2024 Intern - Enterprise Risk Mgt. (Semester Through Summer)

Date: Dec 5, 2023

Location: Newark, NJ, US

Company: PSEG

Requisition: 76273

PSEG Company: PSEG Services Corp.    

Salary Range: $ 56700.00 - $ 68100.00 

Incentive: Not applicable   

Work Location Category: Hybrid  

 

PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories: onsite roles, hybrid roles that are a blend of onsite and remote work, remote local roles that are primarily home-based but require some level of purpose-driven in-person interaction and living within a commutable distance, and remote non-local roles that can be effectively performed remotely with the ability to work in approved states.

PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.

Job Summary

PSEG is looking for an Intern for the Market & Trading Operations Risk

This job involves working as a market risk intern, to perform middle office functions.  

This position will be Hybrid.

Job Responsibilities

Assignments will include working alongside professionals in the following areas:

  • Provide analytical, research, and administrative support to the market risk group.
  • Design, build, and maintain risk reports, including generation/hedging and various risk reports.

 

Job Specific Qualifications

Required Education/Skills: The successful candidate(s) must be actively pursuing a Master's Degree from an accredited institution in Quantitative, Mathematical, Computational Finance, or similar. PSEG recognizes institutions of higher education which are accredited by the Council for Higher Education Accreditation or equivalent. Candidates must have completed freshman level course work for consideration.  


Preferred:

 

  • Strong PC skills, especially Excel
  • Quantitative programming experience (academic experience OK), especially in Matlab, R, or similar.


All PSEG internship roles are paid at an hourly rate, however there are no medical benefits associated with these positions. Candidates are expected to work up to 40 hours per week over the duration of the summer internship. We are targeting currently enrolled/matriculating students that are able to commute to their designated work location as needed. Housing, transportation, and immigration support will not be provided in association with these positions.

Disclaimer

Certain positions at the Company may require you to have access to Part 810-Controlled Information.  Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information.  Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made.  If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.

PSEG is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include race, color, religion, national origin, sex, age, marital status, sexual orientation, disability or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.

 

As an employee of PSEG you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.

 

PSEG’s drug and alcohol testing program includes pre-employment testing, testing for cause, and post-incident/accident testing. For employees in federally regulated roles (including positions covered by USDOT, PHMSA, or NRC regulations), this also includes random testing. All drug and alcohol testing for federally regulated roles is inclusive of marijuana. Employees who transfer into a federally regulated role are subject to drug and alcohol testing, inclusive of marijuana.

 

PSEG employees must apply for jobs internally through emPower which can be accessed through sharepoint.pseg.com by clicking on the emPower icon, then selecting careers. This site (https://jobs.pseg.com/) is strictly for candidates who are not currently PSEG employees, with the exception of PSEG employees who do not have company email addresses.

 

PSEG is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call 973-430-3845 or email accommodations@pseg.com.

If you need to request a reasonable accommodation to perform the essential functions of the job, email accommodations@pseg.com. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.

ADDITIONAL EEO/AA INFORMATION (Click link below)

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Nearest Major Market: Newark
Nearest Secondary Market: New York City

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