Treasury Intern, Summer 2024
Stride, Inc.

Job Info

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Job Description

Intern Program- Stride Corporate Treasury- 2024

SUMMARY: An Intern is responsible for assisting with various projects within the department he/she is assigned to at Stride. Essential functions may vary from administrative, clerical and support level work to more hands-on tactical work as determined by business needs.

The intern position will initially focus on modernizing investment income forecasts and cash-level projections for the company. In FY24 Stride Treasury is projected to manage and earn $25M in investment income. Cash flow forecasts from operations will be inserted into the Clearwater (CW) income forecasting system to supplement principal balance and income projections using forward treasury and credit curves as well as other reinvestment assumptions.

Income Forecast is an automated post-trade tool which integrates with core Clearwater data to help further analyze book income and yields, reinvestment income, accretion/amortization, realized gain/loss, and interest income. Investment professionals unlock an amortization forecast that is consistent with the same amortization models used in accounting records. This provides reconciled, up-to-date information to support efficient and strategic analysis and planning.

The intern position will manage the implementation of the Clearwater "insights module." The insights module is a benchmarking and analytical tool used to identify portfolio asset allocation performance compared to a personalized peer universe using CW's 1,260 client portfolio database, 13,000 users, 100 asset classes, all with $6.4T loaded in the CW system.The tool breaks down peers by asset allocation, credit exposures, duration, interest rate risk, overall yield, and other variables to help understand why the clients portfolio is over or under performing its peers. The results of the analysis will show Stride where we can improve to reduce risk, increase yields, and provide senior management empirical data on how well we are managing short-term cash investments.

ESSENTIAL FUNCTIONS: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

• Demonstrates an understanding of the business, needs and business goals
• Creates and prepares various content, presentations and materials as needed
• Executes tasks by utilizing various technologies and platforms specific to the business
• Provides additional support to the team as needed
• Performs financial analysis as needed
• Collects, reviews, and analyzes financial data to support decision making

MINIMUM REQUIRED QUALIFICATIONS:

• Currently pursuing a BS or MBA/MS OR
• A major in risk management/insurance or finance is desired

OTHER REQUIRED QUALIFICATIONS:

• Excellent communication and collaboration skills
• Strong analytical skills
• Observational and listening skills
• Self-motivation and excellent problem-solving skills
• Detail-oriented and organizational skills
• Ability to listen effectively, respect others' perspectives and contributions, and offer and accept constructive feedback
• Microsoft Office (Outlook, Word, Excel, PowerPoint, Project, Visio, etc.); Web proficiency.
• Ability to clear required background check

DESIRED QUALIFICATIONS:

• Experience with Accounting/Bookkeeping a plus.
• Experience with Financial Modeling a plus.

WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position is virtual and open to residents of the 50 states, D.C.

COMPENSATION & BENEFITS: Stride, Inc. considers a person's education, experience, and qualifications, as well as the position's work location, expected quality and quantity of work, required travel (if any), external market and internal value when determining a new employee's salary level. Salaries will differ based on these factors, the position's level and expected contribution, and the employee's benefits elections. Offers will typically be in the bottom half of the range.

We anticipate this position will pay between $16.00 - $22.00 per hour. The upper end of this range is not likely to be offered, as an individual's compensation can vary based on several factors. These factors include, but are not limited to, geographic location, experience, training, education, and local market conditions. Eligible employees may receive a bonus. Stride offers a robust benefits package for eligible employees that can include health benefits, retirement contributions, and paid time off.

Job Type
Intern (Fixed Term) (Trainee)

The above job is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor. All employment is "at-will" as governed by the law of the state where the employee works. It is further understood that the "at-will" nature of employment is one aspect of employment that cannot be changed except in writing and signed by an authorized officer.

Stride, Inc. is a Federal Contractor, an Equal Opportunity/Affirmative Action Employer and a Drug-Free Workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected Veteran status age, or genetics, or any other characteristic protected by law.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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