Job Information
Port Authority of New York and New Jersey Summer Intern, Enterprise Risk Management in Jersey City, New Jersey
Description
About the Internship
The Enterprise Risk Management Division (ERM), within the Finance organization, is responsible for the development and implementation of an agency-wide program that enables the proactive identification and management of business risks that threaten agency objectives. ERM aims to improve agency risk awareness, communication, and decision-making. As a consideration in the Port Authority’s bond ratings, ERM is critical to the Agency’s future capital capacity. ERM is a major initiative that touches all parts of the Agency. The intern will obtain a unique overview of the Port Authority’s business lines and internal processes while becoming well versed in the principles of risk management.
Responsibilities
Work with ERM staff and senior staff throughout the Agency to identify, assess, and monitor business risks;
Support agency business alignment efforts and ERM integration with annual business planning, budgeting, long range capital capacity forecasting, business performance measurement, and other agency business processes
Support execution of risk workshops
Conduct research on emerging trends and analyze Agency risk data
Develop risk intelligence reports and presentations for the Board of Commissioners and senior management
Minimum Qualifications
- Enrollment at a college/university through Summer 2025 and into the Fall 2025 semester
Desired Qualifications
Ability to communicate effectively up and down the chain of command by simplifying complex issues for a diverse audience
Some knowledge of risk management, finance, or operations
Ability to solve problems using quantitative and qualitative data related to operations and finance
Ability to conduct Internet research.
Strong data analysis skills
Internship Details
The start date will be Thursday, May 29, 2025
The internship will last approximately 12 weeks, ending on Friday, August 22, 2025
This is a full-time internship (5 days per week at 7.25 hours per day)
The format is expected to be hybrid
Selection Process
Only applicants under consideration will be contacted
If selected to move forward, the hiring team will reach out directly to schedule 1-2 interviews
Different internships will have different timelines for interviews
Compensation & Benefits
The hourly rate range is $17.63 to $27.21 (the exact rate will be determined by internship type and rising school year)
Ability to opt in to the New York State and Local Retirement System
Access to Employee Business Resource Groups (https://www.jointheportauthority.com/pages/diversity-inclusion-programs)
Facility Tours
Career Panels
Social/Networking Events
REQNUMBER: 62425
Port Authority of New York and New Jersey
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