2021 Summer Internship - UTP Plan Intern

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Nasdaq

Nasdaq

2021 Summer Internship - UTP Plan Intern

Rockville, MD
Internship
Paid
  • Responsibilities

    Job Description

    The Nasdaq Futures Internship Program provides successful candidates with a unique opportunity to experience a challenging and immersive 10-week internship. As participants in the Nasdaq Futures Internship Program, you will deliver real, impactful work within a business unit. You will work on a defined project and partner with a mentor, network with senior colleagues, and present your project at the end of the program. You will also participate in learning & development opportunities as well as “lunch and learn” sessions with senior leaders.

    This Nasdaq Internship runs for 10 weeks commencing from June to August. Upon completion of this internship, outstanding interns will be evaluated for full-time opportunities with NASDAQ post-graduation.

    Objectives of this Role

    Our Team

    Nasdaq serves as the UTP (Unlisted Trading Privilege) Plan Administrator for UTP Plan Level 1 stock market data, which is the single source of consolidated market data for Nasdaq-listed securities. Over fifteen UTP Plan participant exchanges and associations govern this collection, consolidation, and dissemination of quotation and transaction information, determine policy matters, and oversee system operations.

    Project Overview

    Generally, interns will assist with a major compliance project that involves interfacing with internal and/or external customers. The project usually requires the intern to enter data into the billing system and track the submission of signed documents. Past projects have included the following:

    • Work with customers to prevent unauthorized distribution of market data by overseeing the collection of Summary and Detailed Usage Reporting and processing of Missing Vendor Account number reports
    • Preparation of the Summary 60-day Aging Report automated email outreach template, work with customers for submission of usage reporting and update and resolve rejected email contacts
    • Prepare annual Non-Display Declaration Survey using Survey Monkey; ensure all surveys are collected and summarized for billing edits
    • Work on Entitlement Accesses and Confidentiality Certification outreach for compliance as needed

    Daily and Monthly Responsibilities

    Your Role

    Interns directly assist in the day-to-day operations of the UTP Plan to ensure compliance with UTP policies including the onboarding and application process, the usage reporting, and billing processes. The work involves contact clients to collect delinquent reporting and payments, preparing and entering Data feed and billing information, working with clients to collect detailed reporting, responding to client inquiries on billing, data approval, and product related questions, working with data feed providers to prevent unauthorized distribution of UTP Plan data and performing ad-hoc financial and data analysis.

  • Qualifications

    Skills and Qualifications

    • Is working on completing a degree in Business or Finance or Economics (must be graduating in 2022)
    • Ability to deliver projects with tight deadlines
    • Has strong attention to detail while managing multiple concurrent tasks
    • Ability to work independently in a fast-paced environment
    • Has a positive attitude and deep customer service orientation – fundamentals include being friendly, engaging, professional, reliable, responsive, and proactive
    • Has excellent oral and written communication skills

    Preferred Qualifications

    • Expertise with Microsoft Excel, proficiency with Word and PowerPoint
    • Nice to have programming knowledge and experience using Python
    • A good problem solver and comfortable managing high profile external clients as well as internal stakeholders
    • Ability to investigate and interpret qualitative and quantitative data
  • Industry
    Financial Technology
  • Fun Fact
    Nasdaq CEO Adena Friedman started her career as an intern at the company.
  • About Us

    Nasdaq's mission is to fuel the world’s economic growth one investor, one company, one market at a time. Nasdaq connects buyers and sellers, visionaries and experts, dreamers and doers to transform the global economy.