What are the responsibilities and job description for the Investment Intern Investment Intern Investment Intern position at Illinois Gov?
Investment Intern
We continually strive for a workforce that reflects the growing diversity within the State of Illinois. A variety of employee backgrounds, perspectives, ideas and experiences are crucial to our ability to most effectively serve the public. Bilingual skills welcome
Reasonable Accommodation Statement
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To be provided a Reasonable Accommodation during the hiring process, you will need to provide a certification of disability from a physician, psychiatrist, school official or an Illinois Department of Human Services (DHS) Division of Rehabilitation Services (DRS) Vocational Rehabilitation (VR) Counselor. Supporting documentation should be uploaded underMy Documents → Additional Documentssection for each application.
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Sponsorship for Employment
The State of Illinois does not provide sponsorship for employment visa status (e.g. H-1B visa status). To be considered for permanent employment with the State of Illinois, applicants must be currently authorized to work in the United States on a full-time basis.
Disclosure of Salary Information
In compliance with the Illinois Equal Pay Act, 820 ILCS 112/1 et seq., the State does not seek, request, or require a job applicant's wage or salary history. Employment decisions are not made based on an applicant's wage or salary history. To that end, pleasedo not include wage or salary information in your resume or other profile or application materials.
Date: Dec 10, 2024 Location:Springfield, IL, US, 62702
Job Requisition ID: 42144Agency: Teachers' Retirement System of the State of Illinois
Closing Date/Time:01/10/2025
Salary:$18/HR
Job Type:Hourly
County:Sangamon
Number of Vacancies:1
****************A RESUME IS REQUIRED FOR THIS JOB POSTING****************
Please attach aDETAILEDResume/Curriculum Vitae (CV)to theMY DOCUMENTSsection of your application. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document that is not a Resume or CV.
ABOUT TRS
Founded in 1939 by the Illinois General Assembly, the Teachers’ Retirement System of the State of Illinois (TRS) is one of the largest pension systems in the United States. We provide retirement, disability and survivor benefits to teachers, administrators and other public-school personnel employed outside the city of Chicago. The System serves over 448,000 members and had assets of $72.9 billion as of August 31, 2024. TRS is governed by a 15-member Board of Trustees.
THE INVESTMENTS TEAM
An investments career with TRS is an opportunity to help Illinois public educators achieve their promised retirement security. The Investments team at TRS serves a critical role within TRS’ mission, as the team collectively manages and monitors over $72.9 billion in retirement assets on behalf of the System, as of August 31, 2024. The team consists of over 20 professionals that are responsible for evaluating and selecting external investment managers for the investment portfolio. Investing in a variety of strategies spanning equity, fixed income, real assets, hedge funds, and private markets asset classes, the team’s investment process includes significant qualitative and quantitative diligence. Investment professionals meet with existing and prospective managers to evaluate manager returns, risk, and fit within the portfolio. Manager exposures, track record, and other data are thoroughly analyzed within multiple systems throughout the investment process.
POSITION OVERVIEW
The Teachers Retirement System of Illinois (TRS) is seeking motivated and driven students who are passionate about pursuing a long-term career in the investment industry. Interns will gain hands-on experience by working closely with internal and external investment professionals, participating in various investment initiatives, and developing critical skills to succeed in the industry. This is an opportunity to work within investments for one of the largest pension systems in the country.
KEY RESPONSIBILITIES
- Support investment team initiatives across multiple asset classes
- Assist in evaluating investment opportunities and conducting market research.
- Collaborate with internal and external investment professionals to perform data analysis and develop financial models.
- Contribute to portfolio management processes by gathering and analyzing data to support investment decisions.
- Attend investment meetings, either in-person or virtually, and participate in discussions with top industry experts.
- Assist in reporting and monitoring investment performance.
SKILLS DEVELOPED
Interns will have the opportunity to develop the following skills:
- Interpersonal:Build professional relationships and communicate effectively with industry leaders and investment professionals.
- Analytical:Gain experience in data analysis and financial modeling to evaluate investments and assist in decision-making.
- Critical Thinking:Learn to assess financial information and make informed recommendations to support investment strategies.
- Teamwork:Collaborate with a high-performance investment team in a dynamic, fast-paced environment.
ELIGIBILITY REQUIREMENTS
- Must be a current sophomore or junior as of Fall 2024.
- A strong interest in finance, investments, and asset management.
- Capable of working independently and collaboratively within a team.
- Proven analytical, organizational, and communication skills.
IDEAL CANDIDATE
We are looking for a dynamic, energetic intern who is eager to be a part of the investments team. Our ideal candidate is outgoing and intellectually curious. A team player who thrives in both independent and collaborative environments. Someone who possesses strong interpersonal skills, allowing them to build and maintain positive working relationships with colleagues. The individual should have excellent verbal and written communication skills. Someone who has a solid understanding of finance, investment principles, and financial analysis methods. Candidates should have proficiency in preparing reports, presentations, and maintaining both physical and digital records. The candidate should also be highly skilled in Microsoft Office applications, with any experience in databases being a plus.
Work Hours:8:30am - 4:30pm
Work Location:2815 W. Washington St., Springfield, IL 62702-3397
Agency Contact:cwalls@trsil.org
Job Family:Fiscal, Finance & Procurement
TRS provides retirement benefits for teachers who are employed by all Illinois public common and charter school districts located outside the city of Chicago. The Illinois Pension Code contains the laws relating to our creation, benefits, and administration.
The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
- donotreply@SIL-P1.ns2cloud.com
- systems@SIL-P1.ns2cloud.com
Nearest Major Market:Springfield
Salary : $18