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Internship

‚ÄĘ Starts Jun 4

Intern - Global Investments

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Aflac

‚ÄĘ

2mo ago

ūüöÄ Summer Internship

New York

‚Ćõ Closed
Applications are closed

Summer Internship

Banking & Finance‚ÄĘNew 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 portfolio analytics and surveillance. The Intern will be assigned projects in support of current business needs including data governance and business analytics while focusing on optimization and efficiency projects, structuring of large data sets in support of portfolio management and investment decision making. Intern will also learn best practices for research and data analytics and other responsibilities in support of managing investments in an insurance asset manager for the full 10 week period.

Program Overview:

  • The Associate Summer Internship is a ~10-week internship program within the data governance department where the intern will learn about investments and methods for analyzing large data sets. Data assessment and application in an insurance asset manager, data governance, and business analytic tools used in relation to managing large data sets.
  • The Intern will gain valuable experience in data governance and business analytics, large data analysis and synthesizing ideas from data, while also learning about insurance asset management and the industry, companies and their financials, company and market analysis; whilst leveraging data mining tools to compliment daily team activities.
  • The Intern will benefit from virtual exposure to Aflac Global Investments platform projects from concept √† design √† test √† and implementation, while understanding the characteristics of different asset classes and the leveraging best practices in data and business analytics 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 a highly motivated student with degree focus in business that has an interest in audit, risk, accounting, 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, business and data 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.
  • Worker Designation: requires a hybrid work schedule with a minimum of 3 days in the office

Education requirements

Currently Studying
Bachelors

Area of Responsibilities

Banking & Finance

Responsibilities

  • Develop understanding and appreciation for operational risk function within an insurance asset management company and learning the importance around business controls, department roles, operational workflow and possibly new business initiatives and their implementation in a growing firm which includes legacy, current, and future business objectives and the people and applications to achieve these goals.
  • Operational Risk Management:
  • Learn how to facilitate the maturation and implementation of a defined Operational Risk Management (ORM) framework, within a continuous growing insurance asset manager. Develop understand around background √† design √†identification √†threshold (and escalation) √† usage √† effectiveness √† and overall program governance.
  • Develop an understanding of Risk and Control Self-Assessment (RCSA), Key Risk Indicators (KRI), Loss Event, Risk Response and Reporting programs, Key Operating Procedures (KOPs) along with their importance of monthly, quarterly, or annual reviews.
  • Support the update of applicable ORM policies and committee / regulatory communications where applicable
  • Global Investments (GI) Risk Operations:
  • Monitor, consult upon, and update where applicable (i.e. risk limit policy matters) reviewing of GI policies and procedures, analysis, assessment, findings, and recommendations.
  • Develop and apply an end to end understanding of GI KOPs and application of controls and limits for the application of ORM limit monitoring programs
  • Support independent advisory and governance activities for key GI initiatives (e.g. execution of new asset class mandates)
  • Evolve your knowledge of independent governance and risk monitoring for investments specific operational risks within an insurance asset manager.
  • Work closely with the various teams across Aflac Global Investments and learn various aspects of business work flows, evolution of business process and the application of assessment of business controls which includes process mapping, risk monitoring, along with reporting and recommendations across different investment initiatives.
  • Global Investments (GI) Risk Reporting:
  • Design and develop dashboards, reports and presentations regarding operational investment risk matters for recommendations to GI management and various committee reporting and governance
  • Prepare oral and written analyses and concepts to Aflac Global Investment Risk team and assorted stakeholders.
  • Compile and maintain highly sensitive and confidential information in accordance with ORM policies and governance.
  • 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

Benefits

  • Aflac Global Investments has over $100 billion of assets under management.
  • Aflac is a Fortune 100 company with a significant overseas operations in Japan, Bermuda, and U.S. and a corporate culture that recognizes and rewards excellence in all of its employees.
  • Opportunity to gain deep industry knowledge of investments through focused interaction with existing experienced professional staff to generate real-world work product.
  • An open, collaborative work environment amongst other interns in different programs, as well as employees and senior management.
  • Training sessions including Introduction to Fixed Income, Life Cycle of Trading, Understanding Investments Technology Platform, The Role of Compliance in an Insurance Investment Firm, Credit/Market Risk, Derivatives, Macro Strategy, and Understanding the Buy-Side of Investments.
  • Weekly financial/investment/economic discussions with company senior stakeholders to develop and inform investment theory to practical application.
  • Information sessions with senior management, networking with other interns placed throughout other areas of Aflac, and virtual social activities.