Public Equities Intern

NYSTRS; City of Albany (NY); Hybrid; USD 28,000 - 39,000; Part time

Job summary

NYSTRS in New York offers a student internship in the Public Equities Division. You will assist with research, sector analyses, and performance monitoring while gaining exposure to investment committee materials and due diligence sessions.

Applicants must be enrolled in a full-time finance/accounting/data science degree with at least one semester remaining, and by Summer 2027 be a rising junior/senior or graduate student. Hybrid work schedule is expected.

Qualifications

• Candidates must be currently enrolled in a full-time bachelor’s or master’s degree program in finance, accounting, business management, data science or a closely related major, with at least one semester remaining to complete all degree requirements following the internship and must be a rising junior, rising senior, or a graduate student by Summer 2027.

Responsibilities

• Assist with research, including sector analyses, manager reviews and industry trends across public markets
• Support portfolio monitoring, including performance measurement, risk analytics and reporting
• Help prepare materials for internal meetings, investment committee discussions, board meetings and due diligence sessions
• Participate in meetings with external investment managers
• Contribute to special projects, such as operational initiatives, asset allocation, etc.

Skills

Proficiency in MS Office

Analytical skills

Independent working style

Team collaboration

Education

Bachelors or Masters in Finance/Accounting/Data Science or related

Tools

Microsoft Office suite

Job description

Sponsorship is not available for this position. Applicants must hold unrestricted work authorization. NYSTRS is unable to sponsor or assume sponsorship of an employment visa for this position now or in the future.

Position Summary

With a long-term investment horizon and a commitment to prudent fiduciary management our investment team oversees a diversified portfolio across internally managed and external strategies. The Public Equities Division is seeking a motivated, analytical and intellectual curious student intern to support our investment staff. The intern will have the opportunity to contribute to a variety of projects that may include evaluating investment opportunities, performing research on external strategies, contributing to portfolio management processes, trade execution and trading cost analysis. This internship provides hand-on experience within a professional institution investment environment at a top ten US public pension plan.

Minimum Qualifications

Candidates must be currently enrolled in a full-time bachelor’s or master’s degree program in finance, accounting, business management, data science or a closely related major, with at least one semester remaining to complete all degree requirements following the internship and must be a rising junior, rising senior, or a graduate student by Summer 2027.

Preferred Qualifications

• Highly organized, proactive, and eagerness to learn
• Strong analytical skills and proficiency in Microsoft Office suite required.
• Ability to work independently and collaboratively in a professional environment
• Interest in institutional investing
• Effective communication skills
• High degree of integrity and commitment to fiduciary responsibility

Work Modality

Currently we have a hybrid work schedule which may be subject to change in the future.

Job Duties

• Assist with research, including sector analyses, manager reviews and industry trends across public markets
• Support portfolio monitoring, including performance measurement, risk analytics and reporting
• Help prepare materials for internal meetings, investment committee discussions, board meetings and due diligence sessions
• Participate in meetings with external investment managers
• Contribute to special projects, such as operational initiatives, asset allocation, etc.

Salary Grade

• This is a non-graded position
• Salary Range $24.00 per hour
• Job Type Temporary

Inclusion & Diversity

At NYSTRS, diversity, equity, and inclusion are integral to our mission of providing our members with a secure pension and exceptional customer service. We are committed to fostering an inclusive and equitable culture where all diversity is valued and recognized as a source of strength and enrichment across all operations.

NYSTRS is proud to provide equal opportunities to all employees and qualified applicants without regard to race, color, religion, creed, sex, gender expression or identity, national origin, age, ability and disability status, veteran status, marital status, pregnancy status, sexual orientation, citizenship, or any other legally protected class.

We are committed to being a workplace that attracts, supports, and retains talented individuals from diverse backgrounds and experiences while championing equal opportunity across recruitment, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Background

Established in 1921 by the New York State Legislature, the New York State Teachers’ Retirement System (NYSTRS) provides retirement, disability and death benefits to eligible New York State public school teachers and administrators. The System is among the 10-largest public pension funds in the nation based on total assets.

Mission & Vision

Our Mission: To provide our members with a secure pension. Our Vision: To be the model for pension fund excellence and exceptional customer service. Our Values: Respect, Excellence, Diversity, Balance, Integrity, Resourcefulness, Diligence