2026 Investment Management Off-cycle Internship Program – Parametric EMEA (Paris)

Business Unit: Investment Management

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

In the Investment Management division, we deliver active and systematic investment strategies across public and private markets and custom solutions to institutional and individual investors.

Morgan Stanley Investment Management, together with its investment advisory affiliates, manages $1.6 trillion in assets globally as of March 31, 2025.  Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Part of Morgan Stanley’s Investment Management division (IM) and more specifically of Parametric, Parametric EMEA’s objective is to create tailor-made investment solutions adapted to the needs of institutional investors. Investment philosophy is based on a process of creating innovative products on all types of underlying and respond to any risk profile. The investment  team in Paris manages 11 billion USD in the form of UCITS and alternative funds and SMAs as of 31 December 2025.

Training Program

The Off-Cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Management Division by taking on some of the responsibilities and functions of a Full-time Analyst for a short period.

The internship will commence in July 2026 and typically lasts 6 months. This internship will offer you an exciting and a dynamic work environment where you get to work alongside our diverse group of experienced professionals. The work that you do will be interesting and varied.

Responsibilities

• Daily support to the portfolio management team (daily valuation of complex derivatives, strategy monitoring, fund valuation, performance attribution)
• Improvement & development of monitoring and reconciliation tools for the portfolio management team and risk management
• External coordination with the various fund stakeholders (Fund administrators, Valuation agent, Custodian, Trustee, Auditors) and internally (with risk management and legal services)
• Update of marketing & investment reporting

Qualifications, Skills & Requirements

• You have graduated from university or able to take the time off to commit for a full-time internship role for 6 months from July 2026 if you are currently in study
• You have outstanding analytical and quantitative skills.
• You have excellent communication skills, both verbal and written.
• You have an excellent academic background and fluency in English as well as French, in full working proficiency
• You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization.
• You are a self-starter with the ability to work independently.
• You are driven, highly motivated and results-focused.
• You have strong organizational skills with the ability to manage time efficiently and effectively.
• You are detail oriented and have the ability to work efficiently within tight time constraints.
• Experience with VBA and/or Python would be a plus

What you can expect from Morgan Stanley

We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren’t just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you’ll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/aboutus/global-offices into your browser.