Friday, October 24, 2008

Upcoming Finance Club Speaker Event

The Bay Area Working Professionals Finance Association has an exciting speaker event in November!

Speaker: Norman Praught Director of Finance, Lucasfilm
Date: November 7th, 2008
Time: 5.00-6.00 p.m.
Location: Bishop Ranch 15
Room: 1504


Since the seating is limited please e-mail (RSVP) the Bay Area Finance Association VP of Events, Alex Flores (alexaflo@cisco.com) Lucie von Scheliha (lvonscheliha@ucdavis.edu) as soon as possible to reserve your spots.

This speaker event is free for first year WP students. Speaker events are free for the Bay Area WP Finance association members. Non Finance association members are welcome to the speaker events. Your cost will be $5 for each event.

The fee can be paid to the Finance Association VP’s of Finance Ahmed Aly (ibnadel@hotmail.com) or Damien Mar Chong (dmarchong@ucdavis.edu)

If you interested in joining the club click here

Thursday, October 23, 2008

CA Department of Finance Exam Announcement - Assistant Finance Budget Analyst position

From: Sullivan, Liz [mailto:Liz.Sullivan@dof.ca.gov]
Sent: Tuesday, October 21, 2008 2:05 PM
Subject: CA Department of Finance Exam Announcement - Assistant Finance Budget Analyst position



Dear Program Director/Coordinator,
The Department of Finance (Finance) invites your students who meet the minimum qualifications and are interested to apply for the position of Assistant Finance Budget Analyst. Finance is holding an open examination and all positions exist in Sacramento, California. Current employment with the State of California is not required.

We are looking for high performing individuals who are interested in being part of a professional and respected team. As a budget analyst, individuals deal with public policy issues and assist the Governor in making fiscal decisions that impact the people of California. Excellent opportunities for training, personal development, and career advancement are also available. Enclosed is a job bulletin which highlights the duties of the position. In addition, Finance's home page (http://www.dof.ca.gov/) has other important employment information that includes the Exam Bulletin for the Assistant Finance Budget Analyst that describes the minimum qualifications, and the testing and application process.

We plan to schedule interviews during the months of January/February 2009 and these would be to fill any upcoming or unanticipated vacancies.

Finance is an equal employment opportunity employer. We encourage students with disabilities to apply for these civil service positions. Please forward this information to any advocacy groups or programs for disabled persons at your campus / organization. If there is a contact(s) for such an entity, we would appreciate it if you would provide us with their name(s) and telephone number(s). We will include them in our direct distribution for future employment opportunities.

If you have any questions, please feel free to contact Dana Bralley, Training Officer, (916) 445-5532 or me at (916) 445-3358, extension 3086.

Thank you for passing along this career opportunity.
Sincerely,

Liz Sullivan
Selection Services Manager
Department of Finance
915 L Street
Sacramento, CA 95814

Part-time position - in an International Asset Management firm

Hello Finance students,

I wanted to bring the following new opportunity to your attention.

1- A part-time position (working remotely) with an international Asset Management firm –MEAG

Working Professional - Send resume directly to Professor Barber at bmbarber@ucdavis.edu

Day Time students apply on eRecruiting.com



Employer Profile

Employer Code:

Description:
MEAG – A strong asset management partner
MEAG MUNICH ERGO AssetManagement GmbH (MEAG) is a major asset management force in the European financial sector with responsibility for over EUR 181 billion (31 December 2007). We are also the asset manager for the Munich Re Group. We invest in securities, real estate and funds, offering our expertise to both institutional and private investors.



Know-how for private and institutional investors
We are the ideal partner for both private and institutional investors, bundling extensive know-how in all key asset classes under one roof and ensuring that your money is in good hands. We compile fund, security and real-estate portfolios based on your earnings specifications.
Our size and the volume of funds under our management enable us to offer you highly competitive conditions for the reinvestment and security of your investments.

Industry:
Finance/Banking - Asset Management

URL:
www.meag.com/default2006_en.asp







Job Title:
Part-Time Asset Manager

Description:
1) Description of MEAG: MEAG is the asset manager for Munich Re and ERGO Insurance Group. In addition to managing the Group's own assets, we also work for other partners outside the Group. With management units in New York and Hong Kong and managed assets amounting to around Euro 176 billion (30 June 2008), we are one of Europe's leading asset management companies. MEAG manages around Euro 2.3 billion in mutual funds for private investors (30 June 2008).

Munich Re Group's asset management has been in the hands of MEAG since 1999. Our key customers are of course Munich Re, as one of the world's leading reinsurers, and ERGO, Germany's second largest insurance group, with the brands Victoria, Hamburg - Mannheimer, DKV, D.A.S. and KarstadtQuelle Versicherungen.

MEAG supports its partners in their global activities. We also offer our international competence gained from managing the assets of the Munich Re Group to private investors, in award-winning mutual funds. Munich Re's global presence gives MEAG access to all the world's capital markets.

2) MEAG NY's manages both equity and fixed income assets, with fixed income representing by far the largest percent of our holdings. Within fixed income, our focus covers a variety of asset types including corporate bonds, structured products, US government securities, municipals and emerging markets.

3) We have identified the following four projects for the intern to work on and have included expected hours to complete. The rate for an intern at our company is $12.50/hour. The completion of the projects depends on the interns time schedule given the course work load they may be carrying. My own estimate would be for the intern to commit 5-8 hours per week on the projects.

• Build a database of public companies that participate in technologies that promote the development of clean air and water. For instance, technologies that allow utilities to remove mercury from the smokestack. Besides the company names, we would also like the business segment or unit that the technology belongs to and any current revenue associated with the technology. SEC filings can be used to research company business segments. One possible avenue for finding these companies would be to look at the holdings of RI-related mutual funds. Also as part of this topic, determine if new financing is flowing into these companies via either public markets (bonds/equity) or private placements. 20 hours
• Participate in developing proxy guidelines for our internal RI equity funds. The intern should help formulate a list of hotbutton issues (from an environmental, social and governance standpoint) that a proxy framework should address. For instance, what percentage of stock options, as a percentage of total shares, can the company grant on an annual basis? While there is no "right" answer, the intern can help to determine industry best practice. Websites and prospectus from public RI mutual funds would be helpful to examine what other similar funds are doing. 20 hours
• Research the investment opportunities in "Carbon Emission Trading". While this might be a well known concept in Europe, it's still relatively new and undeveloped in U.S. The intern can research into the background, the size of the market in Europe, what has been the result in Europe in terms of investment trends, returns, etc. In addition, the intern can research any developments in the U.S. in terms of Carbon Emission Trading, the major players and their track record. The Kyoto Protocol makes a reference to it. There is also IETA (International Emission Trading Association) where the intern can obtain additional information. 20 hours
• Research and put together a list of legislative initiatives, approved and in discussion that will foster the expansion of responsible and sustainable investment. This should categorize legislation by targeted industry or broader environmental objective. For the second phase of the project, we will identify some of the major legislative initiatives the intern has done preliminary research on and ask for an assessment of the economic impact as well as potential costs, financing, and investment opportunity (benefits, risks, returns) that may originate. 20 hours

4) I will be the primary contact for the intern, although they will talk with several other members of the credit team and should reach out to them to complete the projects. The intern can email or call me at anytime to discuss the projects and meet the other members of our team. I would expect a phone call at least every two weeks to touch base on developments.

5) As part of a successful completion of the project work, it is envisaged that the intern may travel to New York at MEAG New York's expense. The decision on whether or not a trip shall take place will depend on our assessment of and satisfaction with the work product.

Opportunity Type:
Part-time job

Contact:
Brad Barber

Status:
Part-time

Classification:
Internship

Job Locations:
New York, New York (work remotely)

Job Function:
Accounting/Auditing, Finance

Compensation Type:
Paid