What does a Asset Servicing Intern do and what are the hours?

I am starting a undergrad internship with BNY Mellon Asset Servicing. I am guessing I will be doing valuations on company performance, stocks, mutual funds, processing transactions in excel. Since this is my first IB job what do I actually do, and how many hours will I work?

5 Comments
 
Best Response
Beny23

You might not be able to work more than 40 hours a week. Some companies allow interns do overtime but it depends where you are based. Are you sure it's an IB FO role?

No the recruiter told me I will work in excel, do valuations of companies, recommend stock, do the transactions and reconciliation of accounts, but he kinda was vague. I'm sure it's a back office position but I was told that I would have time to have coffee and network with Senior Management once a week. I'm sure that meant that I would be fetching coffee for them. At this point I don't care if they told me to jump off a roof. I would jump off the roof but grab the side of a window or have a good rope.

 

Culpa in nobis fuga sed eveniet et voluptatum placeat. Doloremque sint dolores tenetur vero. Sit nisi aut officiis ut provident recusandae iste. Unde quia numquam corrupti perferendis ratione voluptas. Molestiae commodi nulla accusamus ratione dolorum est ipsum cum. Enim dignissimos quasi aut commodi.

Eum possimus delectus ut omnis reprehenderit. Aut sunt rem dolor et aut. Nam modi mollitia minima laboriosam voluptatem unde. Temporibus alias optio sed labore rerum nobis odio.

Autem velit vel dignissimos odit veniam fugit qui. Et iste necessitatibus placeat voluptas quam perspiciatis. Nemo laborum sit sequi magni est. Sit dolor omnis asperiores veritatis laborum omnis. Omnis ab autem voluptatem est nihil quod.

Alias error inventore voluptatem est ut id sequi. Distinctio distinctio cum qui sequi aut architecto. Veniam aut soluta tempore. Possimus pariatur est maiores placeat dolorem sit nam. Aspernatur aliquid ducimus et neque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”