Intern
Overview
NISA Investment Advisors, LLC (NISA) partners with world-leading organizations to design, develop, and manage highly customized, risk-controlled investment strategies across fixed income, equities, and derivatives. With $483 billion assets under management ($299 billion in physical assets and $184 billion in derivatives notional value), NISA actively manages risk for institutional investors, providing clarity to complicated challenges and stability in ever-evolving markets. At NISA, we foster a culture that supports both personal and professional growth, providing opportunities to learn from experienced professionals while contributing meaningful work from the outset. We seek candidates who demonstrate strong quantitative and analytical skills, intellectual curiosity, and a collaborative mindset to join our growing teams.
Responsibilities
NISA offers a project-based summer 2027 internship program for college students interested in learning about asset management for some of the largest institutional investors in the world. We tailor intern projects to match the interests of interns with our business needs while providing interns experience in various aspects of investment management. Interns are exposed to the broader firm and relevant market topics through an intern seminar series hosted by senior employees at NISA. Interns will be placed in one of NISA's functional areas where examples of projects include:
- Portfolio Management
- Using python or excel to build tools & reports used for alpha trading relative value analysis
- Analyzing and developing proprietary trading tools to facilitate strategy development, trade execution, and performance attribution
- Investment Strategies
- Conducting in-depth analysis of proprietary commodity trading strategies using intraday tick-level futures data, aimed at strengthening strategic insights and improving risk-adjusted returns
- Analyzing risk factors and idiosyncratic costs associated with commonly traded market futures (i.e., S&P 500, International Fixed Income Futures)
- Credit Research
- Updating Credit Research models used to track earnings, assess company financial profile, compare financial metrics across companies and/or analyze and compare bond spreads
- Participating in earnings calls, new issue calls, sell-side analyst calls, and/or rating agency calls
- Client Services
- Assisting client teams with the preparation of client reports and meeting materials
- Researching and analyzing U.S. corporate pension plan data to assess and report on funded status volatility
- Operations
- Compiling bank data according to procedures throughout the day, which includes bank statements and collateral data
- Shadowing employees to understand all operational functions and how each group supports other departments at NISA
Qualifications
- Winter 2027 or Spring 2028 undergraduates are preferred
- Bachelor's degree in a strong analytical and quantitative field such as Accounting, Finance, Economics, Mathematics, Financial Engineering, or Computer Science required
- Strong written and verbal communication skills
- Ability to work in a fast-paced environment, both independently and within a team setting
Benefits
- Health, dental, vision and life insurance options
- Paid time off
- Competitive retirement plan
- Onsite cafeteria
- Fitness center
- Health and wellness program
- Educational assistance program