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Investment Office Intern (College)

Commonwealth Of Pennsylvania
$17.00 Hourly
dental insurance, vision insurance, parental leave, vacation time, paid time off, paid holidays, sick time, retirement plan
United States, Pennsylvania, Harrisburg
Dec 23, 2024

THE POSITION

Did you know that the Public School Employees' Retirement System's (PSERS) is one of the top 25 largest public pension funds in the US supporting more than 500,000 active and retired PA teachers? Are you a college Junior or Sophomore who likes working with numbers, or is curious about current events and global trends, and has a passion for managing money? Then PSERS has the perfect opportunity for you!



DESCRIPTION OF WORK

As an Investment Office Intern, you will work directly with the PSERS Investment Office (IO) staff across Public, Private, Risk, and Operations roles to review portfolio performance, support investment recommendations, understand and adjust risk monitoring, and oversee the operations of a large and complex pension fund. Each intern will be assigned a supervisor within one of the departments outlined above who will lead their daily work schedule, while also benefitting from specific programming providing a broader overview of the overall pension fund.

Upon completion of this internship, you will have learned:

  • How investment operations are managed and executed in a governmental pension setting
  • First-hand, real-time knowledge of and experience working with associated investments
  • Best practices for investment operations, research, project management, and communications

Interested in learning more? Additional details regarding this position can be found in the position description.

Work Schedule and Additional Information:

  • Full-time internship, expected to run for 10 weeks throughout the 2025 summer (June to August) for 37.5 hours per week.
  • Work hours are 8:00 AM - 4:30 PM, Monday - Friday, with a 30-minute lunch.
  • The summer internship will follow PSERS teleworking policy, which is expected to include in person training at PSERS Harrisburg, PA headquarters, require Pennsylvania residency during the internship, and otherwise accommodate remote work as agreed with the intern's manager.
  • Salary: In some cases, the starting salary may be non-negotiable.
  • You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY

QUALIFICATIONS

Internship Requirements:

  • Fulltime student (12 credits for undergraduates and 9 credits for graduate students).
  • Enrollment in a post-secondary education program for the next semester.
  • Be in good academic standing (GPA of 2.0 or higher).
  • Be at least eighteen years of age.

Additional Requirements:

  • You must be reliable and detail-oriented with excellent organizational aptitude.
  • You must have a positive "can-do" attitude and strong work ethic.
  • You must work well with others in a team environment.
  • You must have the ability to multi-task and maintain focus in a time-sensitive environment.
  • You must have strong written and verbal communication skills.
  • You must be proficient in Microsoft Office applications, including Word, Excel, and PowerPoint.
  • You must be able to perform essential job functions.

How to Apply:

  • Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
  • If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.
  • Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
  • Failure to comply with the above application requirements may eliminate you from consideration for this position.

Veterans:

  • Pennsylvania law (51 Pa. C.S. *7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.employment.pa.gov/Additional%20Info/Pages/default.aspx and click the Veterans' Preference tab or contact us at ra-cs-vetpreference@pa.gov.

Telecommunications Relay Service (TRS):

  • 711 (hearing and speech disabilities or other individuals).

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.


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