UR Spider Management Investment Intern

Job Description

Spider Management Company has two summer 2027 Investment internship opportunities

POSITION SUMMARY: Spider Management’s Investment internship program is intended to expose sophomores and juniors at the University of Richmond to a wide range of strategies across the asset management industry.

Spider Management Company (“Spider Management”) is the investment office for the University of Richmond and a select group of other non-profit organizations. Spider Management’s 23-person team is split between Investments, Operations, and Investor Relations.

JOB DUTIES/RESPONSIBILITIES : This internship will provide valuable hands-on experience across the organization’s three teams. Projects could include, but are not limited to, research, data collection and analysis on potential investments, report production, database management, compliance, and market analysis. Candidates will attend team meetings, as well as have the opportunity to attend meetings with external investment managers across asset classes (meetings may be virtual or in-person). Candidates will also have the opportunity to take on ad-hoc projects to improve the team’s processes and/or explore select topics of interest for the purpose of presenting their findings to the team.

Our intern program offers the following for a Sophomore and Junior:

The opportunity to immerse yourself in the daily responsibilities, projects, and initiatives

Collaborate with seasoned professionals

Interact with team members and senior leadership

Gain exposure to various areas of the business

Contribute to evaluations of prospective investment opportunities

What You Will Learn/Gain During the Internship:

Basics of endowment and foundation investing

Interact with and learn from world-class investment managers

Fundamentals of asset allocation and portfolio management

Introduction to multiple traditional and alternative investment asset classes

Exposure to investment opportunities in a wide variety of sectors and geographies

QUALIFICATIONS REQUIRED:

Indicate in cover letter if you are applying for the Sophomore Internship or the Junior Internship

For Sophomores: preferred majors or minors in Business/Finance or another quantitative discipline

For Juniors: REQUIRED majors or minors in Business/Finance or another quantitative discipline

Must have excellent academic credentials

Fully developed quantitative and analytical skills

Proficiency in Microsoft Office products; advanced Excel and/or PowerPoint skills preferred

Strong communication skills, both written and oral

Ability to multi-task and work independently

Detail-oriented and extremely proactive

Self-starter

High level of professionalism and integrity

Cooperative attitude – must be a team player

Interest in investment management industry, particularly non-profit investment management

Must adhere to Spider Management Company’s Code of Ethics policy

LOCATION: In-person (Richmond, VA)

CONTACTS:

Spider Management staff

External investment managers

WORKING CONDITIONS/PHYSICAL EFFORT:

Environment – Office

Essential Physical requirements – standing, sitting, typing

REQUIRED:

Required: current Fall 2026 Sophomore or Fall 2026 Junior

Resume and cover letter

Please indicate in your cover letter and resume if you are applying for the Sophomore or the Junior Internship

Copy of Unofficial College Transcript

Schedule : Monday through Friday, 8:30 am to 5 pm; schedule times may vary.

Spider Management Pay Rate: $20 to $30 an hour. This is an 8 to 10-week part-time, temporary position, mid-May to mid-August 2027.