Parametric 2027 Security Master Engineering Internship New York

Morgan Stanley; New York (NY); Hybrid; USD 36,000 - 51,000; Full time

Benefits offered by this job

Hybrid work model

Capstone project

Networking opportunities

Job summary

Parametric, part of Morgan Stanley Investment Management, offers a 10-week internship in New York focused on Core Services Engineering. You will work with software engineers, data analysts, and product partners to enhance reference data, APIs, and cloud-native applications while learning AI-driven data solutions.

Rising juniors pursuing a related degree will gain hands-on experience with financial data, modern development, and Agile practices, in a hybrid work setting with a capstone project and

Qualifications

• Rising junior actively pursuing a bachelor's degree in a related field.
• Strong interest in financial markets, fintech, data platforms, and AI-powered solutions.
• Foundational knowledge of programming languages such as Java, Python, SQL, or JavaScript.
• Analytical mindset with strong problem-solving skills and collaboration abilities.

Responsibilities

• Support development, testing, and enhancement of Core Services applications, APIs, and data services.
• Assist in analyzing and validating security reference data across equities, fixed income, funds, and derivatives.
• Help investigate data quality and operational issues through analysis and root cause identification.
• Contribute to automation, monitoring, and observability solutions that improve data quality and efficiency.
• Create technical documentation and participate in Agile sprint activities.

Skills

Java

Python

SQL

JavaScript

Education

Rising junior pursuing a bachelor's degree

Tools

AWS

APIs

Databases

ML tools

Job description

Before we get to know you, please be sure to get to know us! Read more and learn about how Parametric fits within Morgan Stanley Investment Management. Learn more at https://www.parametricportfolio.com/about

Who we are:

Parametric is part of Morgan Stanley Investment Management, the asset management division. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We offer systematic alpha and alternative strategies to complement clients' core holdings. As a fiduciary, Parametric encourages companies to provide greater transparency around environmental, social, and governance (ESG) issues and rectify clear lapses in oversight. Clients trust us to represent their interests through our investment stewardship activities.

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: New York

Salary is set at $31.25 per hour.

No relocation assistance or housing support is offered. Candidates must be able to secure their own housing during the 10 weeks. Position is not eligible for benefits.

GENERAL DESCRIPTION

This internship position supports the Core Services Engineering team, who are responsible for delivering high-quality reference data across investment, trading, risk, and operational platforms. The intern will work alongside software engineers, data analysts, and product partners to enhance the firm's Core Services technologies by implementing mission-critical APIs, improving data quality and delivery, and supporting modern cloud-native applications while considering tradeoffs for scale and usability.

The role offers hands-on experience with financial data, software delivery, cloud technologies, and emerging AI-driven solutions that improve data validation, operational efficiency, and organic firm productivity. Interns will contribute to meaningful projects while gaining exposure to enterprise-scale financial technology platforms.

PRIMARY RESPONSIBILITIES

• Support the development, testing, and enhancement of Core Services applications, APIs, and data services.
• Assist in analyzing and validating security reference data across equities, fixed income, funds, and derivatives.
• Help investigate data quality and operational issues through analysis and root cause identification.
• Contribute to automation, monitoring, and observability solutions that improve data quality and operational efficiency.
• Improve platform stability using methodical approaches to standards, patterns, and best practices.
• Partner with engineering, product, and business teams on cross-functional initiatives.
• Create technical documentation, process guides, and knowledge-sharing materials.
• Participate in Agile development practices, including sprint planning, stand-ups, and project reviews.
• Additional responsibilities may be assigned based on business needs and individual interests.

JOB REQUIREMENTS

• Rising junior actively pursuing a bachelor's degree toward a related field.
• Strong interest in financial markets, financial technology, data platforms, and AI-powered solutions.
• Foundational knowledge of programming languages such as Java, Python, SQL, or JavaScript.
• Analytical mindset with strong problem-solving skills and attention to detail.
• Excellent communication and collaboration skills.
• Self-starter with intellectual curiosity and a willingness to learn in a fast-paced environment.
• Exposure to cloud technologies such as AWS, APIs, databases, machine learning, or AI tools is a plus.

WHAT YOU WILL LEARN

• Financial security reference data and Security Master platforms
• Modern API and cloud-native application development
• Data quality management and operational excellence
• Application of platform governance via defined enterprise standards
• AI and automation techniques for enterprise data platforms
• Agile software development and cross-functional collaboration
• Enterprise-scale financial technology systems

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.

This internship is ideal for students interested in software engineering, data engineering, AI applications, and financial technology.

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