DC Retirement Board Investments Intern (Summer 2027)

About the D.C. Retirement Board The District of Columbia Retirement Board (DCRB) is an independent agency of the District of Columbia Government. DCRB has the exclusive authority and discretion to manage the District of Columbia Police Officers and Firefighters’ Retirement Fund and the District of Columbia Teachers’ Retirement Fund (the Funds), totaling approximately $15 billion.

For an overview of DCRB, please refer to the latest Annual Comprehensive Financial Report (ACFR). Program Overview The Investment team’s internship program will provide participants with an opportunity to learn about Washington D.C.’s public pension fund and the institutional investment industry, and interact with best-in-class investment managers across various asset classes. Interns will gain first-hand experience learning about asset classes, portfolio construction, private markets due diligence, and other public pension investment work.

As part of the internship, DCRB also will sponsor interns’ participation in the CFA Institute Fundamentals Certificate Program , and provide study time for the CFA exam. (Please note: All qualified applicants are encouraged to apply; however, District of Columbia residency is preferred.) Program Duration Total of eight (8) weeks (June and July)—onsite at DCRB—with general expectation of 40 hours per week. (Potential for part-time extension during the academic year (minimum eight (8) hours per week), depending on assessed performance in and successful completion of internship.)

Compensation Paid ($29/hour); plus, public transportation benefit.

Qualifications Rising junior or senior pursuing a bachelor’s degree. Strong desire to learn about financial markets and institutional investing.

Experience with Microsoft Excel. Ability to complete small tasks independently. Strong quantitative, analytical, and problem-solving skills. Strong interpersonal, leadership, and communication skills. Ability to work collaboratively within a small team. Authorized to work in the U.S. without sponsorship.

Responsibilities Gather, synthesize, and manipulate data to prepare analyses and reports. Assist in drafting and editing investment reports, memos, and slide presentations. Create and help maintain internal investment databases.

Virtually participate in workshops, training, and conferences along with Team. Assist the Team with investment-related administrative and legal tasks. Participate in meetings with investment management firms alongside members of the Team.

Participate in agency-wide, ‘Meet DCRB’ introductions to other departments of the agency. Help identify opportunities to create efficiencies and improvements within the Investment department. Attend Investment Committee meetings.

Deliver a final, comprehensive project at the conclusion of the internship, focused on an assigned institutional investment topic, culminating in a written analysis, formal memorandum, slide presentation, and an oral briefing to the Investment Team and other DCRB staff. Reporting & Feedback Interns will be assigned a mentor. Regularly scheduled check-ins to support learning and professional development.

How & Where to Apply For consideration, please submit the following: Resume, Cover letter detailing your interest in the institutional investment industry and DCRB, Current academic transcript, and Contact information for three (3) professional and/or academic references. Please email all application materials and direct any questions to: Ms. Rabinai Carson, HR Compliance Specialist dcrb.vacancies@dc.gov Pay: Up to $29.00 per hour Expected hours: No more than 40.0 per week Location: Washington, DC 20001 (Preferred) Work Location: In person