Internship

Capital Project Engineering Intern

Posted on 12/20/2024

Vanguard

Vanguard

10,001+ employees

Client-owned investment management firm offering low-cost funds

Fintech
Financial Services

No H1B Sponsorship

Malvern, PA, USA

Hybrid working model requires in-office presence.

Category
Construction Management
Building Services Engineering
Architecture & Civil Engineering
Requirements
  • Currently enrolled as an undergraduate or graduate student in mechanical engineering, electrical engineering, construction management, facilities management, or similar degree programs
  • Able to work full-time during the summer of 2025
  • Excellent oral and written communication skills
  • Demonstrated research and organizational skills
  • Familiarity with relevant computer programs including Microsoft Office suite
  • Familiarity with Equipment Sequence of Operations
  • Familiarity with Building Automation or Smart Buildings
Responsibilities
  • Thorough understanding of how the buildings operate by field surveys, building automation systems and review of mechanical, electrical, plumbing and fire-protection drawings
  • Design process including reviews and total cost of ownership driving scope decisions
  • Construction progress walks for QA/QC and owner acceptance
  • Managing the project process and the fundamentals to projects (Scope schedule and budget)
  • Project budget management including descoping bids, reviewing change orders invoicing and projecting cashflow
  • Present ideas and collaborate with staff

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutional clients. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company aims to help clients grow their wealth and achieve their financial goals through effective investment strategies, with many of its funds performing competitively over time.

Company Stage

Private

Total Funding

N/A

Headquarters

Kline Township, Pennsylvania

Founded

1975

Simplify Jobs

Simplify's Take

What believers are saying

  • Vanguard's new active bond ETFs offer diversified, low-cost fixed income options.
  • The acquisition of Steelcase shares diversifies Vanguard's portfolio into the furniture industry.
  • Launching the International Dividend Growth Fund appeals to investors seeking sustainable dividend growth.

What critics are saying

  • Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.
  • Vanguard's stake in Steelcase exposes it to the volatile furniture market.
  • New active bond ETFs may struggle in a low-yield environment with increasing competition.

What makes Vanguard unique

  • Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.
  • The firm offers low-cost investment products, making it attractive to cost-conscious investors.
  • Vanguard's ownership structure allows it to focus on long-term investor value.

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Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off

INACTIVE