Intern-Investment Policy & Asset Allocation

The SBA is currently seeking an Intern in Investment Policy & Asset Allocation (IPAA) starting Fall 2026. The successful candidate will The IPAA intern will be an integral member of the team, assisting with real-world assignments that support the decision-making processes and daily operations of the asset allocation and investment policy functions.

What you will do:

• Support IPAA staff in the management, monitoring, and analysis of plan-level funds, inclusive of activities like asset allocation research and implementation, liquidity management, portfolio overlays, rebalancing, tactical tilts, investment policy formulation, benchmarking, and risk management
• Help prepare periodic and ad hoc reports, presentations, and meeting materials for senior staff, oversight committees, and external stakeholders
• Conduct basic research and analysis relating to emerging topics and trends in capital markets and macroeconomics
• Participate in special projects as assigned, such as gathering data for asset allocation reviews, liquidity monitoring, or risk analysis
• Shadow staff during meetings and collaborative workstreams to gain exposure to investment policy formation, performance monitoring, and risk assessment, etc.
• Perform administrative and organizational tasks to support the team’s workflow
• Assist with data entry, maintenance, and oversight of investment-related information in the department’s systems and databases

Qualifications:

• Enrolled in an accredited college or university
• A junior, senior or graduate student
• Pursuing a degree in Accounting, Finance, Financial Mathematics, Economics or Computer Science. Other relevant degrees will be considered
• An overall GPA of at least 3.0

Knowledge, Skills and Abilities:

• Programming skills, specifically C-sharp, JAVA and VBA
• Strong data analytics skills
• Extensive Microsoft Office skills
• Excellent organizational skills
• Ability to perform at a high level in a team oriented environment
• Ability to work independently and prioritize work assignments to meet deadlines
• Excellent communication skills (verbal and written)

Hiring Rate: $18/hour

Internships are part-time ( 20 hours per week)

The State Board of Administration is an Equal Opportunity Employer

Successful completion of pre-employment background checks are a condition of employment with the State Board of Administration