PH&N Institutional Analyst Summer 2018

3.0
Position title
Institutional Analyst
Work term type
Internship
What was your monthly salary (before taxes)?
2,501 to 3,000
How long was your work term?
4 months
Where did the internship/co-op take place?
Vancouver, British Columbia
Work industry
Finance
Faculty
Business

Work review

With reflection, was your first day well-structured and organized? 
Went smoothly
Did the on-the-job training allow you to be successful in your role?
Good/Useful
Was your work challenging and engaging?
Moderate
The projects you worked on, did they give you valuable experience toward your career goals?
Very helpful
What did you like best about your internship/co-op? What type of work were you doing?

The diversity of work that I got to do working with the fixed income, mortgage and equity teams throughout the summer allowed me to develop an array of skills that were all relevant to my future career goals. This was very important to me from the beginning and I feel that PH&N was a great fit for my summer. The most interesting work for me was writing research papers for both client and internal distribution. These papers gave me the chance to explore areas of interest beyond the high level understanding required for completion of day-to-day tasks.

What did you like least about your internship/co-op?

There were two interns including myself working in the institutional team. This summer was the first time that they decided to accept two and it was clear that the workload they were prepared to give us was better suited to one person. Unfortunately, this meant that we would complete all assigned tasks and be left without work for long periods of time. We reached out to every team member repeatedly throughout the summer but with new full time team members joining who took priority on work assignment we continued to experience extended periods of inactivity.

Manager experience

Did your manager(s) provide you with support and coaching to be effective in your role?
Rarely
Did you receive clear and actionable feedback from your manager(s) during your work term?
Rarely
Did you feel comfortable asking your manager(s) questions, when needed?
Open door policy
Feedback to management about the internship/co-op program: 

Unfortunately, my manager left for maternity leave halfway through the summer and there was no contingency in place nor did anyone know who we were meant to report to. The other intern and myself spent the rest of the summer more or less as our own managers.

Social experience

To what degree did the team make you feel welcome, included and valued?
Rarely
How often were there opportunities to participate in social activities with your colleagues?
Occasionally
Describe the office environment/culture.

The culture here was very different from my last experience working in a summer position at RBC. It felt as though interns were viewed as necessary obstacles rather than effective team members even though we completed our work before the deadline and at our above expectations every time. Socially, we were included in most events outside of the office but even this felt like it was more of an afterthought.

What are the benefits/perks of working here?
Free coffee Internal company sports teams-events Social activities Stocked fridge

Final notes

Did the internship/co-op experience match what was described in the job listing and interview?
Just as advertised
Would you recommend this internship/co-op to a friend?
Probably
Would you work at this employer full-time if offered a job?
Maybe
Why did you choose this employer for your internship/co-op?
Reputation Work types Location
Advice to future interns applying to this company? 

Be prepared to work hard. Expect to be independent. Work longer than you think is expected even if you don't have any work to do (they expect it but do not tell you).