Intern - Private Wealth

Company Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms.

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding.

We’re driven by our Group purpose, to power people and possibilities.

Job Description

This role is an hourly position ($24/hour) and requires the ability to work onsite at our Rapid City, South Dakota location.

What you’ll do

• You'll support the Trust Accounting department by handling asset set-up, cash postings, monthly fee processing, audits, and ad-hoc projects.
• You'll perform month-end reconciliations of trust accounting systems, ensuring accuracy across diverse assets like equities, loans, real estate, and private businesses.
• You'll research and execute trustee duties within complex Trust structures, collaborating with Trust Accounting Analysts to analyze transactions.
• You'll resolve intricate scenarios that arise within Trust structures, applying problem-solving skills to maintain compliance and accuracy.
• You'll assist Trust Officers with client relationship management (CRM) systems, strengthening client service and operational efficiency.

What we offer

• IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance.
• Employees receive generous paid time off, including 4 weeks of PTO that increases over time, sick time and paid holidays, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility).
• Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans.
• Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfillment.
• The salary for this position will be dependent on experience and location.

Qualifications

• You must be a current Junior or Senior in college, pursuing a Bachelor’s degree in Business with a focus on Accounting or Finance.
• You should have a genuine interest in fiduciary accounting and the trust industry.
• You need strong computer and Excel skills, along with the drive to master trust accounting systems.
• You will rely on strong communication and organizational skills to manage multiple projects effectively.
• You are expected to demonstrate high attention to detail, be a self-starter, and handle ambiguity while solving problems and setting priorities.

Additional Information

This role is an hourly position ($24/hour) and requires the ability to work onsite at either our Rapid City, South Dakota or Bedford, New Hampshire locations.

Our commitment to you and the environment
Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programs and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential. Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.

#LI-HYBRID