About The Role

Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference . While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.

Lazard's Paris-based Sovereign Advisory Group is the historic and market-leading player in the public sector financial advisory industry. We provide tailor-made advice to governments and state-owned enterprises around the world with a focus on transaction-based financial advisory assignments in emerging and frontier markets.

For more than 50 years, our team of c. 20 investment bankers, macroeconomists, capital markets experts and former high-level civil servants has put its unmatched experience at the service of our clients, which have entrusted us with the task of providing non-conflicted advice in the context of complex and sensitive financial assignments. These include debt restructuring operations, the design and implementation of financing strategies and debt management frameworks, infrastructure development assignments, macro-fiscal policy advisory and the management of public assets and contingent liabilities.

Recently, Lazard’s Sovereign Advisory Group has acted – or is still acting – as financial advisor to the governments of Argentina, Ecuador, Ethiopia, Ghana, Lebanon, Mozambique, Sri Lanka, Sudan, Suriname and Zambia in the context of sovereign debt restructuring assignments. Our team has also been involved in some of the most high-profile sovereign and quasi-sovereign restructurings of the last two decades, notably in Croatia, Congo, Greece, Iraq, Kazakhstan and Ukraine.

We are seeking an intern for our Sovereign Advisory team. High-potential master students’ candidates are expected.

The internship will start in March 2027, for a period of 6 months. This position is based in Paris.

We’ll trust you to

Perform macro-financial analyses and market updates;
Assist in the elaboration of presentations and memorandums in the context of active mandates;
Prepare materials in the context of the team’s marketing efforts;
Assist in financial modeling (e.g., debt sustainability, restructuring, balance of payments, project finance modeling…);
Conduct in-depth macroeconomic research, economic intelligence and news watch.

Interns joining Lazard’s Sovereign Advisory team are fully onboarded on ongoing mandates and given a significant degree of responsibility, contributing to day-to-day mandate execution.

You’ll need to have

A strong background in macroeconomics and finance;
Excellent analytical and communication skills; and
A genuine demonstrated interest in emerging markets and public sector-related issues.

Prior professional experience in fields relevant to our line of work is highly appreciated.
Proficiency in English and French is a must, and Spanish would be highly valued. A good knowledge of other languages (e.g., Arabic, Chinese etc.) is a plus.
Interns may be asked to travel and must have a valid passport (with more than 6 months of validity).

What we offer

We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.

Does this sound like you?

Apply! Interested applicants should apply by submitting their curriculum vitae and cover letter before the 20 th of September 2026.

Applicants who pass the screening process can expect a written technical test (in Lazard’s offices) and 2 to 3 rounds of physical interviews with the members of the team.

Representation at Lazard

Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions.

Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.