Name: Sorenie Gudissa
Class Year: 2020
Major: Mathematics
Hometown: Addis Ababa, Ethiopia
Internship Placement: The Glenmede Trust Company
Job Title: Manager Research Intern
Location: Philadelphia
What’s happening at your internship?
As a Manager Research Intern at Glenmede, I assist the department in the evaluation of external investment managers whose investment strategies the company utilizes to provide the best financial planning for its clients. The tasks of the department I directly work with (Manager Research Group /MRG) include monitoring, researching, and selecting managers based on their statistically measured long standing performance and qualitative analysis of the team making the investment decisions. Additionally, I work with the Manager Research Group to provide analysis on the different available securities that Glenmede could potentially invest in.
By being part of the internship program at Glenmede, I am also participating in the Glenmede Intern Challenge in which I work alongside six other fellow interns to formulate and present a plan that the company can implement to further differentiate itself as an investment management company in the industry. The plan is to be presented to the company’s management committee and board members at the end of the internship.
Why did you apply for this internship?
I applied to Glenmede because I wanted an opportunity to gain experience in the corporate world and in the financial industry that I believed would be valuable in my professional life after Bryn Mawr. I knew Glenmede would help me decide whether a career in finance is the right path for me.
What has been the biggest challenge you have faced at your internship?
The biggest challenge of working at Glenmede for me has been learning how to use the different software programs that Manager Research Group employs to keep track of and evaluate the financial markets and the performance of investment managers currently hired by the company. I also found making up for my nonfinance background by familiarizing myself with finance terms and concepts somewhat tasking. However, as I near the halfway point of my internship, I believe that I have learned and gained so much experience and understanding that has made my time at Glenmede worthwhile.