curiosity about how data and AI can improve the way we work.
• Ability to build and maintain strong professional relationships across teams and stakeholders.

We welcome applicants from all degree disciplines and value diverse perspectives and experiences.

Minimum Requirements

• Expected graduation date of Summer 2028 (You will be a penultimate year student, or final year student intending to study a Master’s degree).
• Available to start the programme on 28 June 2027.
• Right to Work in the UK at the time of application - we are unable to provide visa sponsorship for our internship programmes.

Rewards and Benefits

We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future. Our UK benefits include:

• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days.
• Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
• Our market‑leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
• Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G.

Diversity and Inclusion

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience. M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application. We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying.