Before we get to know you, please be sure to get to know us! Read more and learn about how Parametric fits within Morgan Stanley Investment Management. Learn more at https://www.parametricportfolio.com/about
Who we are: Parametric is part of Morgan Stanley Investment Management, the asset management division. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We offer systematic alpha and alternative strategies to complement clients' core holdings. As a fiduciary, Parametric encourages companies to provide greater transparency around environmental, social, and governance (ESG) issues and rectify clear lapses in oversight. Clients trust us to represent their interests through our investment stewardship activities.
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Our culture is based on the principles of Accountability, Advancement, Representation, and Inclusive Culture. We offer several employee networking groups such as: Women in Leadership, Pride +, Mosaic Multicultural.
The work environment is hybrid with most jobs working in office 2-3 days a week and others at home.
Duration: June 9th to August 15th, 2025
Expected base pay rate is set at $33.50 per hour. Other: Intern roles are not eligible for benefits.
General Description
The Investment Strategy Intern will be responsible for providing analysis and quantitative modeling to support Parametric's existing investment strategies and contribute to new product development.
Primary Responsibilities
- Construct and manipulate large data sets to perform quantitative analysis.
- Conduct back-testing and data analysis.
- Assist with research into current market trends and environment.
- Develop and maintain investment algorithms.
- Assist other investment professionals in the development and maintenance of models that support investment strategies.
- Other duties as assigned.
Job Requirements
- Students progressing towards a Bachelor's or Master's degree with a concentration in finance, economics, statistics, math, computer science, or a related field
- Proficiency in Excel and understanding of basic data modeling language (Python with NumPy, SciPy, Pandas packages, C#), or any other statistical tools that allow for quantitative modeling and analysis
- The ability to work with large data sets
- The ability to work on a team and to work autonomously on projects (involving others as needed)
- Strong verbal and written communication skills
- Interest in investment and financial markets
Resumes will be reviewed on a rolling basis until the role is filled or the application deadline, whichever comes first. Applications must be submitted by Sunday, October 06, 2024, in order to be considered.
Job Level
Intern
Program
Summer Analyst