Parametric - 2027 Institutional Distribution Services Internship- (Minneapolis)

Before we get to know you, take some time to get to know us. Learn more about Parametric here

Parametric is part of Morgan Stanley Investment Management and has been helping investors solve complex challenges through customized investment solutions for more than 30 years. We work with financial advisors, institutions, and consultants to build portfolios tailored to their clients' goals.

At Parametric, you'll find the resources and global reach of Morgan Stanley combined with the innovation, collaboration, and entrepreneurial culture of a specialized investment firm.

The work environment is hybrid with most jobs working in office 3 days a week and others at home.

Duration: 10 Week Program - June 1, 2027, to August 10, 2027

Location: Minneapolis (Edina MN)

Salary is set at $28.50 per hour.

Position is not eligible for medical benefits or relocation/housing support. Candidates out of area must make their own housing arrangements.

Resumes will be reviewed on a rolling basis until the role is filled or the application deadline, whichever comes first.

General Description

This internship position provides ongoing support to the Institutional Sales & Service Team. Assists in performing routine operational and administrative activities including CRM, portal, and internal file maintenance. The candidate should be a dedicated, self-motivated, detail oriented, and confident individual who is interested in the financial industry and seeking to learn about the sales and service side of the business. The candidate should have the ability to solve problems and build relationships internally.

Primary Responsibilities

• Assist in maintaining the client portal framework, assists/leads in continuously ongoing portal enhancements and supports both client portal inboxes.
• Performs CRM System (Salesforce) maintenance and assists with data population as new functionality is introduced to maintain automated relationship framework, working through exceptions as they arise.
• Serves as a technical resource to the team, utilizing available resources and a demonstrated ability to handle both standard and non-standard situations through application of systems.
• Assists in maintaining accurate desktop procedures and day-to-day process documents that are distributed to the team for use. Creates new process documents as enhancements/projects come to fruition.
• Participates in broader institutional projects as needed by the Institutional Sales & Service team.

Job Requirements

• Available to work 40 hours per week during the summer.
• Junior or rising Senior, progressing towards a Bachelor's degree in Finance, Economics, or a related discipline.
• Strong attention to detail and strong written and oral communication skills.
• Experience working in Microsoft Office applications, especially PowerPoint and Excel.
• Ability to prioritize and manage multiple projects independently and simultaneously meet deadlines and adapt to changing priorities and timelines.
• Must possess a high level of initiative and have a demonstrated ability to work in a strong team environment.
• Willingness to learn the firm's structure, key personnel and organizational policies and procedures, in addition to a functional knowledge of a professional services environment.

Parametric internships are different than Morgan Stanley's. Become part of an internship that involves on the job training with cross functional team work on creating a capstone project toward the end of your internship. Come explore the field of financial services in an inclusive environment!

The Parametric Internship Experience

The Parametric internship is designed to provide meaningful, hands-on experience in financial services. Unlike many programs where interns spend the summer observing, you'll contribute to real projects, collaborate with professionals across the firm, and gain exposure to multiple areas of the business.

Throughout the 10-week program, interns participate in learning sessions, networking opportunities, and professional development events while building connections with peers and colleagues across Parametric and Morgan Stanley Investment Management.

A key component of the internship is a capstone project, where interns work individually or in teams to apply what they've learned and present their work to business leaders at the end of the summer.

What You'll Gain During the Program

• Exposure to the investment management and financial services industry.
• An understanding of Parametric's business, products, and clients.
• Hands-on experience working on projects that support real business objectives.
• Opportunities to network with professionals and leaders across the firm.
• Professional development focused on communication, collaboration, and career readiness.
• Cross-functional exposure to different teams and career paths within investment management.
• Experience presenting recommendations and insights through a capstone project.
• A network of fellow interns and colleagues that extends beyond the summer.