Spider Management Intern

UR University of Richmond; United States; On-site; USD 28,000 - 34,000; Part time

Job summary

University of Richmond's Spider Management Company offers a summer internship for UR partner institutions, exposing a sophomore to strategies across asset management. The program spans Investments, Operations, and Investor Relations, with hands-on work in research, data collection, and report production.

You'll attend team meetings and potentially meet external investment managers; projects include process improvements and topic-focused presentations for the team.

Qualifications

• Fall 2026 Sophomore pursuing Business/Finance or quantitative discipline.
• Excellent academic credentials.
• Quantitative and analytical skills developed.
• Proficiency in Microsoft Office; advanced Excel and/or PowerPoint preferred.
• Strong written and oral communication.
• Ability to multi-task and work independently.
• Detail-oriented and proactive; self-starter.
• Professional demeanor and teamwork.
• Interest in investment management industry, especially non-profit sector.
• Must adhere to Spider Management Company’s Code of Ethics policy.

Responsibilities

• Assist with research, data collection and analysis on potential investments.
• Generate reports and manage databases.
• Support compliance and market analysis activities.
• Attend team meetings and meetings with external investment managers.
• Contribute to ad‑hoc projects to improve processes.

Skills

Analytical skills

Communication skills

Multi-tasking

Detail-oriented

Proactive

Team player

Self-starter

Professionalism

Quantitative skills

Interest in investment management

Education

Sophomore Fall 2026

Econ/Finance majors preferred

Tools

Microsoft Office

Excel

PowerPoint

Job description

Spider 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 initiatives
• Collaborate with seasoned professionals
• Interact with team members and senior leadership
• Gain exposure to various areas of the business
• Contribute to evaluations of prospective investment opportunities

What You Will Learn/Gain During the Internship:

• Basics of endowment and foundation investing
• Interact with and learn from world-class investment managers
• Fundamentals of asset allocation and portfolio management
• Introduction to multiple traditional and alternative investment asset classes
• Exposure 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 discipline
• Must have excellent academic credentials
• Fully developed quantitative and analytical skills
• Proficiency in Microsoft Office products; advanced Excel and/or PowerPoint skills preferred
• Strong communication skills, both written and oral
• Ability to multi-task and work independently
• Detail-oriented and extremely proactive
• Self-starter
• High level of professionalism and integrity
• Cooperative attitude – must be a team player
• Interest in investment management industry, particularly non-profit investment management
• Must adhere to Spider Management Company’s Code of Ethics policy

REQUIRED:

• Fall 2026 Sophomore Student; Econ and Finance majors strongly preferred
• Student 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.

Located just minutes from downtown Richmond, Virginia, the University of Richmond blends the intimacy of a small college with exceptional academic, research, and cultural opportunities usually found only at large institutions.

The mission of the University of Richmond is to educate in an academically challenging, intellectually vibrant, and collaborative community dedicated to the holistic development of students and the production of scholarly and creative work. A Richmond education prepares students for lives of purpose, thoughtful inquiry, and responsible leadership in a diverse world. Our strategic priorities are academic excellence, belonging and community, access and affordability, well-being, and experiential learning and community engagement. These priorities, coupled with strong benefits, makes the University of Richmond an employer of choice in the Richmond area. UR is a private, highly selective, liberal arts university with a welcoming spirit that prizes diversity of experience and thought. With more than 60 undergraduate majors and an average undergraduate class size of 15 students, the University provides a collaborative learning and research environment unlike any other in higher education, offering students an extraordinary combination of the liberal arts with law, business, leadership studies, and continuing education. The University of Richmond ranks number 30 among the nation’s best liberal arts colleges by US News and World Report, one of many accolades that showcases Richmond as a premiere place to grow professionally and personally.