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Internship

• Starts Jun 4

2024 Summer Intern - Investment Compliance

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Aflac

2mo ago

🚀 Summer Internship

New York

AI generated summary

  • Seeking a highly motivated student with a degree in computer science, finance, or related fields, with a GPA of 3.0 or above, strong analytical and communication skills, proficiency in MS Office, and ability to work in the U.S. Eastern Standard Time zone.
  • The candidate will work on daily trade surveillance, breach investigation, analysis of IMAs, monitoring regulatory developments, communication with various teams, compliance testing, ESG research, due diligence for managers, and presentations to stakeholders at Aflac as an Investment Compliance Summer Intern.

Summer Internship

Banking & FinanceNew York

Description

  • Our summer interns participate in a series of activities that provide the opportunity to learn about all areas of the firm, as well as on-the job training in investment compliance and portfolio surveillance. The Intern will be assigned projects in support of current business needs that can include ad-hoc analysis. Intern will also learn best practices in research, data analytics and other responsibilities in support of investment compliance function during the full 10 week period.

Program Overview:

  • The Summer Internship is an intensive 10-week internship program within investment compliance, a team responsible for administering the investment compliance program at Aflac Global Investments.
  • The Intern will gain valuable experience in investment compliance, including exposure to industry, company, financial, portfolio monitoring while using/maintaining large data sets and synthesizing ideas from data, while learning about insurance asset management and the industry.
  • The Intern will benefit from virtual exposure to Aflac Global Investments platform with emphasis on fixed income - portfolio management, understanding the life cycle of a trade through investment risk management, trading and operations and the execution of investments across our US and Japan operations.
  • The Intern will interact with Senior Management and will present their analytical project(s) to an audience of key stakeholders including other analysts, investment professionals, and Senior Management. 

Requirements

  • We seek highly motivated student with degree focus in computer science, information systems, data / business analytics; finance, or similar degree programs and has an ability to demonstrate a willingness to learn, intellectual curiosity, and have a strong interest working in investments, finance, data or business analytics within an insurance asset management and/or our company.
  • Additional qualifications include:
  • GPA of 3.0 or above preferred
  • Excellent analytical, quantitative, and problem solving skills
  • Strong verbal and written communication skills
  • Demonstrated leadership, interpersonal, and relationship management skills
  • Intermediate to advanced proficiency with MS Office, with an emphasis on Excel and PowerPoint
  • All candidates must have eligibility to work permanently in the U.S. and must be physically located in the continental U.S. for the duration of internship.
  • Working time zone is Eastern Standard Time in New York City.

Education requirements

Currently Studying

Area of Responsibilities

Banking & Finance

Responsibilities

  • Manage daily surveillance of trades on behalf of Aflac Global Investments –while learning investment compliance and the trade operational workflows for an insurance asset manager.
  • Learn how to coordinate the breach investigation process and management reporting.
  • Assist with analysis of client Investment Management Agreements (IMAs) and seeking clarification of guidelines from the business when necessary.
  • Contribute to the construction of procedures and controls in relation to trade guideline monitoring.
  • Monitor developments with the NAIC, SEC, Japan FSA, State DOI’s and CFTC as they relate to the Investment function. Will develop working knowledge of US and Japan Securities and Derivatives Regulations as they pertain to Insurance Industry Investment activity.
  • Communicate regularly with Traders, Portfolio Management, Operations, and Risk, as well as other functional areas of the firm.
  • Work to limit regulatory and reputation risk of Aflac and help to reinforce Aflac Global Investment’s culture of compliance.
  • Assist with transaction and forensic Compliance testing.
  • Compile research on investment compliance and regulatory related issues within an Insurance company; with a particular interest in Environment, Social, and Governance (ESG).
  • Written and verbal presentations to assorted stakeholders.
  • Assist in the due diligence review process for new and existing external investment managers.
  • Participate in company/department wide meetings throughout the summer.

Details

Work type

Full time

Work mode

hybrid

Start date

Jun 4, 2024

Location

New York