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CAMPUS: Investment Operations - Core Operations Summer Associate Norfolk (2024)

Learn more about Capital Group
Capital Group

Capital Group

CAMPUS: Investment Operations - Core Operations Summer Associate Norfolk (2024)

Norfolk, VA
Internship
Paid
  • Responsibilities

    "I can succeed as an Investment Operations - Core Operations Summer Associate at Capital Group."

    As an Investment Operations Summer Associate based in Norfolk, you will work with other Core Operations associates on meaningful projects and daily production work that directly support the investment operations process, including trade processing and settlement, accounting, and financial reporting, while giving you exposure to multiple areas of the group. Our Investment Operations group has over 1,000 associates globally, supporting core components of the investment process and growth of the business through optimized, durable, and scalable processes designed to achieve our company's long-term objectives. Our Summer Associate Program aims to provide an experience that mirrors the life of a full-time associate with respect to workload, responsibilities, and expectations.

    As a Core Operations Summer Associate, you will perform one or more of the following tasks:

    • Execute all necessary checks and controls to ensure the integrity of financial data for our products
    • Ensure accurate and timely calculation and distribution of fund net asset values and income distributions for daily priced funds
    • Support investment professionals through trade processing and settlement
    • Maintain the funds' books and records and ensure calculation of the funds' prices and distributions; financial reporting
    • Record corporate action events and complete all related tasks, including research, instruction, and processing

    "I am the person Capital Group is looking for."

    • You are currently pursuing a Bachelor's degree, in junior standing, graduating in 2025
    • You have a cumulative GPA of 3.0 or above
    • You have an interest in pursuing a career in financial services
    • You have demonstrated leadership in extracurricular activities
    • You express ideas effectively and interact professionally with others
    • You are a continuous learner, with a hunger for knowledge (and numbers)
    • You are highly collaborative

    Base Hourly Rate: $24 / hour

    In addition to a highly competitive base salary, per plan guidelines, restrictions and vesting requirements, you also will be eligible for an individual annual performance bonus, plus Capital's annual profitability bonus plus a retirement plan where Capital contributes 15% of your eligible earnings.

    You can learn more about our compensation and benefits here .

    We are an equal opportunity employer, which means we comply with all federal, state and local laws that prohibit discrimination when making all decisions about employment. As equal opportunity employers, our policies prohibit unlawful discrimination on the basis of race, religion, color, national origin, ancestry, sex (including gender and gender identity), pregnancy, childbirth and related medical conditions, age, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, citizenship status, AIDS/HIV status, political activities or affiliations, military or veteran status, status as a victim of domestic violence, assault or stalking or any other characteristic protected by federal, state or local law.

  • Industry
    Investment Management
  • About Us

    Through nine decades, Capital Group’s goal has been to improve people’s lives through successful investing. We know that our history is a testament to the strength of the people we hire. Private ownership allows us to keep our eyes on the long term while more than 7,800 associates in 30+ offices around the world help our clients and each other grow and thrive every day.