Summer Intern, Enterprise Risk Management

The Port Authority of NY & NJNew York, NY
6d$18 - $30Hybrid

About The Position

The Enterprise Risk Management Division (ERM), within the Finance organization, is responsible for the development and implementation of an agency-wide program that enables the proactive identification and management of business risks that can affect agency objectives and strategy. ERM aims to improve agency risk awareness and decision-making. As consideration in the Port Authority’s bond ratings, ERM is critical to the Agency’s future capital capacity. ERM is a major initiative that touches all parts of the Agency. The intern will obtain a unique overview of the Port Authority’s business lines and internal processes while becoming well-versed in the principles of risk management.

Requirements

  • Enrollment at a college or university at the time of the internship
  • Major in Enterprise Risk Management, Finance, Public Administration or related discipline

Nice To Haves

  • Ability to communicate effectively up and down the chain of command by simplifying complex issues for a diverse audience
  • Some knowledge of risk management, finance, or operations
  • Ability to solve problems using quantitative and qualitative data related to operations and finance
  • Ability to conduct Internet research.
  • Strong data analysis skills
  • Experience with Microsoft apps such as Word, Excel, PowerPoint, Outlook, Teams, SharePoint, OneDrive, etc.

Responsibilities

  • Work with ERM staff and senior staff throughout the Agency to identify, assess, and monitor business risks.
  • Support agency business alignment efforts and ERM integration with annual business planning, budgeting, long-range capital capacity forecasting, business performance measurement, and other agency business processes
  • Support execution of risk assessments
  • Conduct research on emerging trends and analyze Agency risk data
  • Develop risk intelligence reports and presentations for the Board of Commissioners and senior management

Benefits

  • Ability to opt in to the New York State and Local Retirement System
  • Access to Employee Business Resource Groups
  • Facility Tours
  • Career Panels
  • Social/Networking Events
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