Investment Operations Internship

Posted on 11/1/2025

Northwestern Mutual

Northwestern Mutual

Compensation Overview

$16.50 - $30/hr

+ In internship context, Pay Range - Start 16.50 + Pay Range - End 30.00 + Internship salaries are determined based on academic tenure and major. The standard pay structure is listed.

Milwaukee, WI, USA

In Person

Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. After application and initial screening conversation, interns are aligned interview and be hired to a specific team at NM based on their abilities and interests, providing exposure to real-world business perspectives through hands-on learning and significant work. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more!

Summary:

As an Investment Operations Intern, you will work with the Northwestern Mutual Managed Investment business partners, brokers and traders supporting the timely and accurate execution of transactions related to investments managed by the front office (Mason Street Advisors, Northwestern Investment Management Company, Northwestern Mutual Real Estate, Investment Strategy and Northwestern Mutual Capital) including settlement of trades, ongoing maintenance, and transactions such as principal, interest, cash flows, fees, and corporate actions. Investments managed include domestic fixed income, common stock, derivatives, foreign, and alternative investments.

Primary Duties and Responsibilities:

  • Ensure investment data is accurate, complete, and timely. Review and reconcile cash, investment positions and critical attributive investment data.

  • Respond to internal and external inquiries regarding investment holdings and activity.

  • Maintain investment data on various systems and conduct reconciliations.

  • Respond to and investigate cash receivable and payable exceptions.

  • Maintain records and perform reconciliation of physical securities.

Requirements:

  • Enrolled in a college degree program with a business major and an emphasis in finance, accounting, management, or real estate.

  • GPA of 3.0 or better

  • Proficiency in Word, Excel, and Outlook.

  • Must be self-motivated and organized; also, must know how to work independently, multi-task, establish priorities, and meet deadlines.

  • Strong interpersonal skills and analytical ability

Compensation Range:

Pay Range - Start:

$16.50

Pay Range - End:

$30.00

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed.

Build a strong career foundation with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.