Spider Management Intern

Job Description Spider Management Company Summer Internship Opportunity for UR Partner Institutions ONLY:
Virginia State University, Hampden-Sydney College, Randolph College, University of Lynchburg, The Citadel, Campbellsville University, Longwood University, PGA First Tee affiliation

Spider Management's (Spider's) internship program is intended to expose a sophomore student to a wide range of strategies across the asset management industry.

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

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.

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

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

Fall 2026 Sophomore, preferably majoring or minoring 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

Fall 2026 Sophomore Student;
Econ and Finance majors strongly preferred

Student attending a UR Partner Institution (see above if your institution is listed)
Resume and cover letter Copy of Unofficial College Transcript

Schedule:

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

Pay Rate: $20 to $25 an hour. This is an 8 to 10-week part-time, temporary position, mid-May to mid-August 2027.