2027 Portfolio Manager 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.

The Equity Advantage 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. 

Our hands on, 10-week internship is designed for students who are interested in pursuing a career in portfolio management. You will work directly with the investment professionals on real investment problems where your contributions have measurable impact from day one. You'll be paired with a dedicated mentor invested in your growth, while gaining direct access to industry veterans and thought leaders who bring decades of market experience to share. As part of a close-knit team embedded within a global organization, you'll enjoy the best of both worlds: the collegiality and hands-on exposure of a small group, backed by the resources and reach of a world-class firm. It's an environment built to sharpen the technical, analytical, and interpersonal skills that form the foundation of a lasting career in portfolio management. 

Eligibility Criteria

• This program is open to rising undergraduate juniors only. You must be graduating in 2029!
• Ability to start an internship June 7, 2027, and end August 13, 2027
• Ability to be in NYC for the duration of the internship
• Authorization to work in the United States without visa sponsorship 

We’ll trust you to:

• Assist in monitoring portfolio holdings, exposures, and risk metrics (e.g., sector/geographic weightings, tracking error, beta) relative to benchmarks and mandates. 
• Assist with data gathering, cleaning, and analysis using tools such as Bloomberg, FactSet, or internal portfolio management systems. 
• Help prepare portfolio performance attribution and commentary, and contribute to investment committee materials, client presentations, and quarterly/annual reports. 
• Present findings and recommendations to team members and stakeholders. 
• Participate in team meetings, market discussions, and training sessions to build knowledge of investment philosophy and process and take on ad hoc research or special projects as assigned. 

You'll need to have:

• Highly motivated student with consistent academic achievement and strong quantitative or analytical skills. 
• Demonstrated passion for and understanding of financial markets. 
• Advanced PowerPoint and Excel experience, and experience building data-driven presentations for internal and external audiences. 
• Excellent written and interpersonal skills (responsive, inquisitive) as well as decision-making and analytical abilities. 
• A can-do attitude, strong work ethic, and intellectual curiosity. 
• Data analysis skills, such as Python, VBA, SQL a plus. 
• Strong foundation in statistics and data analysis.
• Ability to work effectively in a fast-paced, collaborative environment. 
• Intellectual curiosity and eagerness to learn. 
• Familiarity or experience with generative AI tools (e.g. ChatGPT, Copilot, Claude, or similar).

Note, we will review applications on a rolling basis.

If this sounds like you, apply and a member of our recruitment team will be in touch! 
 

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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