2023 Investment Management Fall Co-Op Program - Calvert Engagement (Washington D.C.)
Program Overview
Morgan Stanley Investment Management (MSIM) hires undergraduate co-ops to simultaneously contribute to and learn about various groups within our division. Co-ops spend six months fully immersed in their work and MSIM culture, resulting in an enriching and formative experience.
Position Overview
Calvert Research and Management (CRM) is seeking a motivated and talented individual to support Calvert’s proxy voting and corporate engagement on environmental, social and governance (ESG) issues (sometimes called active ownership). Catalyzing positive change at companies in order to improve social and environmental outcomes, strengthen governance and improve investor returns is central to the mission of CRM.
The qualified candidate will join a diverse and highly skilled team of ESG engagement specialists who drive positive change through Calvert’s investment and engagement work. We recognize that qualified candidates may not have direct experience in active ownership. Excellent writing, research and data analysis skills, a demonstrated interest in the environmental, social and governance topics that we cover, and a strong desire to create positive change are essential traits. We expect that this role will develop the professional skills necessary for a further career in ESG.
Responsibilities
- Analyze social, environmental and governance trends to identify emerging themes for engagement and voting.
- Perform company research in support of specific corporate engagements and annual engagement target selection. Includes analysis of large data sets to identify insights about company ESG issues.
- Organize and participate in company meetings and provide written analysis of meetings in support of engagement objectives.
- Provide input and analysis to Calvert’s investment research team on the subject companies.
- Design presentation slide decks for internal and external use, including data visualizations.
- Draft letters to companies, investors and regulators.
- Collaborate with internal partners, including investment professionals and ESG research analysts, in providing input to company engagements.
- Assist with developing reporting and presentations related to engagement and proxy voting trends.
- Maintain database of corporate engagement notes and company, investor and stakeholder contacts.
- Monitor actions of companies following Calvert engagement.
- Respond to a variety of reporting requests (Sales, Marketing, RFPs, etc.) about CRM proxy voting and engagement activities.
- Support the drafting of comment letters regarding regulatory actions.
Requirements
- This position is designed to be part of an undergraduate co-op work program; applicants must be available to start in July 2023 and finish role at end of December 2023
- Ability to extend co-op into early January 2024 preferred
- Pursuing a Bachelor's degree with an expected graduation date between December 2024 and June 2026
- Coursework in business, finance, public policy, and/or sustainability required
- Demonstrated interest in environmental, social and governance issues
- Demonstrated research skills, including data analysis and data visualization
- Knowledge of data analysis packages such as Python, R, and/or Tableau preferred
- Demonstrated ability to multi-task, manage workflow, and meet deadlines consistently
- Ability to synthesize a wide variety of inputs, both internal and external, to distill key points and communicate these clearly
- Demonstrated ability to solve problems creatively
- A self-starter and critical and independent thinker
- Excellent written and spoken communication skills
Application Process and Deadline
In order to be considered, candidates must apply with their resume and a writing sample through the Morgan Stanley website. Resumes will be reviewed on a rolling basis starting January 10th, 2023 and continuing through February 28th, 2023 or until the role is filled, whichever comes first. Please submit your writing sample in the "Cover Letter" section of the application form - writing samples should be examples of previous work and between 1 - 3 pages in length.
Expected base pay rate for the role will be between $30.00 and $40.00 per hour at the commencement of employment. However, base pay is only part of the total compensation package, which, depending on the position, may also include discretionary bonuses and other Morgan Stanley sponsored benefit programs.
This Program is closed to applications.