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.
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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
- Facility Tours
- Career Panels
- Social/Networking Events
How to Apply:
Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a 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.