
Middle Office Intern – Operations, Compliance & Risk
China Life Franklin Asset Management Co., Ltd Hong Kong
Middle Office Intern – Operations, Compliance & Risk
CLFAMC 2027 INTERNSHIP PROGRAM – APPLY NOW
China Life Franklin Asset Management Co., Ltd. ("CLFAMC") is a joint-ventured asset manager formed by two global financial powerhouses — China Life Insurance Group and Franklin Templeton Investments. Founded in 2007, we have grown into a major player in the regional asset management industry, managing over HK$250 billion in assets from Hong Kong. That momentum is built by people — and we're looking for the next generation to carry it forward. We are now accepting applications for internship opportunities across our Frontline Investments, Middle Office and Operations Teams. If you are in your penultimate or final year of study and ready to transform your skills into real-world career experience, apply now.
OVERVIEW
The CLFAMC 2027 Summer Internship Program is a 2+ months internship, requiring 3–5 days per week. During the program, you will receive day-to-day training and take part in activities designed to help you gain insight into how Asset Management industry operates. You will work on real responsibilities alongside fellow interns and our people. Beyond professional skills, you will gain a network in the financial industry and the opportunity to join our Graduate Talent Pool if you excel during your internship.
Each program enables you to rotate between teams within the related functions. If you are a people person who enjoys a good challenge and thrives on moving between teams, you will have a greater chance to succeed in this Internship Program.
ABOUT THE ROLE
We are looking for a motivated and detail-oriented student to join our middle-back-office team. This internship offers equal exposure to Risk & Compliance and Operations, giving you a complete view of how an asset management firm operates — a full cycle from trade execution, post-trade affirmation, settlement, through custodian communications, reconciliation, fund accounting and NAV reporting, to data governance, risk modelling, compliance checks, and risk reporting.
KEY RESPONSIBLITIES
Operations Rotation
This rotation is designed to help you understand the operational backbone of an asset management firm. You will:
- Support daily fund operation duties, including trade affirmation, position reconciliations, cash management, corporate actions, and settlement.
- Liaise with trusts, custodians, and securities firms to support daily transaction processing.
- Help generate daily reports (e.g., cash and position/holding reports) and assist in preparing valuation and NAV statements.
- Help document workflows and improve operational manuals.
- Support the mid-/back-office project to improve asset management investment system.
- Participate in data governance projects and perform any ad-hoc tasks assigned by the Operations Team.
- Provide support to the finance team
Risk & Compliance Rotation
This rotation is designed to help you develop a foundational understanding of risk management in an asset management setting. You will:
- Assist in building and maintaining risk models for portfolios across different asset classes.
- Support the preparation of risk reports to aid the decision-making process.
- Learn to identify and measure risks related to evolving market conditions.
- Compliance check on internal investment behavior.
- Study the company's ongoing and upcoming initiatives to ensure they fall within acceptable risk exposure and help cross-check internal procedures and policies against the risk framework and principles.
- Assist in producing written risk reports in a timely manner for stakeholders.
- Assist in the oversight functions that monitor the firm's activities and operational processes to meet internal and regulatory standards.
WHO WE ARE LOOKING FOR
- Current students or fresh graduates in Financial Modelling/Engineering, Economics, Mathematics, Risk, Statistics, Computer Engineering, Finance, Accounting, or related disciplines. Prior internship experience in an asset management environment is preferred.
- Technical Skills: Basic programming skills (e.g., Excel VBA) are required. Familiarity with risk models or fund operations systems is a plus.
- Financial Knowledge: Basic understanding of risk management concepts, financial statements, and fund operations.
- Soft Skills: Excellent communication skills with great team spirit. Proactive, detail-oriented, focused, and well-organized. Strong initiative, and willing and capable of handling multiple tasks simultaneously.
- Language Proficiency: Fluent in spoken Mandarin and English, with excellent written Chinese and English.
FOR APPLICATION
Interested parties, please send a detailed resume to the Human Resources Team by email (hr@clamc.com.hk). Our process is designed to be objective and fair. All applications will be treated with strict confidentiality. Personal data collected will be used for recruitment purposes only and strictly in accordance with the employer's personal data policies. Personal data of unsuccessful applicants will be retained for no longer than two years from the date of application. We regret that only short-listed candidates will be notified. If you do not wish the employer to retain your data for future recruitment exercises, please request immediate destruction of your data.