2025 Finance Undergraduate Intern - Investments

Company:  NewYork-Presbyterian Hospital
Location: New York
Closing Date: 24/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Location
New York, New York
Shift:
Day (United States of America)
Description:
Invest in Your Future and Ours
NewYork-Presbyterian is one of the nation's most comprehensive academic health care delivery systems, dedicated to providing the highest quality, most compassionate care to patients in the New York metropolitan area and throughout the globe. In collaboration with two renowned medical schools, Weill Cornell Medicine and Columbia University College of Physicians & Surgeons, NewYork-Presbyterian is consistently recognized as a leader in medical education, ground-breaking research, and innovative, patient-centered clinical care.
Summer 2025 Finance Internship Program - Investments
The NewYork-Presbyterian Finance Summer Intern Program educates undergraduate students on the overall financial operations of a hospital. The program is generally designed for those who are interested in the business aspect of healthcare and eager to explore the many facets of healthcare management.
Within the program, the Office of Investments is seeking a summer intern who is keen on learning about investing and the supporting processes. The work of the intern will directly impact the investment research and manager due diligence process of the Investments team. He/she will have the opportunity to attend investment manager meetings, familiarize with specific software and systems and also research current investment topics of interest. The intern's work will benefit NewYork-Presbyterian by helping grow the hospital endowment which in turn helps fund important initiatives that directly impact the hospital's mission and patient care. NewYork-Presbyterian relies on investment income to fund short and long-term capital planning. The goal is for the intern's research to be an accretive part of the investment portfolio for years to come.
The Finance Summer Intern program will also expose students to Senior Hospital Administration both within and outside of Investments and Finance as well as provide them with real-world experience in the corporate world. The program intends to create a pipeline of talent for future full-time employment post-graduation.
What You Can Expect
The Internship is an 8-week program based in New York City starting in early June. At the end of the program, students will present their project results to the Chief Financial Officer, Senior Leadership, Project Hosts and their Mentors.
Project Work
Investments Intern Program: The Investments summer intern will attend both internal and external meetings with staff and investment managers. The intern will obtain a general understanding of the asset classes, investment strategies, investment operations and fund accounting. There will also be an opportunity to learn some of the tools used in evaluating investments such as statistical modeling and returns analysis. The intern will have access to and receive training on various software and systems used by many institutional investors, endowments and foundations. The intern will assist with writing meeting summary notes, researching and summarizing current investment topics of interest and help with other projects as needed. An interest in learning about investments is required.
Mentor Program . Each intern is assigned a mentor who offers support and guidance throughout the summer. Mentors are hand-selected from the Finance department and help mentees envision and take steps toward the careers they desire.
Hospital Tours and Volunteer Opportunities . To put their project work in perspective, interns are given tours of the various NYP campuses as allowed and are given the opportunity to volunteer several hours a week at the hospital. Operational leaders explain connections to intern projects and provide the full picture of organizational activity.
Exposure to Senior Leadership . NYP leaders across many departments devote time to meet with the interns and share their personal stories, career paths and invaluable professional advice.
Networking Opportunities . From Meet & Greets to lunch sessions, the interns have many opportunities to partake in networking opportunities with employees across the organization. Separately, the Office of Investments will give the Investments intern opportunities to attend networking events allowing them to meet industry peers and learn more about the world of endowments and foundations.
Team Building Events . The program allows for creative ways to promote team bonding among the interns that fosters NYP culture.
2025 Internship Dates: June 2, 2025 - July 25, 2025
Schedule: Eight weeks, Monday through Friday, 9 AM-5 PM, 35 hours weekly, at least 4 days on-site.
Application Deadline: November 15, 2024
Preferred Criteria
  • Pursuing a bachelor's degree in accounting or a related major/program
  • An interest in accounting and healthcare
  • Completion of accounting and finance courses
  • Advanced proficiency with Microsoft Excel and intermediate proficiency with Microsoft PowerPoint
  • Exceptional communication, analytical, and problem-solving skills
  • Excellent organizational skills and ability to multitask
  • Ability to thrive in a fast-paced, collaborative environment
  • Highly inquisitive, focused, and proactive
  • Good judgment and discretion when working with confidential information
Required Criteria
  • Eligible candidates must be a rising senior undergraduate student who graduates in December 2025 - June 2026
  • Enrollment in a bachelor's program
  • Knowledge of computers and various Microsoft office applications
  • Ability to work independently
  • Good organizational and interpersonal skills
  • Ability to provide statistical analysis
Application and Selection Process Timeline
  • Apply . Applications must be submitted by Friday, November 15th.
  • Record an interview . Selected candidates will submit recorded video interviews via Modern Hire (Requests will be sent on a rolling basis after applications are submitted).
  • Interview live with finance team members . Selected candidates will interview live with the hiring managers in finance beginning in January 2025.
  • Submit 5 references . Top candidates will be asked to submit 5 references via SkillSurvey for a performance survey.
  • Receive decision notification and offer. Candidates will be updated via email on an ongoing basis throughout the selection process regarding application status updates.
Join a healthcare system where employee engagement is at an all-time high. Here we foster a culture of respect, diversity, and inclusion. Enjoy comprehensive and competitive benefits that support you and your family in every aspect of life. Start your life-changing journey today.
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NewYork-Presbyterian Hospital is an equal opportunity employer.
Salary Range:
$28.57/Hourly
It all begins with you. Our amazing compensation packages start with competitive base pay and include recognition for your experience, education, and licensure. Then we add our amazing benefits, countless opportunities for personal and professional growth and a dynamic environment that embraces every person. Join our team and discover where amazing works.
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