Details
Posted: 26-Apr-22
Location: Pittsburgh, Pennsylvania
Type: Part Time
Federated Hermes Internship Program provides students the opportunity to gain “hands on” experience and develop professional skills as well as the ability to network with talented professionals and gain insight into career possibilities within the asset management industry. The program includes a variety of events designed to enhance the internship experience, provide participants with information about Federated Hermes and foster collaboration among their cohort.
Purpose of the Internship:
Provide day to day, timely delivery of high-quality investment and portfolio data to investment professionals, clients and vendors. Collect, analyze, calculate and report information that is critical to the operations of the firm. This internship provides an opportunity to gain experience in two of the following: Enterprise Data Operations, Portfolio Operations, Global Trade Services, and Trading Operations.
Major Duties:
- Monitor investment and portfolio data maintained in Federated Hermes’ data warehouse(s)
- Reconcile daily security pricing, portfolio market values and cash flows
- Provide daily investment management cash availability
- Assist in the production and revision of derivatives contracts with counterparties
- Track trades through the settlement process
- Monitor derivatives transactions including collateral management
Hours/location:
- Full-time summer schedule working 37.5 hours/week and part-time school year schedule working 15-20 hours/week. Work hours will be flexible based on student’s schedule.
- Federated Hermes Tower – Pittsburgh, PA 15222 (Summer) and Remote (School Year)
Explanatory Comments:
- Above averagenalytical and problem-solving skills, attention to detail, accuracy and timeliness
- Demonstrate ability to work in a fast-paced environment and meet deadlines
Position Specifications:
- Pursuing or willing to pursue a college degree required; pursuit of Bachelor’s Degree in business or related major preferred.
- Proficiency with Word and Excel required; PowerPoint preferred
- Interest in the investment industry
Why work at Federated Hermes?
At Federated Hermes, our goals are to help individuals invest and retire better, to help our clients achieve better risk-adjusted returns, and to contribute to the positive outcomes in the wider world. We pledge to always putting our clients first and to acting responsibly and transparently. Our commitment to active, responsible investment has enabled us to become a leading investment manager with $655B in assets under management; serving investors around the world.
We provide careers opportunities that have enabled our employees to grow and meet their career aspirations while balancing the needs of their personal lives. We offer a collaborative environment that promotes doing things the right way and always with integrity, sharing ideas to drive positive change, and following through on our commitments. We are motivated by a higher purpose and always consider the impact of our work. We promote teamwork and foster a diverse, inclusive and respectful workplace where unique perspectives, ideas and experiences are recognized and appreciated for the contributions they bring. At Federated Hermes, we are committed to providing equal employment opportunity in all aspects of employment. As part of the company's equal employment opportunity policy, Federated Hermes takes affirmative action to ensure that minorities, females, veterans, and qualified people with disabilities are considered for employment and promotional opportunities.
Only those candidates in whom we have an interest will be contacted.
https://careers.federatedinvestors.com/psp/EXT/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=11&JobOpeningId=8493&PostingSeq=1
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