UC Investments Summer Intern - Undergraduate

University of California Office of the President (UCOP)

UC Investments Summer Associate Internship - Undergraduate

Position Description

1/31/26

For UCOP internal applicants, please login to the internal candidate gateway at: Jobs at UCOP

UC OFFICE OF THE PRESIDENT

At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills and aspirations to inspire and support some of the greatest minds in the world and those who will follow in their footsteps. Working at the University of California is being part of a unique institution and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and Systemwide. We are passionate people, serving the greater good.

The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research and public service. The University of California Office of the President is the headquarters to the 10 campuses, six academic medical centers and three national laboratories and enrolls premier students from California, the nation and the world. Learn more about the UC Office of the President

DEPARTMENT OVERVIEW

The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) manages $200+ billion of endowment, retirement, and working capital assets under the policies, guidelines, and performance benchmarks established by the UC Board of Regents. Our mission and our fiduciary duty compel us to always act in the best interests of the University of California and to uphold an agile and creative culture of respect and collaboration. The 10 foundational pillars of The UC Investments Way, which are outlined on our website and in our annual reports, underpin all that we do in service of the university and its stakeholders. We are long-term investors and, as such, each of us is a risk manager mindful of helping to ensure the continued vibrancy of our public research university system. Diversity, equity, and inclusion are among the core values of the University of California and its investments division. Our broad and inclusive recruitment efforts center on finding the best person for the position.

POSITION SUMMARY

The UC Investments Office operates across multiple asset classes including public equity, private equity, private credit, real assets, real estate, and absolute return. The UC Investments Office has a full suite of business units including investments, data analytics, risk, ESG, finance, legal, compliance, among others. The Summer Associate Intern will be responsible for supporting the asset class teams, with an emphasis on portfolio analytics and monitoring, quantitative analysis of prospective investment opportunities, and industry research. Interns may rotate across the floor based on needs of the Investment Office. This internship is onsite in Oakland, CA.

RESPONSIBILITIES

30% - Portfolio Monitoring

• Conduct quantitative and qualitative reviews of the investment portfolio
• Analyze performance attribution and performance benchmarking
• Create presentation and reporting materials for internal and external stakeholders
• Monitor portfolio companies for the achievement of Key Performance Indicators (KPIs)
• Review portfolio with various business functions

30% - Investment Research

• Support asset class teams to screen, monitor, and invest in attractive opportunities and investment managers through research, due diligence meetings, and portfolio analysis

• Support, track, and monitor all phases of the investment process, investment performance, and risk from various perspectives

30% - Capstone Project

• Complete and present the insights of a summer long capstone project focused on a theme or sector deep dive pertinent to the UC Investments Office

10% - Cross Functional

• Provide generalist support for investment and operations functions, with the ability to intersect across multiple workflows and deliver flexible, ad-hoc support when needed

QUALIFICATIONS

Required Qualifications

• Understanding of and/or demonstrated interest in institutional investing and pension / endowment management
• Understanding of company financial statements and key financial performance and valuation ratios
• Advanced financial modeling capabilities preferred
• Ability to independently conduct research projects and synthesize findings along tight timelines
• Excellent organizational, interpersonal, and communication skills with attention to detail
• Currently pursuing a graduate degree from the University of California

Education

• Bachelors degree or degree in progress at the University of California with an expected graduation in 2027 to 2030

SPECIAL CONDITIONS

• This position is based in Oakland, CA. The selected candidate must reside within the state of California, or be willing to relocate, and will be required to report to work in person in Oakland, CA on a regular schedule

• The expected start date for this position is June 2026

SALARY AND BENEFITS

Pay scale: $17.00-$27.00/hr

Internal job title: STDT 3.

Job Code 004920.

The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position, and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.

Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging

HOW TO APPLY

Please be prepared to attach a cover letter and resume with your application.

APPLICATION REVIEW DATE

The first review date for this job is 3/3/2026. The position will be open until filled.

CONDITIONS OF EMPLOYMENT

Background Check Process: Successful completion of a background check is required for this critical position. Background check process at UCOP

Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy

As a condition of employment, you will be required to comply with the University of California Policy on Vaccination Programs, as may be amended or revised from time to time. Federal, state, or local public health directives may impose additional requirements.

As a condition of employment, the finalist will be required to disclose if they are subject to any final administrative or judicial decisions within the last seven years determining that they committed any misconduct, are currently being investigated for misconduct, left a position during an investigation for alleged misconduct, or have filed an appeal with a previous employer.

• "Misconduct" means any violation of the policies or laws governing conduct at the applicant's previous place of employment, including, but not limited to, violations of policies or laws prohibiting sexual harassment, sexual assault, or other forms of harassment, discrimination, dishonesty, or unethical conduct, as defined by the employer.
  • UC Sexual Violence and Sexual Harassment Policy
  • UC Anti-Discrimination Policy for Employees, Students and Third Parties
  • APM - 035: Affirmative Action and Nondiscrimination in Employment

EEO STATEMENT

The University of California is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or other protected status under state or federal law.

The University of California, Office of the President, strives to make this job board accessible to any and all users. If you have comments regarding the accessibility of our website or need assistance completing the application process, please contact us at: Accessibility or email the Human Resource Department at: epost@ucop.edu.