INVESTMENT INTERN

Arizona Department of Administration • Phoenix, AZ

3d • Onsite

About The Position

The Arizona Public Safety Personnel Retirement System (PSPRS) is hiring an Investment Intern for a 12-week, on-site internship with its Investment Team in Phoenix, Arizona. The selected candidate must reside in Arizona during the internship. The internship is expected to begin in mid-May and continue through mid-August, with a flexible work schedule.

The intern will assist with financial analysis, investment research and due diligence, organizing investment reports, maintaining the team’s internal contact management system, and participating in investment-related meetings. The position pays $30 per hour for up to 40 hours per week for up to 12 weeks. No other benefits are provided.

Requirements

• Currently pursuing a bachelor’s or master’s degree in finance, economics, business administration, mathematics, or a related field.
• Knowledge of financial economics, including consumption and investment, portfolio theory, the Capital Asset Pricing Model, and market efficiency.
• Knowledge of the characteristics of financial instruments such as stocks and bonds.
• Skill in portfolio optimization, multiple regression analysis, market research, and valuation methodologies.
• Ability to provide close attention to detail, handle overlapping schedules, quickly learn new skills, and cooperate with others.
• Must reside in Arizona during the internship.
• Must pass a background investigation, including credit and criminal history.
• Must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).

Nice To Haves

• Preference is given to juniors, seniors, or first-year master’s students.

Responsibilities

• Perform bespoke financial analysis, including fundamental and technical market analysis, discounted cash flow analysis, and portfolio optimization.
• Assist with front-end due diligence of prospective investment partners by conducting market research and performance analysis and writing memos.
• Attend investment-related meetings, including Investment Committee meetings and meetings with current and prospective investment partners.
• Download and organize quarterly reports for more than 150 external investment partner relationships.
• Maintain the Investment Team’s internal contact management system.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed