Closing: 4/28/2022
Investment Analyst Internship
Recruitment #21-008998-0064
|
SALARY |
$15.00
- $20.00/hour |
|
EMPLOYMENT TYPE |
Full-Time |
|
HR ANALYST |
Cecelia
Smith |
|
WORK LOCATION |
Baltimore
City |
The Maryland State Retirement Agency is the administrator of the
Maryland State Retirement and Pension System. The System is a multi-employer,
public employees’ benefit retirement system composed of twelve (12) separate
retirement and pension systems with additional plan components. These groups
include state government employees, teachers, law enforcement personnel,
legislators, judges and local government employees and fire fighters whose
employers have elected to participate in the system.
The Investment Division of the Maryland State Retirement Agency
seeks two bright, highly motivated individuals to join our Investment Analyst
Internship Program. The Investment Division is responsible for investing the
plan assets of the Maryland State Retirement and Pension System. The Pension
System's assets are $67.9 billion as of the end of the FY2021 (ending June 30,
2021). The
Investment team is both results driven and creative problem solvers who work
together to manage a global multi-asset portfolio and to provide a secure base
of assets to pay the current and future benefits for the underlying 350,000
retirees and beneficiaries.
The Investment Division is committed to providing a professional
work experience that will give the investment analyst interns a complete
understanding of the institutional investment process and to provide a diverse
and inclusive workplace that embraces both analytical and creative thinkers.
The interns will have the opportunity to work in one or more areas of the
Investment Division, which could include Public Equity, Fixed Income, Real
Estate, Private Equity, Absolute Return, and/or Accounting and Operations.
This is a contractual position that will serve at the pleasure of
the appointing authority
GRADE
9998
LOCATION
OF POSITION
120 East Baltimore Street
Baltimore, MD 21202
Main
Purpose Of Job
SRA, Investment
Division is seeking bright, highly motivated individuals to join our Investment
Analyst Summer Internship Program. The Summer Interns will work in one or more
areas of the Investment Division, which could include Public Equities, Fixed
Income, Real Estate, Private Equity or Absolute Returns.
POSITION
DUTIES
As a Summer Intern you will:
·
have the
opportunity to work in one or more areas of the Investment Division, which
could include Public Equity, Fixed Income, Real Estate, Private Equity,
Absolute Return, and/or Accounting and Operations;
·
conduct
research projects in conjunction with colleagues that could directly be
implemented to make investment decisions;
·
present
research findings to senior management;
·
have the
opportunity to learn about macroeconomic and political events through industry
seminars & conferences and how those events tie into the investment
process;
·
understand
investment manager due-diligence process and assist with that process;
·
acquire
foundational skills over a wide range of investment disciplines and asset classes.
MINIMUM
QUALIFICATIONS
Education:
Junior or Senior status in a four-year
college or university with a 3.5 or higher GPA. ALL majors would be considered with the minimum of 15 credit hours
in STEM or Finance related subjects
Experience: None
DESIRED
OR PREFERRED QUALIFICATIONS
Preference
will be given to applicants who possess the following preferred
qualification(s). Include clear and specific information on your
application regarding your qualifications to receive credit.
·
Excellent
communication and interpersonal skills;
·
Intellectual
curiosity and strong problem solving skills;
·
Excellent
analytical skills and attention to detail;
·
Proficient
in Microsoft Excel, Word, and PowerPoint;
·
Knowledge
of or possession of coding skills in R, Python, or other programing languages.
SELECTION
PROCESS
Applicant
may be evaluated and selected based on education, training and experience in
relation to the requirements and qualifications listed for the position,
including minimum qualification criteria. Therefore, it is essential that
you provide complete and accurate information on your application. Report
all related education, experience, dates and hours of work.
Credit is
given for relevant part-time, temporary or volunteer experience based on the
number of hours per week. All information concerning your qualifications
must be included on your application and submitted by the closing date.
We will not consider incomplete applications.
For
education obtained outside the U.S., a copy of the equivalent American
Education as determined by a foreign credential evaluation service needs to be
provided before hire.
Successful
candidates will be placed on the employment (eligible) list for at least one
year. Applicants must be legally authorized under the United States
Immigration Reform Act to be hired.
Must successfully pass a background check
EXAMINATION
PROCESS
The
assessment may consist of a rating of your education, training, and experience
related to the requirements of the position. It is important that you
provide complete and accurate information on your application. Please
report all experience and education that is related to this position.
BENEFITS
Contractual
employees who work for an agency covered under the State Employee and Retiree
Health and Welfare Benefits Program, have a current employment contract and
work 30 or more hours a week (or on average 130 hours per month) may be
eligible for subsidized health benefits coverage for themselves and their
dependents. As a contractual employee, you will be responsible for paying 25%
of the premiums for your medical and prescription coverage, including any
eligible dependents you have enrolled. The State of Maryland will subsidize the
remaining 75% of the cost for these benefits. You can also elect to enroll in
dental coverage, accidental death and dismemberment insurance, and life
insurance, but will be responsible to pay the full premium for these benefits.
Leave
may be granted to a contractual employee who has worked 120 days in a 12 month
period. This leave accrues at a rate of one hour for every 30 hours worked, not
to exceed 40 hours per calendar year.
FURTHER
INSTRUCTIONS
The online application process is strongly
preferred. If you are unable to apply online, you may mail a paper application
to:
Department of Budget and Management
Recruitment and Examination Division
301 W. Preston Street, Room 608
Baltimore, MD 21201
CERTIFIED COLLEGE TRANSCRIPTS ARE REQUIRED
FOR THIS RECRUITMENT along with your online application, upload as an attachment
under the resume tab of the online application. Please combine all
supporting documents together as ONE attachment.
We will not consider information submitted
after the recruitment closing date.
For questions
regarding this recruitment, please contact the DBM Recruitment
and Examination Division at Application.Help@maryland.gov or
410-767-4850, MD TTY Relay Service 1-800-735-2258.
