Investments Intern

NY HELP No

Agency Insurance Fund, State

Title Investments Intern

Occupational Category Financial, Accounting, Auditing

Salary Grade NS

Bargaining Unit PS&T - Professional, Scientific, and Technical (PEF)

Salary Range From $23.55 to $27.67 Hourly

Employment Type Full-Time

Appointment Type Temporary

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address 199 Church St

City New York

State NY

Zip Code 10007

Duties Description This internship is in NYSIF's Investment Department, which oversees approximately $21 billion across multiple asset classes. This summer, the team is seeking high-performing and highly motivated candidates to join various teams within the department. The internship will give insight into NYSIF's Investment activities, including the implementation of several exciting strategies across the portfolio, specifically in the Alternatives, Sustainable Investing, Corporate Fixed Income, and Portfolio Management teams.

Minimum Qualifications - Be actively enrolled in a New York State college, university, or graduate program, or be a resident of New York State, attending a college, university, or graduate program outside of New York State- Have completed a minimum of one (1) year as a student at a degree-granting two or four-year college or university (completion of one year's worth of academic credits over a longer period may qualify part-time students for participation in the program)- Have a minimum grade point average (GPA) of 3.3, or the letter grade equivalent- Able to work full-time Summer (up to 37.5 hours per week)Team specific Minimum Qualifications:- Corporate Fixed Income Team: Applicants should have a strong foundation in company analysis, corporate finance, and economics, with the ability to interpret financial data and evaluate investment-grade securities.- Portfolio Management Team: Proficiency in coding and programming languages such as Python, R, VBA, or similar tools for financial modeling and data analysis. Interest in Financial Markets: Strong enthusiasm for understanding and analyzing market trends, portfolio strategies, and investment dynamics.- Alternatives Team: Specializes in private equity, private debt, and real assets investments. Interns will assist in market research, fund manager due diligence, portfolio monitoring as well as ad hoc project(s). Familiarity with financial statement analysis and high level of proficiency in Microsoft Excel is preferred.- Sustainable Investing Team: Interns will evaluate ESG risks, analyze sustainable investment opportunities, and support the development of climate-related frameworks. Interns should have strong writing and quantitative skills, with familiarity in statistical data analysis to evaluate ESG risks, identify sustainable investment opportunities, and support climate-focused strategies and frameworks.Preferred Qualifications/Skills:- Advanced skills in Microsoft Excel (e.g., pivot tables, VLOOKUP, data analysis)- Working knowledge of PowerPoint for report creation and visual presentations- Strong writing skills- Solid foundation in Finance, Economics, SustainabilityPlease be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications.

Additional Comments Please note, the salary range displayed includes special salary treatments, such as location pay. Fringe Benefits: - Competitive Compensation- Future Career Growth Potential- Open and Supportive Team-Based Environment- Full Medical, Vision, and Dental (with 50%+ schedule)- Retirement Options- Public Student Loan Forgiveness (PSLF)- Possibility of Telecommuting, Flextime, and Alternative Work SchedulesNYSIF Commitment to Diversity, Equity, and InclusionThe New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.Executive Order 31Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF's Reasonable Accommodations mailbox at [email protected]. #LI-DNI

Some positions may require additional credentials or a background check to verify your identity.

Name Human Resources

Telephone

Fax 518-437-1618

Email Address [email protected]

Address

Street PO Box 66699

City Albany

State NY

Zip Code 12206

Notes on Applying Candidates must submit a resume, cover letter, and transcript to [email protected] referencing the vacancy ID# in the subject line. Submissions without a cover letter and transcript will not be considered. Applicants must specify the top two teams they are most interested in in the cover letter from the following:1. Corporate Fixed Income Team2. Portfolio Management Team3. Alternatives Team4. Sustainable Investing Team