Investment Risk Management Intern

Utah Retirement Systems•Salt Lake City, UT

1d•Onsite

About The Position

This is a temporary position working with URS investment staff to assist the department in gathering data for risk management systems and running and reconciling monthly risk reports. Assists staff in performing a variety of projects and tasks related to analyzing the risk of the investment portfolio. Interns will be encouraged and expected to become more familiar with the organization’s major asset classes (equities, fixed income, private equity, hedge funds, real assets). The position is temporary, not to exceed 29 hours per week for up to one (1) year or 40 hours per week for up to six (6) months.

Requirements

High school graduate actively pursuing undergraduate or graduate degree at an accredited university in the fields of investment management, business administration, accounting, financial management, business economics, statistics, mathematics, physics, or related field.
Must have the ability to demonstrate prior experience with basic investment concepts and quantitative analysis either through applicable work experience or education.
Personal computer operations and various program applications including: Access, Excel, Word, SQL, and Visual Basic.
Financial statistical techniques including multiple linear regression and value at risk.
Investments and portfolio management practices and procedures such as: portfolio finance, investment methods and concepts, security valuation methods, IRR, NPV, capitalization techniques, sensitivity analysis, economic analysis, income statements, balance sheets, risk analysis, interpersonal communication skills, and working knowledge of investment performance measures.
Ability to draft reports, documents and agreements.
Ability to make decisions and resolve conflicts.
Ability to communicate effectively verbally and in writing.
Ability to follow written and verbal instructions.
Ability to establish and develop effective working relationships with finance and consulting professionals, executives (public and private), department heads, and co‑workers.
Ability to prioritize work.
Ability to perform within deadlines.
Ability to work well in a team environment as well as independently.
Ability to multi-task by handling a variety of duties in a timely and efficient manner.
Ability to follow through with assignments.
Ability to deal effectively with stress caused by workload and time deadlines.
The incumbent must always demonstrate judgment, high integrity, and personal values consistent with the values of URS.
As a requirement of this position, the employee will submit to the URS Investment Compliance Officer a record of trade confirmations or monthly transaction summaries, as they become available, of all security transactions (excluding mutual funds), in any account under the employee’s control and direction, or under the control and direction of the employee’s spouse.

Nice To Haves

Candidates pursuing the CFA, FRM, or PRM designation are preferred.
Programming experience (R, Python, etc.) is preferred.

Responsibilities

Assists the Investment team with portfolio reporting requirements and ad hoc analysis.
Gathers and organizes information from data vendors, managers, and prospective managers to update internal databases and 3rd party risk systems.
Monitors trends in industry.
May prepare research papers analyzing potential market movements and our exposure to various risk factors.
Assists in recommending improvements in gathering data and automating processes for constructing risk reports.
May assist in building out the data, analyses, and infrastructure for new risk monitoring tools.
Reconciles the observed changes in risk exposures with changes in positions monthly.
Provides recommendations about portfolio construction based on risk analysis conducted.
Promotes internal cooperation among departmental staff and between outside advisers.
Maintains strict confidentiality.
Performs other related duties as required.