Portfolio Managment Intern Job at PIDC, Philadelphia, PA

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  • PIDC
  • Philadelphia, PA

Job Description

Philadelphia Industrial Development Corporation (PIDC) is Philadelphia’s public-private economic development corporation. Our mission is to spur investment, support business growth, and foster developments that create jobs, revitalize neighborhoods, and drive growth to every corner of Philadelphia. We achieve our mission through a diverse range of financing products, real estate solutions, and business support services. You can learn more about PIDC at pidcphila.com.

 

PIDC is committed to driving transformative growth for Philadelphians with a human-centered approach by directing our financial and real estate services, knowledge, and networks toward creating a vibrant and sustainable Philadelphia. To achieve this mission, PIDC focuses on five areas:

  • CAPACITY:  Create and sustain internal capacity and external partnerships to scale the availability and breadth of economic development resources and solutions.
  • CAPITAL ACCESS AND SERVICES:  Expand financing and business support services to benefit under-resourced communities and marginalized populations.
  • LAND USE:  Catalyze development of projects that create quality jobs, advance equity, and promote sustainability.
  • KNOWLEDGE AND NETWORKS:  Share knowledge and networks to respond to clients, partners, and market needs.
  • EMPLOYEE WELL-BEING:  Elevate the physical, mental, and financial well-being of PIDC employees and provide opportunity for each to thrive and grow professionally.

PIDC is governed by a thirty-member Board of Directors, appointed by the Mayor of Philadelphia and the President of the Greater Philadelphia Chamber of Commerce. The staff includes approximately 60 full-time employees, and PIDC’s current 12-member senior leadership team has a combined 150+ years of experience at PIDC. The organization’s annual budget of approximately $12M is funded by a combination from fees generated by PIDC’s transaction activities, service and management contracts, and contributed revenue.

 

Over the past 65+ years, PIDC has settled over 13,500 transactions with a diverse range of clients — including nearly $21 billion of financing and 3,400+ acres of land sales — which have leveraged tens of billions of dollars in total investment and assisted in retaining and creating hundreds of thousands of jobs in Philadelphia.

 

POSITION OVERVIEW AND RESPONSIBILITIES:

  • Assist Portfolio Management team in documenting policies and procedures manual.
  • Input Data in Salesforce
  • Review and spread financial statements in Salesforce

QUALIFICATIONS AND EXPERIENCE:

  • Student must be enrolled in and/or planning to continue their academic studies at an accredited 4-year college and/or university.
  • Student must be comfortable with Financial Statements and Financial Statement Analysis
  • Student should have a working knowledge of Salesforce

Job Tags

Full time,

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