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RBFCU Wealth Management

Capital Market's Graduate Intern

Posted 5 Days Ago
Be an Early Applicant
In-Office
New York, NY, USA
41-41 Hourly
Internship
In-Office
New York, NY, USA
41-41 Hourly
Internship
The intern will develop financial models for revenue and expense initiatives, analyze data for strategic business transformation, and collaborate with teams for improved processes.
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About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Ameriprise Financial has an exciting opportunity for Capital Markets Finance Summer Intern Analyst role! This position would be responsible to provide analytical support as well as develop complex financial models that will be used in revenue improvement or expense reduction initiatives. Apply data infrastructure by extracting, aggregating, and dissecting financial data and performance measurements for management review and action.
As intern, you will gain exposure to leaders, cultivate your business intuition, work on projects that directly impact the business, and network in a welcoming atmosphere. In addition, you will have access to our Business Resource Networks, including the Black Employee Network, Young Professionals Network, PRIDE Network, and others!

Key Responsibilities

  • Develop analytic models to support business transformation recommendations.

  • Analyze business situations, design and build models leveraging multiple data sources and tools for complex risk analysis across the company businesses.

  • Provide technical analysis and support by developing, improving, operating, and documenting asset models.

  • Evaluate current practices and methods for reporting and analyzing data.

  • Partner with business, technology and vendors to complete baseline activities and opportunities to improve current state and transform process and change initiatives, resulting in improved economics including both revenue and expenses.  In depth business process modeling capability, organizational design and financial acumen are critical to the success of this role.

  • Gather data and analyze problems across projects to recommend solutions to strategic transformation leads.  Work with the teams to implement project plan according to objectives and timeline.

Required Qualifications

  • Current Graduate student pursuing a master’s degree in Financial Engineering, Data Science, Financial Mathematics or Computer Science

  • Graduation date of December 2026 or May/June 2027

  • Experience with programming languages such as Python and R

  • Demonstrated project work, through either academic or work experience

  • Ability to work and solve problems independently, and propose innovative solutions

  • Ability to communicate technical concepts clearly

  • Comfort working virtually with colleagues around the globe

Preferred Qualifications

  • High degree of self-motivation with strong integrity and ethics

  • Excellent organizational skills and ability to manage multiple priorities

  • Excellent written, verbal, interpersonal, and presentation skills 

  • Ability to work and communicate collaboratively with others

  • Experience with machine learning and data engineering

  • Familiarity with cloud computing techniques

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated base salary range for this role is $41/hr. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Non-Exempt

Job Family Group

Human Capital

Line of Business  

FIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

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