Intern – Business Development

Milan

Asset Management

Full Time

Intern – Business Development (Distribution) – December 1st 2025
Lazard is one of the world's leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives - they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward - and for careers to take flight.

Many of the world's leading investors - from individuals to institutions across the globe - have entrusted Lazard Asset Management. We pride ourselves in uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future - whether it's for retirement, to grow and preserve inter-generational wealth, or to benefit the organizations that make our world smarter, healthier and more sustainable

Role context
You will join the
Italian Sales team
and will therefore be in direct contact with our clients.

You will also participate in internal committees, video conferences, and events. You will work closely with portfolio management, client servicing, reporting, risk control, legal, and middle office teams, giving you a broad understanding of all areas of asset management.

Your responsibilities will include:

• Monitoring the commercial activity of Italy Distribution team of Lazard Asset Management, which covers relationships with multi-managers, private banks, retail banking networks, insurance networks, and independent financial advisors
• Contributing to the overall commercial effort of the team
• Assisting with tailored responses to client requests
• Helping prepare client meetings and potentially attending them
• Drafting "key selling points" for highlighted funds
• Preparing quarterly management updates on flagship funds for clients
• Creating presentations for clients and prospects summarizing flagship funds
• Tracking the performance of flagship funds and defined peer groups
• Sending specific documents from our tools (performance attribution, holdings, allocations, specific performance commentary, and fund positioning)
• Working on funds from Lazard Asset Management, the other asset management entity of the Lazard Group
• Participating in Lazard-organized events and contributing to their smooth execution

What you will bring:

• Graduate or currently enrolled in a university or business school program (Master's degree) with a strong interest for financial markets
• English (fluent) and French (intermediate)
• Proficiency in Microsoft Office (Excel, Word, PowerPoint) under Windows and AI
• Curiosity, autonomy, rigor, and strong interpersonal skills

What we offer:
We value the health and well-being of our employees by offering competitive and tailored benefits. We provide an experience that allows our employees to balance professional, family, and social commitments. Working at Lazard means joining an organization that cares about your interests and skills and invests in your career development.

Internship benefits:

• Assignments in English within an international environment
• Direct contact with the entire sales team responsible for institutional and distributor clients, with opportunities to attend client meetings and events
• The chance to deepen your knowledge of financial markets through daily interaction with the Portfolio Management, Reporting, Risk, Legal, and Marketing teams
• Participation in weekly equity and fixed income management committees, as well as monthly committees on tactical outlooks, convertible bonds, and multi-asset funds

Diversity and Inclusion at Lazard:
At Lazard, we strive to promote an inclusive work environment where every employee is treated fairly, equitably, and respectfully in all their diversity.

Committed to social responsibility, we firmly believe that diversity and inclusion are key to enabling our businesses to achieve their growth potential. We are dedicated to continuously improving our diversity and inclusion practices and raising awareness among all employees on these essential topics.

Practical information:

• Start date: December 1st 2025
• Duration: 6 months

Do you recognize yourself in this description?
Apply now We will contact you shortly regarding the next steps.