Investments, Mortgage Loans Internship (hybrid)

About the role

TruStage Investment Management (TSIM), a wholly owned registered investment advisor subsidiary of TruStage, seeks interns for its Mortgage Loans Internship (hybrid) program. This 10-week internship runs from June 1, 2027, through August 6, 2027, at the TruStage office in Madison, WI. Candidates must be pursuing an undergraduate degree with an expected graduation date of December 2027 or later. Company-sponsored immigration benefits are not available for this role.

Interns will choose between two pathways:

• Early Development Program (EDP): Focused on skill-building through hands-on experience, mentorship, and development sessions; ideal for freshmen and sophomores.
• Emerging Professional Program (EPP): Designed to prepare soon-to-graduate students for potential careers at TruStage, with comprehensive support and networking opportunities.

Responsibilities

• Review financial statements, rent rolls, and property inspection reports to monitor loan events and derive valuations.
• Analyze market data, including vacancy rates, rental rates, comparable sales, and cap rates.
• Prepare valuations using Argus software and direct capitalization proforma analysis.
• Provide watchlist recommendations and follow-up actions for underperforming loans.
• Shadow the origination process and underwrite new loan opportunities.
• Assist in reporting, closing, servicing, and portfolio management processes.
• Enter property financials into loan management systems, Excel projects, and ad hoc assignments.

Requirements

• Working toward a relevant degree or equivalent work experience.
• Strong analytical, critical thinking, problem-solving, and decision-making abilities.
• Demonstrated interpersonal and customer service skills.
• Well-organized with exceptional attention to detail.
• Excellent communication skills.
• Intellectual curiosity and a desire to learn and develop professionally.

Preferred Experience

• Pursuing a bachelor’s degree with a major in Real Estate or Finance.
• General understanding of real estate fundamentals; completion of an introductory real estate course.
• Ability to work 40 hours per week during the summer.
• Capacity to work independently and collaboratively as part of a team.

Pay

Base salary range: $18.00 – $28.00 per hour, commensurate with experience, academic year, and prior internships.