Spend the summer gaining real world experience.Applications for our Internship Programmes are now closed and will open again in the summer of 2021.
Business Operations teams are often described as the ‘oil in the machine’, not seen on the outside but keeping everything within the firm running smoothly. Made up of over a dozen interconnected functions that are critical to the success of our business, their responsibilities include liaising with clients directly on accounting and administration matters, and reconciling trades with custodian banks or analysing operational risk.
Our 8-12 week summer placement offers a range of opportunities in several different functions so you can select the opportunity that best matches your skills and aspirations. All provide tailored training and support including a comprehensive induction, access to training courses and an individual learning plan. You’ll also benefit from your own learning journal so you can record your achievements and the skills you’ve gained. Whichever area you choose, you’ll be seen as a real member of the team, contributing to live projects and exploring how the business works.
Client Administration is the first port of call for our clients on all operational and administrative matters. They cover a range of key areas, including recording all investment activity and income for institutional clients, and reporting back to clients using a bespoke in-house system. In addition, the department is responsible for billing and credit control.
Our Communications and Marketing Operations department is made up of six teams that provide key operational support to the Clients department and the wider firm. Their focus is on developing all of our communication and marketing activity to clients, consultants and prospects on a global basis.
Our Human Resources department provides support and advice to managers and staff on all HR and Development matters. Within the department, our Talent and Development team designs and delivers bespoke training and development programmes, whilst our Operations team focuses on providing advice on employment matters, recruitment support and acting as the first point of contact for all transactional HR enquiries.
Our Compliance department protects our clients, the firm and our staff by fostering compliant and ethical outcomes. The team’s aim is to minimise the likelihood of compliance risks while managing regulatory risk within the agreed risk appetite. The department is made up of four teams: Monitoring, Ethics and Conduct Assurance; Regulatory Developments & Advisory; Policies, Training & Regulatory Reporting; and Anti Money Laundering.
Our Business Improvement team’s mission is to deliver a dedicated resource that supports the firm’s Client Servicing, Administration and Operational areas in the continuous improvement of their business functions. We also work on product development, liaising closely with business users and developers to implement tailored applications.
This department’s role is to support the wider business by identifying and managing all legal and regulatory risks. Our activities focus on contract negotiation and facilitating investment management agreements to support segregated business, unlisted investments and dispute resolution, and data protection compliance – as well as pooled funds work including product development and analysis, product governance and company secretarial services.
We’re looking for go-getters who can grasp this outstanding opportunity and learn everything they can about their business area, Baillie Gifford and the wider investment management industry. First-rate communication and organisation skills are essential, so you’ll need to show evidence of these in your application.
In the past, some of our students have been finishing their penultimate year, while others were finishing their first or second years. We’ve also welcomed people from a wide range of subject areas including geography, physics and engineering. The most important thing is that you’re enthusiastic, ambitious and keen to learn about our business.
“I was given the freedom to manage my own time on a project I was working on and it was very satisfying to see that my work was valued by experienced professionals.”Claire Maginnis,
Complete a short online application form covering your educational history, and some competency skills. We will review your application to find out more about you and assess whether you have the ability, attributes and curiosity to take on a placement.
If you are successful in the first phase, we will invite you for an interview with our Operations professionals. We will look at your application with you and discuss the academic and professional choices you have made so far. We will also ask you to answer competency-based questions that assess your abilities and experience.
By the time I finished my law degree, I knew that I didn’t want to work in the profession but I wasn’t sure what else I could do. While researching potential new areas I found out that Baillie Gifford offers summer placements open to any degree background. I was offered a placement in the Mandate Compliance department, which I thought would be an interesting opportunity to use my legal skills in a different way.
It was good to be given the freedom to manage my own time on a project, but also have a supportive team around me who were always happy to answer any questions I had. I was also able to meet with lots of other departments that interact with the team, which was a great way to learn about the wider business.
After I finished the placement in the summer, I joined the firm permanently in November 2015 within the Mandate Compliance team and have since moved to the Governance and Sustainability team. When I first started back, one of the things I noticed was that the team was using and referring to the document I created for my project! It was very satisfying to see that all my work was valued by experienced professionals.
I was surprised by the culture at the firm. Everyone is really happy to spend time with you and impart knowledge. But also, even when I was on the placement, they were interested in finding out about me. The partnership structure of the firm makes a big difference, as you feel like everyone here has a vested interest in what they’re doing and wants to succeed.
When I finished my undergraduate degree, I worked for some international development charities. This is when I became interested in how organisations engage with their staff and decided to do an HR qualification. Rather than apply for jobs after my Masters, I wanted to get a placement that would give me an oversight of the whole HR function and help me find the right specialism in which to build my career. I applied to Baillie Gifford because they have a large HR department and a reputation for looking after their staff.
As I had already worked for nearly two years before my Masters, I was slightly concerned that the placement wouldn’t be challenging enough. I needn’t have worried as I’ve been given a great mix of responsibilities. As well as helping with day-to-day tasks, I’ve been working on longer terms projects to develop an internal training course and research a new recruitment initiative. The work has been challenging, but also incredibly rewarding.
It’s a really supportive environment here. Our achievements are acknowledged and they encourage us to learn from any mistakes. I have regular meetings with my line manager to go through any questions or concerns, and she’s always willing to stop what she’s doing to explain things to me.
In order to succeed here you need a positive mindset and to go for everything that comes your way. You have to be proactive. My involvement in several projects came about because I had shown an interest, so I was offered the opportunity to get involved. If you’re ready for a challenge, then you can learn a lot at Baillie Gifford.
My internship was with the recently formed Central Information Management team, which was created to manage all of the data on the firm’s funds. As this team works closely with lots of others around the business, I was able to learn about their responsibilities as well as a number of other functions in investment operations.
During my placement I was finding ways to improve some of the team’s processes and helping them shorten delivery times. I was able to utilise a lot of the skills I’d gained during my engineering degree, such as pitching and presenting ideas as well as analysing data. It didn’t matter that it was an unconventional route into finance either – at Baillie Gifford it’s about the skills and perspective you have rather than what subject you studied.
One of the reasons I decided to apply to the graduate programme was that Baillie Gifford really care about their staff. In engineering, I could have found myself working 14 hour days and living on oil rigs. While at Baillie Gifford I could have a challenging job that I would really enjoy, but also be home in time to have a life outside of work.
I was really impressed by the amount of training offered during my placement, especially because some of the courses were delivered by external providers. The firm was very willing to invest in me, even though I was only there for a short period. Everyone I met was so friendly and willing to answer my questions. Now, I’m on the Business Operations Graduate Programme, I know my internship was an accurate reflection of what it’s like to work here full time.
I applied to a number of different summer internships but what really stood out with Baillie Gifford was their Corporate Social Responsibility agenda. I was interested to see what the firm could offer beyond the usual perception of a financial services organisation. The culture here is all about continuous development. There’s a lot of e-learning and the opportunity for interns to complete courses and go to conferences. It’s also a very inclusive environment and I’ve been fortunate enough to attend a multicultural meeting after the firmwide ‘multicultural awareness week’.
I opted for a placement in HR and am working with the Talent Development team on their company-wide “Aspiring Managers” programme. It’s about helping those who have the potential to be managers to develop their skills in areas such as self-awareness and emotional intelligence. I’ll be interviewing colleagues to see where they’d like to develop, and which resources could help them do this. It’s been a fascinating process, as I’ve got a real interest in human development and learning about how people interact with each other.
Everyone is very friendly and welcoming. A typical day is getting into the office for nine and checking my emails, before starting on my project work. I can use the on-site library in the office for my research, which is great. I was given a book called “Drive” by Daniel Pink, all about motivation, so I’ve been dipping into that too. At lunch, there’s a great restaurant here which is a good place to meet and share ideas with colleagues.
Edinburgh is a very appealing city and has a very relaxed atmosphere. Already a student at the University, I wanted to see what the city was like outside of term. I love spending time in the library and frequenting the Meadows with friends – a great green space in the heart of Edinburgh. Since starting my placement, I can really see myself both living and working here in the future.