Investment Operations Internship

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.

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.

Office Location: Minneapolis (3600 Minnesota Drive, Minneapolis, MN 55435)

The base pay rate is set at $28.50 per hour. Position is not eligible for benefits. 

Duration June 9th to August 15th, 2025

General Description

The Operations Intern is responsible for a variety of duties relating to institutional investment management operations processes; trade processing, reconciliation, dispute resolution, settlement monitoring. This role will provide support to the Operations Team’s analysts and project owners.

Primary Responsibilities

–      Assist with the trade processing workflow of futures, swaps, options, forwards, equities and fixed income transactions.

–      Reconcile internal systems to broker data, monitor breaks and follow up with internal/external stakeholders.

–      Monitor internal investment management system Open Workflow Tasks and assist in the resolution thereof.

–      Completion of tasks and special projects as needed relating to a variety of internal projects and initiatives, e.g. TriOptima project, reconciliation project, post trade processing project, Markit Trade Manager project etc.

–      Assist in developing/enhancing/testing written procedures for department responsibilities.

–      Act as a liaison with other departments on Open Workflow Tasks and projects.

–      Administrative duties, including organizing files, coordinating meetings, preparing agendas, maintaining meeting notes.

–      Other responsibilities as assigned.

Job Requirements

–      Student progressing towards a degree in Finance, Accounting or Economics

–      Minimum two years of under-graduate work completed

–      Strong organizational skills and attention to detail with the ability to meet deadlines

–      Ability to work well with others

–      Self-motivated with ability to work independently and exercise good judgment

–      Proficiency with personal computer software, including Microsoft Word and Excel

–      Effective interpersonal and communication skills

 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 October 16, 2024, in order to be considered.