• Job Description

  Req#: REQ_0000050838

  APPLICATION INSTRUCTIONS:

  • CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process . Please do not apply here, apply internally through Workday.

  • CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. Please do not apply here, apply internally through Workday.

  • If you are NOT a current employee or student, please click “Apply” and complete the application process for external applicants.

  Approval of remote and hybrid work is not guaranteed regardless of work location. For additional information on remote work at Penn State, see Notice to Out of State Applicants.

  JOB DESCRIPTION AND POSITION REQUIREMENTS:

  The Opportunity
  If you want to belong to an organization focused on education, research, and impacting the world, you may be interested in this opportunity. Penn State’s multi-billion dollar Long Term Investment Pool (LTIP) is a diversified program invested across various asset classes and strategies. The Office of Investment Management (OIM), together with Penn State Investment Council (appointed by the University’s Board of Trustees), is charged with managing the LTIP for current and future program spending while preserving the long-term purchasing power of the overall portfolio. Wisely investing funds for Penn State will support future generations through education, while also contributing to the growth and development of Penn State.

  We aim to identify a few students who are interested in learning and applying their knowledge within a professional setting. This position will provide an opportunity to benefit from and contribute to the Penn State community.

  These internships are open to any current student with any academic major. Prior knowledge of investments is not required.

  If you have a desire to learn about institutional investing, this internship position will provide a solid foundation for multiple career paths.

  Flexible Work Arrangements

  The position offers flexible work arrangements, such as in office, remote or hybrid work opportunities.

  Position Summary

  Internships during the summer are expected to be 10-week/40 hours per week positions. Interns will be considered part-time employees and paid $20 per hour. Individuals are expected to work independently and collaboratively with other interns and OIM team members.

  The specific responsibilities of the intern will depend on the current priorities for OIM. As a member of OIM, you will be joining a team of individuals who have the ambition to help Penn State succeed.

  What we will provide

  Each intern will gain broad exposure to an institutional investment process and will benefit from working with experienced investment and operations professionals. This role will not provide opportunities to analyze and manage portfolios of individual securities. OIM has a collaborative, team environment focused on continual learning.

  Expected Competencies – Experience, Knowledge, and Skills

  The Office of Investment Management seeks dynamic individuals who will challenge and assist in the evolution of our investment process, operational procedures, and communication with the Penn State community. Intellectual curiosity and a passion for learning are necessary.

  The preferred candidates will possess:

  • A desire to learn about investment strategies and processes, the operational procedures that focus on the implementation of the investment ideas, the technology infrastructure that supports a growing need for data management, or the communications to stakeholders to improve transparency and understanding of the investment process

  • Strong analytical skills and an ability to incorporate quantitative and qualitative factors

  • Proficiency in Microsoft Office, with emphasis on Excel and PowerPoint

  • Aptitude in learning and utilizing third-party software

  • Familiarity with gathering, analyzing, and visualizing data

  • Resourcefulness in managing multiple tasks; advancing projects from ideas to outcomes on a timely basis

  • The temperament to deal with ambiguity

  • A balance of confidence and humility

  • The ability to constructively challenge and respectfully debate topics, quickly synthesize information, and articulate ideas with a diverse audience

  • Excellent organizational, communication, and critical thinking skills

  Requirements to express an interest

  Please note that a resume and cover letter are required as part of this application. All application materials must be uploaded at the time of application, as you will not be able to update your application once you hit submit. Your cover letter should explain in some detail why you are interested in an internship and any specific areas of interest that you would like to concentrate on during the internship.

  
  Interested candidates are encouraged to learn more about our office at our website. https://oim.psu.edu/

  
  Who we are

  As a member of Finance and Business, you will be joining a team of individuals who have the ambition to help Penn State succeed. Workforce diversity, cultural inclusiveness, and employment equity are deeply rooted in Penn State’s historic mission. Just as we are committed to being a diverse educational environment, we are also committed to being a diverse working community. As a community, we endeavor to be a mixture of cultural backgrounds, life experiences, and individual perspectives that add variety and vitality to the workplace. The University believes that we can learn from each other’s differences and break down the barriers that separate us. Penn State is a place where everyone can be themselves, together.

  
  The Pennsylvania State University is committed to and accountable for advancing diversity, equity, inclusion, and sustainability in all its forms. We embrace individual uniqueness, foster a culture of inclusion that supports both broad and specific diversity initiatives, leverage the educational and institutional benefits of diversity in society and nature, and engage all individuals to help them thrive. We value inclusion as a core strength and an essential element of our public service mission.

  CAMPUS SECURITY CRIME STATISTICS:

  Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here.

  Employment with the University will require successful completion of background check(s) in accordance with University policies.

  EEO IS THE LAW

  Penn State is an equal opportunity, affirmative action employer, and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.

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  University Park, PA

• About the company

  The Pennsylvania State University is a state-related, land-grant research university with campuses and facilities throughout Pennsylvania.

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