Investment Office Intern (College)

Did you know that the Public School Employees' Retirement System's (PSERS) is one of the top 25 largest public pension funds in the US supporting more than 500,000 active and retired PA teachers? Are you a college Junior or Sophomore who likes working with numbers, or is curious about current events and global trends, and has a passion for managing money? Then PSERS has the perfect opportunity for you!

As an Investment Office Intern, you will work directly with the PSERS Investment Office (IO) staff across Public Markets, Private Markets, and Risk roles to review portfolio performance, support investment recommendations, understand and adjust risk monitoring, and oversee the operations of a large and complex pension fund.

Upon completion of this internship, you will have learned:

• How investment operations are managed and executed in a governmental pension setting
• First-hand, real-time knowledge of and experience working with associated investments
• Best practices for investment operations, research, project management, and communications

Each intern will be assigned a supervisor within one of the departments outlined above who will lead their daily work schedule, while also benefitting from specific programming providing a broader overview of the overall pension fund.

POTENTIAL DUTIES OF THE POSITION

• Maintain portfolio-related databases and streamline market data accessibility.
• Collect and aggregate market commentary/data to assist in the development of investment themes and use within internal presentations.
• Review annual and quarterly financial reports and summarize findings.
• Collaborate across the Public Markets, Private Markets, Risk, and Operations groups to benefit efficient, effective functioning of the PSERS IO.
• Take organized, detailed meeting notes and create executive summaries.
• Assist in managing pipeline of prospective investments.
• Assist with investment/manager due diligence, including managing deliverable timelines.
• Prepare information in advance of meetings including, investment/manager tear sheets, performance analysis, and summary of prior meetings.
• Schedule phone calls and video conferences for manager introductions and monitoring meetings.
• Work on special projects as needed.

Work Schedule and Additional Information:

• Work Schedule: This internship is expected to run for 10 weeks throughout the 2026 summer (June to August) for 37.5 hours per week between the hours of 8:00 AM - 4:30 PM.
• Telework: The summer internship will follow PSERS teleworking policy, which is expected to include in person training at PSERS' Harrisburg, PA headquarters, require Pennsylvania residency during the internship, and otherwise accommodate remote work as agreed with the intern's manager. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. The ability to telework is subject to change at any time. Additional details may be provided during the interview.
• Interview Schedule: Interviews are expected to take place over January and February and will be held virtually via Microsoft Teams.
• Salary: In some cases, the starting salary may be non-negotiable.
• You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

QUALIFICATIONS

Internship Requirements:

• Currently enrolled in college full-time (carrying 12 or more undergraduate credits, or 9 or more graduate credits).
• Be in good academic standing (GPA of 2.0 or higher).
• Be at least 18 years of age.

Additional Requirements:

• You must be reliable and detail-oriented, excellent organizational aptitude.
• You must have positive "can-do" attitude and strong work ethic.
• You must work well with others in a team environment.
• You must have the ability to multi-task and maintain focus in a time-sensitive environment.
• You must have strong written and verbal communication skills.
• You must be proficient in Microsoft Office applications, including Word, Excel, and PowerPoint.
• You must be able to perform essential job functions.

Legal Requirements:

• A conditional offer of employment will require submission of criminal history reports. See hiring agency contact information.

How to Apply:

• Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
• If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.
• Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
• Failure to comply with the above application requirements may eliminate you from consideration for this position.

Veterans:

• Pennsylvania law (51 Pa. C.S. *7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.pa.gov/agencies/employment/how-to-apply.html and click on Veterans.

Telecommunications Relay Service (TRS):

• 711 (hearing and speech disabilities or other individuals).

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.