Internship - Risk Management – January 2027
Lazard Frères Gestion, a subsidiary of the Lazard group, is an asset management company. Present in France, Luxembourg and Belgium, its nearly 240 employees manage more than €45 billion in assets under management. By joining us, you become part of a French company of human scale and strong growth, benefiting from international reach.
Specialized in active management, we offer our Institutional or private clients investment solutions, mainly including Equities, Bonds and Diversified strategies. Our rigorous approach is based on economic cycle analysis and thorough fundamental financial analysis of companies, ensuring a so-called "conviction" management of our investments.
We are regularly recognized for the sustained performance of our funds and the excellence of our personalized client service.
Through your involvement and your will to progress, you will contribute to the reputation of the Lazard brand, present on most continents for more than 175 years.
Your responsibilities in this role:
•Support the team in its daily tasks:
•Market risk (Value At Risk, Stress Test, Volatility / Tracking Error)
•Liquidity risk (cost and time of liquidation of investments)
•Climate risk (ITR, Climate Stress)
•Valuation and monitoring of model portfolios and structured products
•Participation in risk committees / discussions with management desks to support them in identifying and quantifying risks:
•Market risk committee
•Management Risk Meeting
•Participate in the development of risk management tools (Bloomberg, MSCI Insight, APT):
•Methodological analysis
•Monitoring and improvement of workflows
•Creation of reports
The profile we are looking for:
Finance/mathematics skills:
•Quantitative finance
•Understanding of the Greeks and their uses
•Knowledge of VaR / TE / Beta
•Knowledge of different asset classes (equities/bonds/structured products...)
IT skills:
•Proficiency in VBA and ability to understand and master a new programming language
•Knowledge of Bloomberg would be an asset
•Very good command of Excel formulas
Practical information:
•Start date: January 2027
•Internship location: Paris
•Internship duration: 6 months
What we offer:
Our interns and apprentices are potentially our future talents. Feedback from the interns and apprentices who preceded you allows us to continuously improve our internships and apprenticeships. Since 2023, Lazard Frères Gestion and Lazard Frères Banque have systematically obtained the HappyTrainees label. Working at Lazard means working for an organization that cares about your expectations, the development of your skills and your working environment.
Diversity and inclusion at Lazard:
At Lazard, we want to promote an inclusive working environment, where every employee is treated fairly, equitably and respectfully in all their diversity. Committed to a socially responsible approach, we deeply believe that diversity and inclusion are key to enabling our companies to achieve their growth potential. We are committed to continuously improving our diversity and inclusion practices and to continue raising awareness among all our employees on these essential themes.
