Address
Form of workLocation:
1900 Aldrich Street
Austin, Texas, 78723
United States
IMD Student Intern - Investment Operations
Requisition ID:
req922
Employment Type:
Unclassified Regular Full-Time (URF)
Division:
Investment Operations
Compensation:
Depends on Qualification
Location:
IMD
Job Closing:
12/29/2023
WHO WE ARE:
With the Investment Management Division (IMD) you will be joining a diverse group of achievers who celebrate the unique value individuals bring to support our shared cause: earning trust and contributing to the financial future of 1.9 million public education employees and retirees throughout Texas.
Navigating the current market environment takes innovation and we're passionate about stewarding the right investments to make an impact both in the lives of our members and all Texans. We invite you to partner with the best financial minds in the business to manage a global portfolio of over $200 billion in public and private investments. Our success starts with you.
Note: This position is a full-time, temporary, limited term assignment
Position Summary
The IMD Student Intern - Investment Operations performs entry level Investment Operations and/or process automation analysis work. Work involves assisting Investment Operations staff with Investment Operations related research and analysis and performing special projects, with a primary focus on gaining practical work experience. Works under close supervision of Investment Operations managers.
Benefits of a TRS Investment Management Internship: This is a paid, full-time position that offers interns the opportunity to gain substantive experience in Investment operations.
This position is scheduled to start on June 5, 2024 and will end on August 9, 2024. We require that all IMD interns live in Austin, Texas for the duration of their internship.
Salary will be dependent upon education level:Undergraduate Student (Senior) - $36.75/hour
5 Year Master's Student - $42/hour
MBA Student - $63/hour
Key Accountabilities
Projects and Communications
• Conducts reporting with support from Investment Operations team in the following areas: data & account reconciliation, portfolio valuation and other investment and accounting information using report writing, database, spreadsheet and other software, for use by agency management.
• Participates in group projects as assigned by Investment Operations management.
• Participates on various Investment Operations related projects to improve system integration between trading applications, custodian bank, and portfolio analytics software.
• Builds robotic process automation (RPA) flows using the Microsoft Power platform or other scripting languages.
• Consults or coordinates with investment managers, analysts, investment accounting, information technology, legal counsel, custodian, and third-party advisors and consultants.
• Provides timely written or oral reports of analysis and recommendations to investment staff and management.
Research and Analysis
• Assists in performing fundamental and statistical investment operational analysis for potential opportunities, including public and private market data analysis (ex: valuation, fees, cash).
• Assists Investment Operations team in conducting data analysis and/or identifying process improvements for automation to achieve improved business efficiencies.
• Assists in conducting strategic research on various operational projects.
• Performs related work as assigned.
Minimum Required Qualifications
Required Education
• Must meet one of the following criteria:
• Currently enrolled in and actively attending an undergraduate degree program with a major in business administration, finance, accounting, operations research, math, information technology, liberal arts or a related area, at an accredited college or university, and must complete their junior year (90 hours) by the start of the internship.
• Currently enrolled in and actively attending a graduate program in finance, accounting, business administration or a related area.
• 3.25 GPA or above
• Applicant will be required to submit a copy of official college transcripts.
Required Experience
• None.
Required Registration, Certification, or Licensure
• None.
Preferred Qualifications
• Experience or education in institutional investment research, accounting, financial analysis, statistical analysis, investment product development, financial business process analysis or a related field.
Knowledge, Skills, and Abilities
Knowledge of:
• Investment process & accounting concepts, business process automation, reporting, terminology, models, strategies, fundamental investment factors.
Skills in:
• Using Microsoft Office365 platform, databases, and other business software to prepare correspondence, spreadsheets, charts, and reports.
• Gathering and documenting requirements and business process flows.
• Performing complex financial analysis.
• Verifying financial data.
• Process analysis and improvement.
• Planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment, and in completing detailed work with a high degree of accuracy.
• Verbal and written communication of complex information that is accurate, timely, and based on sound judgment
Ability to:
• Establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts.
• Work effectively in a professional team environment.
Military Occupational Specialty (MOS) Codes:
Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty ( http://www.hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AdministrativeSupport.pdf ) along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply. Please contact Talent Acquisition at careers@trs.texas.gov with questions or for additional information.
To view all job vacancies, visit www.trs.texas.gov/careers or www.trs.csod.com/careersite.
For more information, visit www.trs.texas.gov.
1900 Aldrich Street
Austin, Texas, 78723
United States
IMD Student Intern - Investment Operations
Requisition ID:
req922
Employment Type:
Unclassified Regular Full-Time (URF)
Division:
Investment Operations
Compensation:
Depends on Qualification
Location:
IMD
Job Closing:
12/29/2023
WHO WE ARE:
With the Investment Management Division (IMD) you will be joining a diverse group of achievers who celebrate the unique value individuals bring to support our shared cause: earning trust and contributing to the financial future of 1.9 million public education employees and retirees throughout Texas.
Navigating the current market environment takes innovation and we're passionate about stewarding the right investments to make an impact both in the lives of our members and all Texans. We invite you to partner with the best financial minds in the business to manage a global portfolio of over $200 billion in public and private investments. Our success starts with you.
Note: This position is a full-time, temporary, limited term assignment
Position Summary
The IMD Student Intern - Investment Operations performs entry level Investment Operations and/or process automation analysis work. Work involves assisting Investment Operations staff with Investment Operations related research and analysis and performing special projects, with a primary focus on gaining practical work experience. Works under close supervision of Investment Operations managers.
Benefits of a TRS Investment Management Internship: This is a paid, full-time position that offers interns the opportunity to gain substantive experience in Investment operations.
This position is scheduled to start on June 5, 2024 and will end on August 9, 2024. We require that all IMD interns live in Austin, Texas for the duration of their internship.
Salary will be dependent upon education level:Undergraduate Student (Senior) - $36.75/hour
5 Year Master's Student - $42/hour
MBA Student - $63/hour
Key Accountabilities
Projects and Communications
• Conducts reporting with support from Investment Operations team in the following areas: data & account reconciliation, portfolio valuation and other investment and accounting information using report writing, database, spreadsheet and other software, for use by agency management.
• Participates in group projects as assigned by Investment Operations management.
• Participates on various Investment Operations related projects to improve system integration between trading applications, custodian bank, and portfolio analytics software.
• Builds robotic process automation (RPA) flows using the Microsoft Power platform or other scripting languages.
• Consults or coordinates with investment managers, analysts, investment accounting, information technology, legal counsel, custodian, and third-party advisors and consultants.
• Provides timely written or oral reports of analysis and recommendations to investment staff and management.
Research and Analysis
• Assists in performing fundamental and statistical investment operational analysis for potential opportunities, including public and private market data analysis (ex: valuation, fees, cash).
• Assists Investment Operations team in conducting data analysis and/or identifying process improvements for automation to achieve improved business efficiencies.
• Assists in conducting strategic research on various operational projects.
• Performs related work as assigned.
Minimum Required Qualifications
Required Education
• Must meet one of the following criteria:
• Currently enrolled in and actively attending an undergraduate degree program with a major in business administration, finance, accounting, operations research, math, information technology, liberal arts or a related area, at an accredited college or university, and must complete their junior year (90 hours) by the start of the internship.
• Currently enrolled in and actively attending a graduate program in finance, accounting, business administration or a related area.
• 3.25 GPA or above
• Applicant will be required to submit a copy of official college transcripts.
Required Experience
• None.
Required Registration, Certification, or Licensure
• None.
Preferred Qualifications
• Experience or education in institutional investment research, accounting, financial analysis, statistical analysis, investment product development, financial business process analysis or a related field.
Knowledge, Skills, and Abilities
Knowledge of:
• Investment process & accounting concepts, business process automation, reporting, terminology, models, strategies, fundamental investment factors.
Skills in:
• Using Microsoft Office365 platform, databases, and other business software to prepare correspondence, spreadsheets, charts, and reports.
• Gathering and documenting requirements and business process flows.
• Performing complex financial analysis.
• Verifying financial data.
• Process analysis and improvement.
• Planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment, and in completing detailed work with a high degree of accuracy.
• Verbal and written communication of complex information that is accurate, timely, and based on sound judgment
Ability to:
• Establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts.
• Work effectively in a professional team environment.
Military Occupational Specialty (MOS) Codes:
Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty ( http://www.hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AdministrativeSupport.pdf ) along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply. Please contact Talent Acquisition at careers@trs.texas.gov with questions or for additional information.
To view all job vacancies, visit www.trs.texas.gov/careers or www.trs.csod.com/careersite.
For more information, visit www.trs.texas.gov.
