Team Overview
The Investment Services Group is responsible for managing critical inputs to the firm’s investment process, managing the services provided by our outsourced middle-office, and supporting our portfolio management team, processes and investment initiatives. Individuals in this group develop a deep understanding of our investment process and have experience in financial services or asset management.
As an Investment Services Summer Intern, you will be immersed in our daily efforts, working side-by-side with members of the Investment Services group. Our intern program allows you to rotate across three teams within the Investment Services Group. Guided by your manager and mentor, you will work on high impact projects that may involve finance, business, and accounting.
Responsibilities
Markets. Monitor for upcoming market events, changes and communicate these to the broader investments teams along with research that will help support our implementation of and internal changes.
Security Data. Manage the quality of this data in particular evaluating the quality of security prices, country and sector reference information across our investible universe.
Account Activity. Support the management of portfolio subscriptions and redemptions, set up new markets for trading, manage portfolio conversion activities, and manage broker and counterparty eligibility or restrictions.
Portfolio Holdings and Transactions. Evaluate the quality of holdings data through the review of systematic reconciliations and integrity checks across portfolio holdings, transactions, corporate actions, cash balances, and good to sell files across our trading systems, middle-office records and client custodian records.
Post Trade Monitoring. Monitor failed trade reporting and proactively resolve trade settlement matters. Compile data required and broker performance on a daily basis. This group also manages the corporate action election process coordinating across legal, portfolio management, client relationship management and our middle office.
New Initiative Implementation. Lead and contribute to the implementation of critical investment initiatives. Identify business requirements for relevant software development needs.
Qualifications
Strong academic record in the undergraduate program with a finance, business, accounting, mathematics or computer science focus. Expected degree completion within a year of the summer internship.
Experience or interest in a programming language, preferably Python, a plus
Excellent organizational, analytical and problem-solving skills.
Microsoft Excel skills preferred.
A strong interest in data analysis and working with large amounts of data.
A strong interest in the asset management industry.
Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world.
Arrowstreet Capital is an equal opportunity employment firm that values diversity and inclusion. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, gender identity, genetic information, age, sexual orientation, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law. For more information, please refer to the Know Your Rights poster, as well as the following Pay Transparency statement.
Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.
