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Graduate Intern -Investment Operations Support (4 Positions)

  1. OFFICE OF THE COMPTROLLER
Posted on: 11/30/2024
  1. Part-time

Location

MANHATTAN

  1. No exam required

Department

Asset Management

$19.00 – $20.00

Job Description

The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.

The Bureau of Asset Management is responsible for oversight of the investment portfolios of the five New York City pension systems. Through a culture of collaboration, individual development, and teamwork that leverages diverse talent and strives for continuous improvement, the goal of the Bureau of Asset Management is to achieve exceptional investment outcomes for all stakeholders; to deliver outstanding support to plan Trustees; and to serve as a responsible steward of the resources of plan beneficiaries and the City of New York.

Responsibilities of the Investment Operations Support Intern include, but are not limited to:

- Tracking, reviewing, saving capital call and distribution notices and other financial documents received from the general partners

- Performing oversight of the fee transparency service provided by the Alternative Administrator which includes verification of information collected on quarterly reporting and helping with data requirements related to the annual audit

- Assisting with various monthly reconciliations for Alternative Asset Oversight


QUALIFICATION REQUIREMENT: Matriculation at an accredited graduate school. Employment is conditioned upon continuance as a student in graduate school.


IMPORTANT:
- Our office is located at the David Dinkins Municipal Building, 1 Centre St. in Manhattan/New York.
- All interns will work in-person in the office, Monday – Thursday, 28 hours per week.
- The employment period will be from June 2 – July 31, 2025.


Minimum Qualifications

Candidates must be currently enrolled in a graduate degree program in an accredited college, university or law school.


Preferred Skills

- Good excel skills and accounting knowledge
Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.
Residency Requirement

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.
Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Job ID

690792

Title code

10232

Civil service title

SUMMER GRADUATE INTERN

Title classification

Non-Competitive-5

Business title

Graduate Intern -Investment Operations Support (4 Positions)

Posted until

2025-02-28

  1. Student

Job level

00

Number of positions

4

Work location

1 Centre St., N.Y.

  1. Finance, Accounting, & Procurement

Graduate Intern -Investment Operations Support (4 Positions)

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