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Type of Role: Investments

Experience Level: Intern - Undergraduate

Location: New York City, New York

Salary: $65K - $85K

Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $669 billion of customer assets, as of Dec. 31, 2022. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.

JOB OPENING #:     8892

POSITION TITLE:     2024 Equity Investment Management Intern (NYC)  

DEPARTMENT:         Equity Investment Management


Federated Hermes Summer Internship Program provides students the opportunity to gain “hands on” experience and develop professional skills as well as the ability to network with talented professionals and gain insight into career possibilities within the asset management industry. The program includes a variety of events to enhance your internship experience, provide information about the firm and foster collaboration.

Purpose of the Internship:

The Equity Investment Management Intern receives a broad and in-depth understanding of the investment process through assisting portfolio managers and analysts with completing projects that support the investment decision making process.

Major Duties:

  • Assist with research, development, and programming of various quantitative stock selection models for multi asset strategies
  • Conduct research and analysis of industry groups or individual securities
  • Analyze financial information to generate earnings models
  • Review analyst and company reports and track specific industry statistics
  • Present stock recommendation for assigned stock(s)


  • 8:30 a.m. – 5:00 p.m. (Overtime as required)
  • Federated Global Investment Management Corporation – New York, NY 10178 (hybrid work arrangement)

Explanatory Comments:

  • Excellent analytical and problem-solving skills, attention to detail, accuracy and timeliness
  • Above average oral and written communication skills

Position Specifications:

  • Pursuing a degree with a concentration in finance, business, accounting or related major required
  • Proficiency with Microsoft Products including Word and Excel required; PowerPoint preferred; financial modeling construction experience preferred
  • Exposure to investment theory and an interest in equity investment management preferred

Why work at Federated Hermes?

For more than 60 years, Federated Hermes has provided world-class investment solutions to financial professionals in the United States and around the world. Federated Hermes’ employees have defined the qualities of the company’s success over the decades: a reputation for integrity and excellence, a commitment to customers and employees and a history of longstanding client relationships. While each market cycle brings new opportunities and challenges to the company, Federated Hermes continues to foster employee commitment to excellence in the investment management industry.


We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas.

Federated Hermes is committed to providing equal employment opportunities to qualified individuals without regard to the following criteria: race (including physical characteristics such as hairstyles), color, national origin, religion, sex (including pregnancy), sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status, or genetic information as well as any other prohibited criteria under any applicable local, state or federal law applicable to Federated Hermes.

To review Federated Hermes’ California Privacy Notice go to and select CA Applicant Notice.