Job Specifications
Boston, New York
Asset Management
Summer Internship
Lazard is one of the world's preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward -- and for careers to take flight.
Many of the world's leading investors -- from individuals to institutions across the globe -- have entrusted Lazard Asset Management. We pride ourselves in uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future -- whether it's for retirement, to grow and preserve inter-generational wealth, or to benefit the organizations that make our world smarter, healthier and more sustainable.
The Quantitative Research Team at Lazard Asset Management applies advanced statistical and computational techniques to address real-world investment challenges. We combine cutting-edge quantitative methods with deep market insights to drive better investment outcomes for our clients.
Please note the program is open to rising seniors, class of 2027 only.
What We Offer
Real-World Experience: Work on actual investment problems with measurable impact.
Mentorship: Collaborate closely with a mentor dedicated to your development.
Access to Experts: Engage with industry veterans and thought leaders who bring decades of experience.
Collaborative Environment: Experience the collegiality of a small team within a global organization.
Professional Growth: Develop technical, analytical, and interpersonal skills that are foundational for a career in finance or quantitative research.
We'll trust you to:
Develop and enhance quantitative models to support investment decisions.
Analyze large datasets to uncover actionable insights.
Collaborate with portfolio managers, researchers, and developers to solve complex investment problems.
Present findings and recommendations to team members and stakeholders.
You'll Need to Have:
Highly motivated students with strong quantitative and analytical skills who are excited to apply their expertise to finance.
"Familiarity with Machine Learning algorithms and NLP techniques."
Undergraduate, Master's, or PhD students majoring in mathematics, statistics, physics, electrical engineering, computer science, economics, or related fields.
Excellent logical reasoning and problem-solving capabilities.
Experience with programming, especially in Python, for data processing and analysis.
Strong foundation in statistics and data analysis.
Ability to work effectively in a fast-paced, collaborative environment.
Strong communication skills, including the ability to present complex concepts clearly.
Intellectual curiosity and eagerness to learn.
Passion for quantitative research and financial markets.
Representation at Lazard
Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions.
Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.
Compensation: Pro-rated base annual salary of $90,000
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About the Company
Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For ...
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