Job Description
Duties Description This internship is in NYSIF's Investment Department, which oversees approximately $20 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.
#li-dni
Minimum Qualifications •Enrolled full-time in a college, university, or graduate program in New York State and have completed a minimum of one (1) year of studies or a be a New York State Permanent resident enrolled in a college, university, or graduate program,
1. Corporate Fixed Income Team
o 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.
2. Portfolio Management Team
o Proficiency in coding and programming languages such as Python, R, VBA, or similar tools for financial modeling and data analysis.
o Interest in Financial Markets: Strong enthusiasm for understanding and analyzing market trends, portfolio strategies, and investment dynamics.
3. Alternatives Team
o Specializes in private equity, private debt, and real assets investments.
o 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.
4. Sustainable Investing Team
o Interns will evaluate ESG risks, analyze sustainable investment opportunities, and support the development of climate-related frameworks.
o 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, Sustainability
•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)
Additional Comments Please note, the salary range shown includes location pay and/or geographic pay.
Fringe Benefits:
•Competitive Compensation.
•Future Career Growth Potential.
•Open and Supportive Team-Based Environment
•Medical, Vision, and Dental Benefits
•Retirement Options
•Public Student Loan Forgiveness (PSLF)
•Possibility of Telecommuting, Flextime, and Alternative Work Schedules
NYSIF Commitment to Diversity, Equity, and Inclusion
The 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 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].
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 15 Computer Drive West
City Albany
State NY
Zip Code 12205
Notes on Applying Candidates must submit a resume and cover letter to
[email protected] referencing the vacancy ID# in the subject line. Submissions without a cover letter will not be considered. Applicants must specify the top two teams they are most interested in the cover letter from the following:
1. Corporate Fixed Income Team
2. Portfolio Management Team
3. Alternatives Team
4. Sustainable Investing Team StateJobsNY
Job Tags
Permanent employment, Full time, Summer work, Local area, Remote job,