Office of Investments Internship
The Smithsonian Institution has a $1.2 billion Endowment and a $250 million short-term working capital fund. The Endowment uses external investment managers to invest in diverse asset classes and strategies that include global equity, fixed income, hedge funds, private equity and real assets. The working capital fund is invested in high grade fixed income securities. The Smithsonian receives approximately 70% of its funding from the Federal government with the balance from its Endowment, research grants, philanthropic donations, and the income from its commercial activities.
The Office of Investments (OI) manages investments and is responsible for the growth, safety, and integrity of the Institution’s financial assets. The Chief Investment Officer provides advice to senior management and unit managers on a range of financial issues, including the investment and management of the Institution’s resources.
An internship with the Office of Investments is an opportunity for students with a passion for and curiousity in institutional investment management to gain practical skills and experience. The program offers a full-time summer program in our Washington,
DC office. Assignments will be related, but not limited, to:
- Maintain electronic filing system that tracks information and correspondence received from external investment managers
- Perform adhoc research projects to gather data, summarize information and prepare synopsis for review by other staff
- Provide written and oral presentations, reports and correspondence
- Perform administrative and clerical tasks
Summer internships are anticipated to begin on the first Monday in June and end in mid-August. Hours are full-time (40 hours/week) for 10 weeks.
Applications for summer program should be submitted by January 31st.
Areas of Study: Investment management, economics; business, mathematics
Contact : Cathy Yoon, Special Assistant
Contact Phone: 202-633-7138
Contact Fax: 202-312-1969
Contact Email: firstname.lastname@example.org
Session Name: Summer
Term: 400 hours over 10 weeks, flexible
Deadline: January 31
Apply Through: SOLAA