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Lazard Asset Management London: Sales & Marketing Summer Internship 2023

We are offering a unique opportunity to spend the summer as part of our Sales & Marketing team.

Candidates should have a thirst for learning and challenge consensual thinking. They should have a logical and analytical thought process and have an inquisitive mind. They need to possess strong interpersonal skills, including the ability and desire to work in a collaborative environment.

We are extremely proud of our track record in developing our interns to be successful long term members of our team, and hope to offer this year’s candidates the opportunity to join us after their studies.

The programme will take place between July and August, and is based at our London offices in the heart of Mayfair.

Who we are

Founded in 1848, Lazard operates in 41 cities across 26 countries with two core businesses: asset management and financial advisory. The Lazard Asset Management Group (“LAM Group”) has circa £177.5 billion assets under management across a wide range of global, regional and country-specific strategies - both traditional and alternative - in listed equity and fixed income.

We balance the feel of a small firm with the scale of a large global organization. The individual matters - if you come up with a great idea, you can apply it.

We cultivate a workplace culture where exceptional talent thrives. We promote diversity and inclusion, foster professional and personal development, and encourage our people to engage with the communities in which we live and work. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.

Our culture is unique

Our culture is entrepreneurial and collegiate. Our sales and marketing teams work collaboratively to achieve the best outcomes for our clients, as well as promoting our products to prospective investors.

Our Sales and Marketing teams are key to the continued growth of our business, the development of our products, getting our message heard and managing client relationships. There are several departments within Sales & Marketing including: Third Party Distribution, Institutional Marketing, Direct Sales, Consultant Relations, Alternative Marketing and Central Marketing Services. These teams engage investors and their representatives to identify investment needs and explore ways in which LAM is positioned to meet those needs.

Our people are open, honest and straightforward. Former interns have commented how genuinely friendly and approachable we are, and how we go out of our way to help them learn.

What to expect

During your internship, you will have the opportunity to work with all of our Sales and Marketing teams and be individually mentored throughout the programme.

The internship will give you a broad and in depth understanding of the skills required to be successful at our firm - from client servicing and sales support to relationship management. You will also be introduced to various divisions of our wider business.

You will be assigned a project looking into a real opportunity, product or challenge we are encountering, and asked to present your findings and recommendations to a panel of senior management at the end of your internship.

You will have opportunities to attend business, training and social events to allow you to understand our company and the asset management industry, alongside building your own network.

Should you join us permanently after your studies, you would have the opportunity to spend more time rotating through our various teams, to eventually become a client-facing salesperson after a few years.

Summer Intern responsibilities:

• Work with marketers to best understand LAM’s diverse client base and strategic products sold within a channel
• Research major trends within the industry to drive sales channel business
• Prioritise extensive potential prospects list based on firm strengths and client needs
• Work alongside Client Service Associates to complete client requests
• Use various internal and external research tools to conduct analysis to further develop client relationships
• Update quarter-end presentations for portfolio managers and sales representatives
• Automate marketing functions to increase efficiency and streamline processes
• Conduct competitive analysis based on qualitative and quantitative metrics

Applications

Our firm is made up of motivated, intellectually curious people. We are looking for candidates with an interest in Finance and the markets, and an appreciation for client servicing, sales support and relationship management. The inherent qualifications we look for are:

• Consistent academic achievement, from any degree discipline
• Exceptional organisation and communication skills (written and oral)
• Strong interpersonal skills, including the ability and desire to work in a collaborative environment
• Intellectually curiosity and a willingness to learn
• Strong attention to detail
• Intermediate use of Excel and PowerPoint (preferred)

Well-rounded candidates from a diverse range of backgrounds, who can demonstrate interests and endeavors outside of their studies, are especially welcome.

The programme is open to undergraduate and postgraduate students in their penultimate year of study. Please note that you must have ABB in your top three A-levels (excluding general studies), and a minimum predicted or obtained 2.1 university degree classification (or equivalent if you studied outside the UK).