Investment Operations Intern: Audit & Portfolio Data

NYSTRS; Albany (OR); Hybrid; USD 25,000 - 30,000; Part time

Job summary

NYSTRS is seeking an Investment Operations Intern to assist the Investment Operations Department with audit documentation and supporting schedules. The role involves reviewing financial statements of private investments and reconciling activity to subsidiary ledgers, with year-to-date reconciliations for publicly traded assets.

Preferred candidates are pursuing degrees in Accounting, Business, or Finance, with strong communication and presentation skills, and experience in private/public market

Qualifications

• Currently enrolled in a full-time bachelor’s or master’s degree program with at least one semester remaining to complete all degree requirements following the internship.
• Pursuing a bachelor’s degree or higher in Accounting, Business Administration, Finance or in a closely related field

Responsibilities

• Review audited financial statements for our private investments, reconcile data points to subsidiary ledgers and follow up on discrepancies.
• Prepare fiscal year-to-date reconciliations for publicly traded asset classes, reconciling trade activity, income, amortization and cash balances
• Assist with compilation of investment data for inclusion in the annual comprehensive financial report
• Assist in processing capital calls and distributions for private equity and real estate investments
• Assist with processing private asset investment capital calls and distributions

Skills

Communication

Interpersonal skills

Deadline-driven

Presentation skills

Private market investments

Public market investments

GASB standards

FASB standards

Education

Bachelor’s degree or higher in Accounting, Business Administration or Finance

Job description

NYSTRS is seeking an Investment Operations Intern to assist the Investment Operations Department with audit documentation and supporting schedules. The role involves reviewing financial statements of private investments and reconciling activity to subsidiary ledgers, with year-to-date reconciliations for publicly traded assets.

Preferred candidates are pursuing degrees in Accounting, Business, or Finance, with strong communication and presentation skills, and experience in private/public market