Internship - Operations Risk Data & Analytics (Year-Round)

Baird • Milwaukee, WI

16d • Hybrid

About The Position

About the Role: Baird’s Operations Department (“Ops”) is the best kept secret in the financial services industry and plays a critical role to the success and growth or the firm. The Operations Risk team helps protect both client and firm assets by ensuring strong internal controls and meeting key regulatory requirements. They handle tasks like reconciling Baird’s financial records and bank accounts, and they manage important reports such as the annual SOC1 audit and the Custody Rule Surprise Security Count. The team also submits required filings to regulators like FINRA, the SEC, and the Federal Reserve, including reports on customer reserves, margin balances, short interest, and investment holdings. As an intern, you’ll gain an understanding of the clearance and settlement process and how a trade flows through the financial system. This is a hybrid internship, working three days per week in our downtown Milwaukee, WI office and two days remote. The intern must be able to work full time during the summer, 37.5-40 hours per week, and work part time during the school semesters, 15-20 hours per week. We are seeking a local student who can start in May 2026. The Impact You’ll Make: Perform daily reconciliations for banks and custodian accounts to ensure accuracy and completeness Assist with process and controls reporting including distribution of daily general ledger and trial balance analysis Engage in the facilitation of SOC1, Surprise Security Count, and Financial Statement audits Support various month-end close activities and assist with related operations tasks Collaborate with the Operations Risk Technical Lead to build and refine reports using tools such as SQL, Power BI, and Alteryx Assist in designing, testing, and implementing new reporting tools to enhance operational efficiency and risk oversight Monitor and report on unclaimed property in accordance with regulatory requirements Participate in all team activities such as weekly stand-up meetings, team building, and development trainings

Requirements

• Pursuing a bachelor’s degree in accounting, finance, or a related business discipline; concentration or interest in data analytics, computer science, or information systems is preferred
• Anticipated graduation date of May 2027 or later
• Basic understanding of accounting principles and financial reporting
• Analytical mindset with interest or experience in related data and analytics tools such as SQL, Power BI, or Alteryx
• Effective written and verbal communication skills with the ability to work effectively as a team player
• Strong prioritization and time management skills to balance multiple tasks and meet deadlines

Responsibilities

• Perform daily reconciliations for banks and custodian accounts to ensure accuracy and completeness
• Assist with process and controls reporting including distribution of daily general ledger and trial balance analysis
• Engage in the facilitation of SOC1, Surprise Security Count, and Financial Statement audits
• Support various month-end close activities and assist with related operations tasks
• Collaborate with the Operations Risk Technical Lead to build and refine reports using tools such as SQL, Power BI, and Alteryx
• Assist in designing, testing, and implementing new reporting tools to enhance operational efficiency and risk oversight
• Monitor and report on unclaimed property in accordance with regulatory requirements
• Participate in all team activities such as weekly stand-up meetings, team building, and development trainings

What This Job Offers

• Job Type: Part-time
• Career Level: Intern
• Number of Employees: 5,001-10,000 employees