Tuesday, October 17, 2023

Internship Opportunity at MSRPS Investment Division

The Investment Division of the Maryland State Retirement Agency seeks two bright, highly motivated individuals to join our Investment Analyst Internship Program. Each Intern will have a hands-on opportunity to apply what has been learned in the classroom to a real world, large-scale investment operation. The interns will be assigned special projects, learn how to utilize financial software, and work with experts who are responsible for investing the plan assets of the Maryland State Retirement and Pension System, totaling approximately $65.2 Billion as of June 30, 2023. This is an opportunity for students going into their junior, senior, or graduate studies, or a recent graduate (December 2023 or May 2024) at the start of the internship.

The start of the internship is May 29, 2024. This internship will run about 12 weeks, subject to the availability of selected candidates. This internship will follow a hybrid model: a combination of in-person and virtual presence will be required.

As a Summer Intern you will:
  • Have the opportunity to work on special projects in one or more areas of the Investment Division
  • Conduct research projects that could directly be implemented to make investment decisions
  • Present research findings to senior management
  • Have the opportunity to learn about macroeconomic and political events through industry seminars & conferences and how those events tie into the investment process
  • Learn about and assist with the investment manager due-diligence process
  • Acquire foundational skills over a wide range of investment disciplines and asset classes
  • Perform other department related projects and duties as assigned
Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications to receive credit.
  • Minimum of 15 credit hours in STEM or Finance related subjects at the start of the internship
  • Proficient in Microsoft Excel, Word, and PowerPoint
  • Have ties to Maryland (attendance of the Maryland based university and/or Maryland residence)
  • Knowledge of or possession of coding skills in R, Python, or other programing languages
Ideal candidates should have:
  • Excellent communication and interpersonal skills
  • Intellectual curiosity and strong problem-solving skills
  • Excellent analytical skills and attention to detail
  • Ability to work independently with moderate direction and as part of a team
  • Ability to establish and maintain cooperative working and professional relationships
  • Ability to quickly adapt to changes in priorities, assignments, and timelines
  • Possession of high integrity and ethical values