Incubation Intern - Innovation and Market Intelligence - Filene Research Institute (Remote)

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone.  We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance, investment and technology solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.

Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition

Title:  Incubation Intern – Innovation and Market Intelligence

Dates:  Start July or August 2024. 20 hours per week during academic year with full-time hours available during the summer months. Role is planned through December 2024, with the option for extension
 

Work Location:  Filene Research Institute – Fully Remote

Not open to international students.

Early Development Program (EDP):
An internship path focused on delivering a meaningful experience designed to enhance student’s skillsets. With access to hands on experience, mentorship, development sessions/workshops, and more, this pathway cultivates future talent who are exploring their career interests.  Most appropriate for freshman and sophomores.

Filene Research Institute Organization Description

Filene Research Institute strengthens organizations through innovative research and incubation to improve consumer financial well-being. As an independent cooperative finance think tank, Filene’s membership network connects a community of leaders and bright minds to change lives through innovation, truth, and cooperation. In addition to delivering cutting-edge, actionable academic research, Filene also provides incubators to test and scale solutions, events to spark organizations into action and advisory services to help accelerate and implement innovation.

For more information, visit filene.org and @fileneresearch.

We live by the famous words of our namesake, credit union and retail pioneer Edward A. Filene: "Progress is the constant replacing of the best there is with something still better." Together, Filene and our thousands of supporters seek progress for credit unions by turning questions into research, research into ideas, and ideas into action. Filene is a 501(c)(3) not-for-profit organization.

Job Purpose

The Incubation Intern will work closely with the Incubation team, exploring new solutions for potential testing in the Lab at Filene and identifying emerging technological, social, and other innovation trends that will shape the future of credit unions and the communities they serve. The ideal candidate will have familiarity identifying and evaluating potential startup partners, exploring landscapes, and defining key trends, developing reports and deliverables, and managing team administrative duties. We are seeking a motivated, self-starter who is passionate about exploring new solutions in cooperative finance and thrives in a fast-paced, collaborative environment.

Job Responsibilities

• Innovation Trends and Startup Landscape Exploration
  • Collaborate with the Incubation team to explore the fintech startup ecosystem to identify the most promising and relevant emerging solutions.
  • Maintain a pulse on the latest trends and cutting-edge research to deepen Filene’s position at the forefront of credit union innovation.
  • In collaboration with the Incubation team, generate trend analysis outputs.
• Startup Coordination and Engagement
  • Schedule and support ongoing discussions with startups to explore potential collaborations and stay updated on their latest developments.
  • Assist in startup vetting and selection and contribute to the preparation for the monthly Fintech Spotlight series.
  • In close collaboration with the Lab leadership, proactively reach out to startups and solution partners that align with Filene Lab’s strategic priorities.
• Organization and Documentation
  • Partner with the Incubation team to compile a comprehensive monthly digest detailing the solution partners engaged, insights gained, and the status of ongoing discussions.
  • Ensure meticulous documentation of all interactions with startups and solution partners, utilizing Filene’s Salesforce platform.
• Additional Responsibilities
  • Provide support for research projects and tasks that help Filene advance credit unions’ understanding of consumer finance.
  • Expand understanding of consumer and cooperative finance, practice the basics of research in financial services, and build portfolio-worthy projects.

The statements above are not intended to be all-inclusive and other duties may be assigned as needed.

Job Requirements

• Working towards a relevant degree or equivalent work experience
• Strong analytical, critical thinking, problem-solving and decision-making skills
• Demonstrated interpersonal and customer service skills.
• Excellent communications skills
• Intellectual curiosity and the desire to learn.

Preferred Experience

• Excellent written and oral communication skills, including the ability to clearly summarize ideas and write strong copy.
• Ability to actively manage and prioritize several projects simultaneously, amidst ongoing and constant change.
• Passion for purpose and precision, including high-level of organization and keen attention to detail.
• Willingness to take initiative and work independently, while also contributing to a dynamic team.
• Ability to work effectively with Filene team, credit unions and consumer finance partners.
• Intellectually curious about credit unions and their members.
• Enjoy working in a “think tank” environment where ideation, continually embracing change, being restless with the status quo and seeking reinvention is part of the culture.
• Familiarity with Microsoft Office products, including Outlook, Word, Excel, and PowerPoint
• Experience using Salesforce, or willingness to learn the platform.
• Basic knowledge of financial services preferred, but not required.
• Experience with data analytics preferred, but not required.
• Experience with quantitative and/or qualitative market-facing research preferred, but not required.

Experience evaluating startups and identifying innovation trends is preferre

If you’re ready to help make a difference, apply today. Please provide your Work Experience and Education or attach a copy of your resume.  Applications received without this information may be removed from consideration.

Compensation may vary based on level of relevant experience, year in school and number of previous internships.

Base Salary Range:

At TruStageTM, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. Eligible employees may also enroll in medical coverage, employee assistance program, and the 401k plan.  Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees.  We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.