ALM Analytical Reporting Analyst Intern (Summer 2026) at Transamerica

Wayne State University; Baltimore (MD); Hybrid; USD 34,440 - 41,328; Part time

Job summary

A reputable educational institution is seeking an ALM Analytical Reporting Analyst Intern for Summer 2026 in Baltimore, MD. This internship offers practical experience in finance and analytics, where interns will perform fund research, support portfolio management, and develop risk assessment tools. Ideal candidates are pursuing a graduate degree and possess programming skills in SQL, Python, R, or VBA. The position includes a hybrid work model with compensation ranging from $25.00 to $30.00 per hour, ensuring valuable exposure to capital market concepts and practices.

Qualifications

• Currently pursuing a graduate degree in a relevant field.
• Proficient in programming languages like SQL, Python, R, or VBA.
• Strong quantitative skills in risk management and derivative pricing.

Responsibilities

• Perform fund research and analyze fund performance.
• Support portfolio management through data mining and back testing.
• Produce hedge performance reports.

Skills

Programming in SQL

Python

R

VBA

Quantitative analysis

Education

Currently pursuing a graduate degree

Job description

ALM Analytical Reporting Analyst Intern (Summer 2026)

Internships are short-term work experiences for a designated period of time that allow college students the opportunitytoobserveandparticipateintheprofessionalworkenvironment,toexplorehowhis/herinterests relate to possible careers, and to gain practical experience in an industry relating to their field of study.

Responsibilities:

• Perform fund research by analyzing fund performance, evaluating fund strategies, maintaining fund mapping models and tools, and supporting ad hoc research such as hedge cost and hedgeability analysis
• Support portfolio management and solutions development by researching capital market models and derivative pricing techniques, data mining, and back testing
• Analyze capital markets, participate in portfolio management meetings, collect and consolidate market data, develop risk assessment tools, perform system tests and process reviews needed in hedging process in order to provide analytical supports to the PMs (portfolio management)
• Work with colleagues to monitor and maintain hedge models and hedge programs
• Produce hedge performance reports
• Provide data analysis supporting report results
• Engage in process improvements to increase the reporting efficiency
• Conform with and abides by all regulations, policies, work procedures, instruction and all safety rules

Qualifications:

• Currently pursuing a graduate degree, such as mathematics, quantitative finance, business/economics majors, or STEM majors with business/finance electives. Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship
• Programing skills in SQL, Python, R, VBA, or similar languages
• Quantitative skills in equity, interest rates modeling, derivative pricing and risk management
• Demonstrate good understanding of capital market, investment and finance concepts with the ability to creatively apply these concepts in solving complex problems in a business setting

Working Conditions:

• Interns will work hybrid in Baltimore, MD
• Tuesday, Wednesday, and Thursday will be in office; Monday and Friday will be work from home days

Compensation:

The salary for this position generally ranges between $25.00 - 30.00 per hour.

Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote), and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Disclaimer:
Beware of fake job offers!

We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

• We will never request personal information such as ID or payment for equipment upfront.
• Official offers are sent via DocuSign following a verbal offer—not through text or email.