2013 Diversity Internship Program
Recognizing that internships are often the foundation of informed career choices, the Diversity Internship Program (the "Program") was established in 1990. Today, with the co-sponsorship of JP Morgan Securities LLC., Morgan Stanley & Co., Wells Fargo Securities, and Samuel A. Ramirez & Co., Inc., these internships are an established point of entry into the business of public finance. Each year, up to four interns are selected for the year-long Program which includes two six month terms. One term is spent working at the New York State Housing Finance Agency on single and multi-family debt issuance, real estate finance, and mortgage insurance issues. For the other term, the interns will work at one of the co-sponsoring private sector firms, where they function as analysts in these and other related areas.
The interns are selected from dozens of applicants. After admission to the Program, each intern is assigned a mentor, enrolled in a finance course, and is given the opportunity to be involved in all aspects of housing finance.
Responsibilities can include, but are not limited to:
The program is open to students who have, or expect to receive, a baccalaureate degree in May/June 2013. To be eligible, students must be New York State resident who are permanent residents of the United States. Individuals with advanced degrees or who are in advanced degree programs are not eligible. Students who are member of a group that has been historically under-represented in the financial services industry are particular encouraged to apply. Successful candidates must have an interest in finance, be familiar with governmental institutions, and have the willingness to work hard in the furtherance of an exciting and rewarding career. Quantitative ability, as demonstrated in courses such as economics, business administration or mathematics, is important, but is not necessary to have majored in one of these areas. The salary for the one year internship is $40,000 plus medical benefits.
Program mentors work closely with interns to develop strong resumes, to refine interviewing skills, to identify potential employers, and to develop an understanding of various firms' recruiting schedules and requirements. Successful completion of the internship has resulted in employment opportunities in both the public and private sectors.
To apply for the Diversity Internship Program, please submit the following on or before April 12, 2013:
Please send all materials and refer all questions to:
Assistant Vice President
Deputy Director of Human Resources
New York State Homes & Community Renewal
641 Lexington Avenue
New York, New York 10022
Phone: (212) 872-0715
Click here for the 2013 Diversity Internship Program Brochure.
Last updated: 3/03/2013