Investment Operations Internship

Posted Yesterday
Be an Early Applicant
Milwaukee, WI
Hybrid
17-30 Hourly
Internship
Fintech • Insurance • Financial Services
Start-Up Vibes with The Stability of a Fortune 100 Company.
The Role
The Investment Operations Intern supports transaction execution related to investments, ensuring data accuracy, responding to inquiries, and maintaining records.
Summary Generated by Built In
Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. After application and initial screening conversation, interns are aligned interview and be hired to a specific team at NM based on their abilities and interests, providing exposure to real-world business perspectives through hands-on learning and significant work. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more!
Summary:
As an Investment Operations Intern, you will work with the Northwestern Mutual Managed Investment business partners, brokers and traders supporting the timely and accurate execution of transactions related to investments managed by the front office (Mason Street Advisors, Northwestern Investment Management Company, Northwestern Mutual Real Estate, Investment Strategy and Northwestern Mutual Capital) including settlement of trades, ongoing maintenance, and transactions such as principal, interest, cash flows, fees, and corporate actions. Investments managed include domestic fixed income, common stock, derivatives, foreign, and alternative investments.
Primary Duties and Responsibilities:
  • Ensure investment data is accurate, complete, and timely. Review and reconcile cash, investment positions and critical attributive investment data.

  • Respond to internal and external inquiries regarding investment holdings and activity.

  • Maintain investment data on various systems and conduct reconciliations.

  • Respond to and investigate cash receivable and payable exceptions.

  • Maintain records and perform reconciliation of physical securities.

Requirements:
  • Enrolled in a college degree program with a business major and an emphasis in finance, accounting, management, or real estate.

  • GPA of 3.0 or better

  • Proficiency in Word, Excel, and Outlook.

  • Must be self-motivated and organized; also, must know how to work independently, multi-task, establish priorities, and meet deadlines.

  • Strong interpersonal skills and analytical ability

Compensation Range:
Pay Range - Start:
$16.50
Pay Range - End:
$30.00
We believe in fairness and transparency. It's why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed.
Build a strong career foundation with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!
Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.
FIND YOUR FUTURE
We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.
  • Flexible work schedules
  • Concierge service
  • Comprehensive benefits
  • Employee resource groups

Top Skills

Excel
Outlook
Word

What the Team is Saying

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The Company
HQ: Milwaukee, WI
8,400 Employees
Year Founded: 1857

What We Do

You’ll Like It Here

At Northwestern Mutual, we believe that our lives and our work matter. And that doing what’s right is good for everyone. We follow through by designing tech that improves the community and cultivating creative ways to make finance accessible anywhere. These guiding principles have allowed our company to grow for more than 160 years.

Here, you’ll be with a team who emphasizes integrity and prioritizes security to design experiences that better everyone. You’ll work in cross functional teams to create optimal solutions that are rooted in innovative strategy and thoughtful execution. And you’re provided development tools and opportunities to become a leader all with the support of a collaborative team. You’ll be surrounded in a culture that values innovation and works to always evolve to stay ahead of trends and client needs.

We are intentional in seeking out team members who will challenge us. Our employees choose us for the career opportunities, commitment to philanthropy and desire to have a meaningful impact in the lives of our clients. You have career passions and goals. We have ambition and opportunity for you to grow your future in tech. Discover today: https://careers.northwesternmutual.com/

Why Work With Us

We invest in our people. We know careers are about choices, so we provide intentional opportunity. Here you can build creative ways to make finance accessible anywhere and revolutionize traditional processes. As a mutual company, our focus is our people — whether professional development or investments in the community. 

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About our Teams

Northwestern Mutual Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We offer a flexible, hybrid approach for our employees . Teams are in the office a few days a week and work from home the others.

Typical time on-site: Flexible
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HQMilwaukee, WI
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New York, NY
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