Position Responsibilities
Investment Operations & Trade Support
Provide operational support for equity, fixed income, derivatives, private equity, and investment strategy transactions, ensuring accurate trade verification, affirmation, and settlement.
Reconcile trades, positions, and cash balances across multiple asset classes; monitor and escalate discrepancies or breaks as needed.
Maintain accurate investment data in internal systems and portfolio accounting platforms; support updates driven by operational processes.
Process corporate actions, income collections, variation margins, collateral, and settlements; ensure proper handling and reconciliation.
Relationship Management and Communication
Communicate time-sensitive information to portfolio managers, traders, brokers, custodians, fund accountants, and internal stakeholders.
Liaise with external partners including brokers, custodians, and vendors to maintain strong working relationships and resolve issues.
Process Improvement
Participate in onboarding new accounts and custodial setups; contribute to process documentation and continuous improvement initiatives.
Support system enhancements, automation efforts, and cross-functional projects to streamline operations and improve efficiency.
Reporting & Compliance Support
Generate and distribute investment-related reports and operational dashboards.
Assist in preparing documentation for audits and internal reviews.
Ensure adherence to internal controls, compliance policies, and investment guidelines.
Experience Gained from Internship
Knowledge of settlement practices and procedures for all domestic and foreign securities: equities, fixed income and derivatives (swaps, options, and futures)
Knowledge of capital markets and industry practices
Ability to actively interface with a variety of internal business partners (e.g. portfolio management, trading staff and accounting)
Work experience in a time sensitive environment
Independent judgment
Bloomberg Terminal exposure
Strong attention to detail
General knowledge of accounting
Provide time sensitive communication to portfolio managers, team members, traders, brokers, custodians, and fund accountants
Traits We Value
Detail-oriented—Nothing gets past you. You can be counted on to have the details figured out
Analytical—You have an analytical mindset
Responsive—You can be counted on to work well with others and communicate appropriately
Problem solver—You love a challenge and figuring out the right answer. You’re not afraid to ask questions
Position Requirements
Current Junior (Dec. 2027 or May 2028 graduation date) working towards an undergraduate degree in Finance or Economics
Excellent academic track record (GPA 3.0+)
Customer focus and team orientation
Attention to detail
Analytical and problem-solving skills
Working knowledge of Microsoft Office Suite
Ability to work full time during the summer
Ability to work in the United States for indefinite period without sponsorship
Additional Program Information
Offering competitive compensation
Full intern event program including development, networking, and social activities
Location
Minneapolis, MN
Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable hourly wage range for this full-time role is $27.00-$30.00 per hour, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.
Pay TransparencyThrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to [email protected] or call 800-847-4836 and request Human Resources.
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