- Graduates & Internships
- (BST)
- Aberdeen Asset Management
- Graduates & Internships
- Departments and Teams
“Graduates bring many benefits to the department not least in their capacity for learning, thirst for knowledge, willingness to work hard and the fresh perspective they bring to the day to day work of the department.”
Audrey McNair,
Internal Audit
Departments and teams
Find out about the Aberdeen teams you could be joining
As a graduate or intern with Aberdeen, you could be based in a variety of teams across the business.
Business
Distribution
Investment
Alternative Strategies
Our Alternative Strategies department manages client investments, both in pooled funds and by creating individual, client-specific portfolios using Specialist Equity, Fund of Hedge Funds, Multi-Asset and Multi-Manager strategies.
Currently, the department manages c£29 billion of assets globally. We aim to provide client portfolios and funds that diversify and control risk while optimising returns.
Business Development
The aim of the Business Development department is to maximise sales and retention of assets. We also formulate and maintain sales strategies. There are two teams: one targets financial institutions and one targets non-financial institutions.
Business Risk
The Business Risk department has overall responsibility for operational and counterparty risk within Aberdeen itself. It’s responsible for maintaining the group’s Risk Management Framework.
Compliance
The Compliance department aims to make sure best practice standards of compliance apply throughout regulated operations, and that the company complies with the FSA’s High Level Principles.
As well as its monitoring activities, the department is the main source of compliance consulting and advice to management on FSA and overseas regulatory requirements.
Equities
Our Equity Investment teams are generally located in the regions and markets in which they invest. Our UK-based investors are in London and Edinburgh and cover Global Emerging Markets, Global Equities and Pan-European Equities. From company visits and analysis carried out regionally, through to portfolio construction decisions, we adopt a team approach in our equity process.
Fixed Income
Our Fixed Income active management style exploits market inefficiencies in interest, currency and other areas to add value for our clients. The teams all emphasise the importance of proprietary research, and also use derivatives, such as interest rate and credit default swaps, to add value and match liability exposures. Product teams also set clients’ investment strategy and evaluate risk.
Group Marketing
The UK and Euopean marketing department deals with marketing activity in these territories. It supports business development and retention for the business units and channels. In the UK, we have a marketing desk and an e-marketing desk.
Institutional Client Service
This department deals with clients – answering queries, dealing with complaints and making sure the client receives correct terms. They also ensure that initial deals are processed smoothly.
Internal Audit
This department is responsible for providing an independent assessment of the group’s control environment. Though independent, the team work closely with the business to provide risk and control advice and assurance.
We audit all aspects of operations in all locations, and are actively involved in change management. We also investigate issues arising within the business, including fraud investigations.
Investment Operations
The Investment Operations team support the investment management process. This includes:
- Monitoring trade processing and settlement issues across all transaction types
- Managing transition events
- Providing all product and client reporting relating to our products and mandates
We also oversee core back office functions that are outsourced to third parties.
Technology
Aberdeen's technology department is deployed in over 25 countries and supported by three technology teams: Business Systems, Web Applications and Infrastructure Technology.
They are responsible for developing, deploying and supporting all key business systems / IT infrastructure in the organisation.
Performance
This department measures, analyses and reports on the performance of all equity and fixed income portfolios managed by Aberdeen.
They are also responsible for the group’s compliance with Global Investment Performance Standards. The department consists of a Performance Measurement team and a Performance Reporting team.
Product Development
This team project-manages product change, in relation to new product launches, existing fund consolidations, changes to existing funds and fund closures.
The team coordinates the work needed from all affected parties such as distribution, fund services and investor services, as well as liaising with our legal teams to agree the detailed change specification.
Property
Aberdeen is one of Europe’s leading independent property investment managers, currently managing some c£22 billion of assets in Europe, Asia and North America through property funds and separate account mandates.
Our clients are solely third party clients and primarily institutional investors. We have around 400 property professionals at offices in 14 countries.
Request for Proposals (RFP)
Based in London, the RFP team replies to search-related requests from investment management consultants, clients and prospects. These include:
- RFP and consultant questionnaires
- Database updates
- Other requests
They work with internal departments to draw up marketing responses, and are responsible for supporting business development needs in the UK, Europe, Middle East and Africa.