Intern - Research Support for the Chief Investment Officer (CIO) (2 Positions)
- OFFICE OF THE COMPTROLLER
- Part-time
Location
MANHATTAN
- No exam required
Department
Asset Management
Job Description
The New York City Comptroller, an independently elected official, is the Chief Financial Officer of the City of New York. The mission of the office is to promote the financial integrity and operational effectiveness of New York City government, in order to secure a thriving future for all New Yorkers and build a more just, equitable, and resilient city. We utilize the tools and responsibilities that the City Charter assigns us to ensure that City government is budgeting wisely, investing strategically, living up to its promises and obligations, and keeping a sharp eye on the long-term challenges to come.
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 Research Support Intern include, but are not limited to:
- Collecting and distributing thought leading market updates and research pieces concerning a range of relevant topics (investment returns, new product developments, market updates, ESG-related position pieces, etc..) to BAM members.
- Summarizing research when requested and needed.
- Aiding in the development of Trustee presentation material working with the Senior Investment Risk Officer and supporting the CIO.
- Supporting Deputy CIOs and asset class heads in compiling research content to support various investment discussions and initiatives.
MINIMUM QUALIFICATION REQUIREMENT: Matriculation at an accredited college. Employment is conditioned upon continuance as a student in college.
- 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.
As of June of the Program year the prospective interne must be a student matriculated in a college or be a recent college graduate (winter/spring term of the Program year).
NOTE: Appointment to this title is only valid for the duration of the Program, June - August each year.
- Basic knowledge of financial markets and economics - Organizational skills and proactivity - Proficient with Excel, Word, and PowerPoint - Basic knowledge of research methods
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/.
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.
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
689801
Title code
10234
Civil service title
SUMMER COLLEGE INTERN
Title classification
Non-Competitive-5
Business title
Intern - Research Support for the Chief Investment Officer (CIO) (2 Positions)
Posted until
2025-02-28
- Student
Job level
00
Number of positions
2
Work location
1 Centre St., N.Y.
- Finance, Accounting, & Procurement