Parametric - Operations Internship 2023 - Minneapolis
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 also offer systematic alpha and alternative strategies to complement clients’ core holdings. Intern roles at Parametric will be part of our hybrid working model – this includes working in the office 2 to 3 days a week and choosing where one works best the remaining days of the week. Eligible applicants must be able to work in assigned office. 100% remote is NOT available. Office Location: Minneapolis Salary set at $25 per hour. Position is not eligible for benefits. |
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 |
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This Program is closed to applications.