What are the responsibilities and job description for the Financial Svcs / Investment Ops Student Worker - Student Worker Para-Professional Senior position at State of Minnesota?
Working Title : Financial Svcs / Investment Ops Student Worker
Job Class : Student Worker Para-Professional Senior
Agency : Investment Board
Job ID : 84084
Location : St. Paul
Telework Eligible : No
Full / Part Time : Part-Time
Regular / Temporary : Limited
Who May Apply : Open to all qualified job seekers
Date Posted : 02 / 14 / 2025
Closing Date : 03 / 07 / 2025
Hiring Agency / Seniority Unit : Investment Board / Investment Board-AFSCME
Division / Unit : State Board Of Investment(SBI) / Accounting
Work Shift / Work Hours : 8 : 00am-4 : 30pm
Days of Work : Monday - Thursday
Travel Required : No
Salary Range : $19.56 - $23.26 / hourly
Classified Status : Unclassified
Bargaining Unit / Union : 207 - Technical / AFSCME
Work Area : Accounting
End Date : 07 / 31 / 2025
FLSA Status : Nonexempt
Designated in Connect 700 Program for Applicants with Disabilities () : No
The work you'll do is more than just a job.
At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.
As part of a structured summer program, the student worker will be assigned to the Financial Services and Accounting Team. A student worker in this class performs and learns to perform financial services and investment operations work assisting the Minnesota State Board of Investment (SBI) staff in reconciling investment managers, public and private market investment fees, trade order entry, broker settlement and other daily investment reconciliations. Additionally, this position will work on other financial services and accounting projects such as reporting and accounting for defined benefit retirement plans, defined contribution plans, non-retirement accounts and tax-advantaged savings plans for the State of Minnesota and its employees. By the end of the program, the student will gain a deeper understanding of the SBI's mission and financial operations.
Some student worker responsibilities will be :
Attend meetings with financial services staff and SBI’s custodial bank.
Update and create new reports and analyses for the team.
Assist with the completion of daily, monthly, and quarterly transactions.
Assist with the daily reconciliation of internally managed funds.
Assist with the monthly reconciliation of public and private market investment managers.
Assist with the investment orders and settlement reconciliation of internally managed funds.
Candidates should be able to work 32 hours per week between 8 : 00am and 4 : 30pm Monday through Thursday from June 2, 2025 through July 31, 2025, with flexibility to accommodate academic calendars as necessary. Depending on available work projects and activities, the internship could be extended for an additional two weeks until August 14, 2025. The SBI offices will be closed the week of June 30-July 4, student workers will not work this week.
This position may count towards internship credit with your university. You will need to work with your university to determine if this position will qualify as an internship.
Minimum Qualifications
Undergraduate student having completed their second (sophomore) or third (junior) year of study in an accounting, finance or business related field.
Applicants who meet the above requirements will be further evaluated based on the following :
Communication and human relation skills sufficient to interact with supervisory staff, co-workers, and the public
Understand and follow instructions, both oral and written, to complete assignments correctly
Ability to handle multiple projects
Ability to work individually and to collaborate in a team environment
To be eligible as a student worker, you must be a student enrolled in a post-secondary program. If you are enrolled at a credit granting institution, you must carry at least six semester credits; if enrolled at a non-credit granting institution or one that only offers one credit per class, you must be taking two or more classes per semester. You will be asked to complete an Educational Verification form prior to appointment.
Preferred Qualification
A student with an interest in public service.
A student with an interest in learning more about accounting and investment related topics.
Additional Requirements
The background check may consist of the following components :
- SEMA4 Records Check (applies to current and past State employees only)
- Criminal History Check
- Employment Reference Check
- Social Security and Address Verification
- Education Verification
- Driver's License Check
The State Board of Investment will not sponsor applicants for work visas. All applicants must be legally authorized to work in the United States.
AN EQUAL OPPORTUNITY EMPLOYER
Minnesota State Colleges and Universities is an Equal Opportunity employer / educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.
Reasonable accommodations will be made to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email careers@state.mn.us . Please indicate what assistance is needed.
Salary : $20 - $23
