The Cleveland Clinic Division of Finance has a paid internship available for the summer in the Cleveland Clinic Investment Office. This opportunity is for an undergraduate student pursuing a career in finance/investing. The internship will be remote though the intern must reside in Cleveland for the duration of the internship.

Cleveland Clinic Investment Office Overview
The Cleveland Clinic Investment Office (CCIO) is stewarded by the Investment Committee of the Board of Directors. Guided by the Investment Policy Statement for each of the investment portfolios, CCIO invests across a globally diversified pool of asset classes and employs many of the world’s most successful investment managers for security selection of public and private equities, fixed income, absolute return strategies, real assets and derivative products.
CCIO is a values-driven organization. From its inception in 2015, the Investment Committee and senior leadership sought to create a division of the Cleveland Clinic whose foundation is excellence and innovation. The Investment Office embraces a generalist model of investing where a team of experts are focused on delivering value to the total portfolio, engage in constructive debate, thrive on collaboration, embrace a sense of personal humility, and seek to continuously improve.
CCIO is responsible for managing and growing the approximately $12 billion investment portfolio.

JOB SUMMARY: Under the direction of their assigned supervisor, participate in a structured learning experience. Active participation in departmental individual or group projects. Other duties as assigned.

EDUCATION: At a minimum, it is strongly preferred that students have successfully at least two semesters of a related (Finance, Business Administration, and/or Economics) undergraduate program. Current students majoring in Finance, Business Administration, Accounting or Economics are ideal candidates.

Successful candidates will possess the following skills and attributes:

• Basic knowledge of corporate finance theory, economics, capital markets, risk management theory, asset allocation theory, investment management theory
• Excel modeling skills and portfolio optimization experience
• Self-disciplined and self-motivated
• Excellent analytical and communication skills
• Strong analytical skills
• Ability to work independently and on a team
• Strong interest in markets and investments

The Opportunity available is:

Investment Office (Investments)

• Collect data and perform quantitative/qualitative research on investment managers, asset classes, and/or themes; present findings to team members in one-on-one or group settings.
• Assist with the drafting of investment recommendation memos under the supervision of Investment Office team members; participate in group discussions related to these recommendations.
• Attend meetings with investment managers and summarize key takeaways.
• Work with Investment Office team members on ad-hoc projects to improve processes and procedures across the office.

Responsibilities:

• Active participation in departmental individual or group projects.
• Other duties as assigned.

Education:

• Progress towards Bachelor’s degree with focus in Finance, Business Administration, Accounting or Economics preferred
• Current college enrollment required

Certifications:

• None required.

Complexity of Work:

• Requires critical thinking skills, decisive judgment and the ability to work with minimal supervision.
• Must be able to work in a stressful environment and take appropriate action.
• Must be able to juggle multiple assignments and execute in an effective and efficient manner.
• Can discuss and weigh pros and cons and separate critical issues.
• Can make definitive choices, expresses opinions on issues and can explain logical path decisions.

Preferred Work Experience:

• Participation in investment-related student groups, finance/investment internships, or other related activities is desirable.
• Demonstrated analytical, critical thinking and problem solving skills, decisive judgment and the ability to lead projects and people.

Work Experience:

• None required.

Physical Requirements:

• Requires full range of body motion including handling/lifting items, manual and finger dexterity and eye-hand coordination.
• Requires frequent standing and sitting.
• Requires corrected vision and hearing to normal range.

Personal Protective Equipment:

• Follows standard precautions using personal protective equipment as required.

Keywords: Investments, Investments Internship, Capital Markets, Allocation Theory

The policy of Cleveland Clinic Health System and its system hospitals (Cleveland Clinic Health System) is to provide equal opportunity to all of our employees and applicants for employment in our tobacco free and drug free environment. All offers of employment are followed by testing for controlled substance and nicotine. Job offers will be rescinded for candidates for employment who test positive for nicotine. Candidates for employment who are impacted by Cleveland Clinic Health System's Smoking Policy will be permitted to reapply for open positions after 90 days.

Decisions concerning employment, transfers and promotions are made upon the basis of the best qualified candidate without regard to color, race, religion, national origin, age, sex, sexual orientation, marital status, ancestry, status as a disabled or Vietnam era veteran or any other characteristic protected by law. Information provided on this application may be shared with any Cleveland Clinic Health System facility.

Please review the Equal Employment Opportunity poster

Cleveland Clinic Health System is pleased to be an equal employment employer: Women / Minorities / Veterans / Individuals with Disabilities