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