Description

　　The Port Authority of New York & New Jersey offers paid internships to students, providing the opportunity to work with knowledgeable and experienced professionals on assignments critical to operating, maintaining, and expanding the transportation and infrastructure needs of one of the greatest economies in the world. Assignments include hands-on projects to cultivate technical, writing, communication, and team-building skills. The diversity of our businesses creates a variety of opportunities for students to gain exposure to the work of a first-class public agency.

　　The Office of Financial Planning is looking for an intern to join their team!

　　About the Office of Financial Planning:

　　The Office of Financial Planning (OFP) provides financial analysis across the agency's entire transaction life cycle. The department analyzes the feasibility and financial terms of transactions to ensure that the best value for the Port Authority is achieved. OFP also forecasts anticipated revenues and expenses for the agency in order to determine potential impacts on the agency's capacity to fund its critical capital plan.

　　Responsibilities:

　　Credit Review Support: Support OFP's efforts in reviewing the creditworthiness of existing and potential Port Authority tenants and contractors by researching and compiling key credit metrics for relevant industries (e.g., airline, construction, etc.). Assist with financial statement analyses performed to inform Port Authority procurements as well as updating a master list of all security deposits and credit reviews for existing and new tenants at Port Authority facilities.Activity Research: Support OFP's forecasting efforts by researching and reporting on key activity trends impacting the agency's various lines of business. Assist with the preparation of summaries and variance explanations for key updates as needed.Transactional Support: As needed, assist OFP staff with research and data tracking assignments in support of due diligence efforts for general business transactions. Ensure the accuracy and completeness of lease comparison data for various tenants to understand trends.

　　Qualifications:

　　Enrollment in an undergraduate or graduate program through the Fall 2024 semester (August 2024 or beyond)Experience with Microsoft apps such as Word, Excel, PowerPoint, Outlook, Teams, SharePoint, OneDrive, etc.Excellent written and oral communication skillsInterest in contributing to the success of the New York and New Jersey regionInterest in public service and/or transportationWillingness to learn

　　Desired:

　　Finance, Business, Economics, or a related majorPrior experience as a finance internExperience with data collection and analysisStrong presentation skills, both quantitative and qualitative

　　Internship Details:

　　The start date will be Thursday, May 30 with an orientation that will take place at 4 World Trade Center in Lower ManhattanThe internship will last 12 weeks, ending on Friday, August 23This is a full-time internship (generally 5 days per week at 7.25 hours of work per day plus a 45-minute break)The format is expected to be hybrid, partially virtual and partially in-person at 4 World Trade Center in Lower ManhattanThe hourly salary range is $17.20 to $28.85 (the hourly salary is determined by internship type and school year)These details are subject to changeThe internship is expected to start in June 2024

　　How to Apply

　　Click "Apply Now"Follow the promptsMake sure you submit the following:A resume (please make sure to include your expected graduation date)A cover letter detailing why you want to work at The Port Authority of New York & New Jersey

　　How to Apply:

　　Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a combined cover letter and resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.

　　Only applicants under consideration will be contacted.

　　About The Port Authority:

　　Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than twenty three billion in annual wages and eighty billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.

　　Equal Opportunity Employer

　　The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.