Job Description

Spider Management Company has two summer 2027 internship opportunities

POSITION SUMMARY: Spider Management’s internship program is intended to expose sophomores and juniors at the University of Richmond to a wide range of strategies across the asset management industry.

Spider Management Company (“Spider Management”) is the investment office for the University of Richmond and a select group of other non-profit organizations.  Spider Management’s 23-person team is split between Investments, Operations, and Investor Relations.

JOB DUTIES/RESPONSIBILITIES: This internship will provide valuable hands-on experience across the organization’s three teams.  Projects could include, but are not limited to, research, data collection and analysis on potential investments, report production, database management, compliance, and market analysis.  Candidates will attend team meetings, as well as have the opportunity to attend meetings with external investment managers across asset classes (meetings may be virtual or in-person).  Candidates will also have the opportunity to take on ad-hoc projects to improve the team’s processes and/or explore select topics of interest for the purpose of presenting their findings to the team.

Our intern program offers the following for a Sophomore and Junior:

• The opportunity to immerse yourself in the daily responsibilities, projects, and initiatives

• Collaborate with seasoned professionals

• Interact with team members and senior leadership

• Gain exposure to various areas of the business

• Contribute to evaluations of prospective investment opportunities 

What You Will Learn/Gain During the Internship:

• Basics of endowment and foundation investing

• Interact with and learn from world-class investment managers

• Fundamentals of asset allocation and portfolio management

• Introduction to multiple traditional and alternative investment asset classes

• Exposure to investment opportunities in a wide variety of sectors and geographies

QUALIFICATIONS REQUIRED:

• Indicate in cover letter if you are applying for the Sophomore Internship or the Junior Internship

• For Sophomores: preferred majors or minors in Business/Finance or another quantitative discipline

• For Juniors: REQUIRED majors or minors in Business/Finance or another quantitative discipline

• Must have excellent academic credentials

• Fully developed quantitative and analytical skills

• Proficiency in Microsoft Office products; advanced Excel and/or PowerPoint skills preferred

• Strong communication skills, both written and oral

• Ability to multi-task and work independently

• Detail-oriented and extremely proactive

• Self-starter

• High level of professionalism and integrity

• Cooperative attitude – must be a team player

• Interest in investment management industry, particularly non-profit investment management

• Must adhere to Spider Management Company’s Code of Ethics policy

LOCATION: In-person (Richmond, VA)

CONTACTS:

• Spider Management staff

• External investment managers

WORKING CONDITIONS/PHYSICAL EFFORT:

• Environment – Office

• Essential Physical requirements – standing, sitting, typing

REQUIRED:

• Required: current Fall 2026 Sophomore or Fall 2026 Junior

• Resume and cover letter

• Please indicate in your cover letter and resume if you are applying for the Sophomore or the Junior Internship

• Copy of Unofficial College Transcript

Schedule: Monday through Friday, 8:30 am to 5 pm; schedule times may vary.

Spider Management Pay Rate: $20 to $30 an hour. This is an 8 to 10-week part-time, temporary position, mid-May to mid-August 2027.