What are the responsibilities and job description for the 2026 Summer Intern – Investor Services position at Commonfund?
About Commonfund:
Commonfund is a leading asset management firm that empowers educational institutions, foundations, pension funds, family offices, RIAs, and other sophisticated investors to achieve their most important goals. Through our outsourced CIO business, we provide nonprofits access to what we believe are world-class investment management solutions. Our private equity business provides access to private equity investments for both nonprofit and for-profit organizations seeking to diversify their portfolios with private investments. Our Commonfund Institute aims to be among the nation’s most trusted source for relevant, useful and proprietary data, analytics and best practices in financial management. All our businesses are united by a relentless commitment to investment performance, matched by an equally relentless commitment to the values of trust, transparency and ethical behavior that have inspired us since our founding more than fifty years ago.
About Commonfund OCIO:
Commonfund OCIO, Inc. is an outsourced CIO solution designed to ensure that educational institutions, foundations, and other nonprofit organizations have the financial resources they need to achieve their most important commitments. By assuming responsibility for managing each client’s complex, global portfolio, we provide a depth of investment experience and breadth of resources that few institutions have access to on their own. Because of our singular focus on nonprofits, we can provide assistance and insights to our clients that go well beyond investing, helping them with virtually every facet of managing the financial resources of their organization. Our Investor Services team is responsible for delivering middle office operational support and client service across all clients in support of our OCIO business.
Position Overview:
- Maintain and track daily accounting activity, ensuring accuracy and consistency across systems.
- Compile and review cost accounting reports for clients, gaining hands-on experience in financial reporting.
- Explore and apply artificial intelligence tools and third-party systems to enhance and innovate daily accounting workflows.
- Assist with responding to client and auditor inquiries, ensuring timely and accurate communication to support client satisfaction.
- Review audited accounting statements and present financial highlights to internal stakeholders.
- Assist in pricing weekly and monthly funds, including both equities and fixed income instruments.
- Support manager reconciliations and participate in month-end rebalancing processes.
- Prepare and analyze quarterly workpapers for private credit and private real estate funds.
- Conclude the internship by delivering a capstone presentation that ties together key learnings and a major market or operational event.
The program runs for 10 weeks from May 27 until August 5, 2026.
The Wilton office is moving to Merritt 7, Norwalk in the fall of 2025. This role will be based in our Norwalk, CT office.
Interested candidates should apply online at https://www.commonfund.org/careers, with a resume and cover letter.
Requirements:
- A demonstrated interest in asset management, investments or capital markets
- Course related material / exposure to bookkeeping and accounting principles
- A strong proficiency with Microsoft Office programs including Excel, Word and PowerPoint
- A demonstrated ability to work independently and as part of a team
- Strong written and verbal communication skills
- Excellent organizational skills and attention to detail
- Strong analytical/problem solving skills