Spider Management Intern

University of Richmond; Richmond (VA); On-site; USD 28,000 - 34,000; Part time

Benefits offered by this job

Mentorship

Networking with senior leaders

Hands-on experience

Exposure to asset management

Job summary

Spider Management Company offers a summer internship to Fall 2026 sophomores majoring in Business/Finance or quantitative disciplines. You will engage in research, data collection, and analysis on potential investments, participate in team meetings, and gain exposure to asset management across multiple classes.

Work will include report production, database management, and ad-hoc projects to improve processes.

Qualifications

• Fall 2026 Sophomore—prefer business/finance or quantitative major.
• Excellent academic credentials and strong analytical skills.
• Proficiency in Microsoft Office; advanced Excel and/or PowerPoint preferred.
• Strong written and oral communication; professional demeanor.
• Self-starter, detail-oriented and able to work independently; team player.

Responsibilities

• Assist research, data collection, and analysis on potential investments.
• Produce reports and manage databases; support compliance.
• Attend team meetings and meetings with external investment managers (virtual or in-person).
• Take on ad-hoc projects to improve processes and present findings.

Skills

Quantitative analysis

Advanced Excel

Strong communication

Self-starter

Detail-oriented

Education

Finance major

Economics major

Business/Finance minor

Tools

Microsoft Excel

PowerPoint

Job description

Job DescriptionSpider Management Company Summer Internship Opportunity for UR Partner Institutions ONLY: Virginia State University, Hampden-Sydney College, Randolph College, University of Lynchburg, The Citadel, Campbellsville University, Longwood University, PGA First Tee affiliation

POSITION SUMMARY:

Spider Management's (Spider's) internship program is intended to expose a sophomore student to a wide range of strategies across the asset management industry.Spider Management Company is the investment office for the University of Richmond and a select group of other non-profit organizations. Spider's 23-person team is split between Investments, Operations, and Investor Relations.

JOB DUTIES/RESPONSIBILITIES:

This internship will provide valuable hands-on experience across the organization's three teams. Projects could include, but are not limited to, research, data collection and analysis on potential investments, report production, database management, compliance, and market analysis. Candidates will attend team meetings, as well as have the opportunity to attend meetings with external investment managers across asset classes (meetings may be virtual or in-person). Candidates will also have the opportunity to take on ad-hoc projects to improve the team's processes and/or explore select topics of interest for the purpose of presenting their findings to the team.

Our intern program offers the following:

The opportunity to immerse yourself in the daily responsibilities, projects, and initiativesCollaborate with seasoned professionalsInteract with team members and senior leadershipGain exposure to various areas of the businessContribute to evaluations of prospective investment opportunities

What You Will Learn/Gain During the Internship:

Basics of endowment and foundation investingInteract with and learn from world-class investment managersFundamentals of asset allocation and portfolio managementIntroduction to multiple traditional and alternative investment asset classesExposure to investment opportunities in a wide variety of sectors and geographies

QUALIFICATIONS:

Fall 2026 Sophomore, preferably majoring or minoring in Business/Finance or another quantitative disciplineMust have excellent academic credentialsFully developed quantitative and analytical skillsProficiency in Microsoft Office products; advanced Excel and/or PowerPoint skills preferredStrong communication skills, both written and oralAbility to multi-task and work independentlyDetail-oriented and extremely proactiveSelf-starterHigh level of professionalism and integrityCooperative attitude - must be a team playerInterest in investment management industry, particularly non-profit investment managementMust adhere to Spider Management Company's Code of Ethics policy

REQUIRED:

Fall 2026 Sophomore Student; Econ and Finance majors strongly preferredStudent attending a UR Partner Institution (see above if your institution is listed)Resume and cover letter Copy of Unofficial College Transcript

Schedule: Monday through Friday, 8:30 am to 5 pm; schedule times may vary.Pay Rate: $20 to $25 an hour. This is an 8 to 10-week part-time, temporary position, mid-May to mid-August 2027.