Investment Intern (Hybrid)

MERS of Michigan•Delta Charter Township, MI

7h•Hybrid

About The Position

The Investment Intern supports investment research, strategy management, portfolio risk management, performance reporting, and manager due diligence across public and private markets. The intern also audits investment manager reports, prepares reports using Bloomberg and the custodian bank’s online system, maintains files, and helps ensure the accuracy of MERS reports and publications. This is a 13-week summer program. The position is described as part-time, with a maximum of 20 hours per week, and the posting also states that availability may be 12–20 hours per week (part-time) or 32–40 hours per week (full-time), as determined at the time of hire. The intern must work in person at MERS’ Lansing, Michigan office on Tuesdays and Wednesdays, with at least two in-office days per week. Work may otherwise be performed at the office or a remote work location.

Requirements

Progress toward or completion of a bachelor’s degree in liberal arts, finance, economics, or a related area.
Knowledge of basic financial concepts, asset class characteristics, accounting principles, and economics.
Skill with Microsoft Office and other business software, including Bloomberg.
Time and project management skills.
Ability to conduct independent research using a variety of resources.
Organizational skills.
Oral and written presentation and communication skills.
Data analysis skills.
Attention to detail.
Ability to work both within a team and on a self-directed basis.
Ability to proactively seek assignments.
Must be available to work in person at MERS’ Lansing office at least two days per week; Tuesdays and Wednesdays are required.

Nice To Haves

Active participation in a school-affiliated or professional organization focused on the financial or investment management industry.
Internship or work experience in an investment capacity.

Responsibilities

Research new investment strategies across public and private markets.
Assist Directors, Portfolio Managers, and Analysts with managing internal strategies.
Assist with portfolio risk management and preparation of performance reports.
Support asset class and capital markets research, manager due diligence, and monitoring.
Complete ad hoc projects.
Attend and take notes during virtual and in-person conference calls and meetings.
Develop market insight using publications, subscriptions, economic research providers, and other financial resources.
Input and audit performance data for private market investments.
Proofread and verify the accuracy of information and data in MERS reports and publications.
Audit and read monthly Investment Manager reports and report pertinent information to Investment Officers.
Prepare investment reports using Bloomberg and the custodian bank’s online system.
Assist with hard-copy and electronic filing.