Love Finance? Morgan Stanley is for you!
And they're interviewing on campus!
Operations is the front line of defense for Morgan Stanley’s financial well-being. One of the largest divisions in the firm, Operations has diverse responsibilities including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with the latest
advancements in technology to realize the full potential of IT and e-solutions. Throughout, we continually seek ways to improve while actively supporting the development of new businesses, structures and markets.
Placement and Duration.
The Operations Summer Analyst and Co-op programs are paid, full-time internships designed to educate participants about the Operations team and the firm as a whole, and to serve as a pipeline to our Full-Time Analyst program. Summer Analysts are part of an 11-week program from June to August. Co-ops are part of a four-month program from January to June, or August to December. Both Summer Analysts and Co-ops are placed with a specific group best aligned to their skills and interests.
Training Program.
Summer Analysts and Co-ops will participate in an induction day, which provides an overview of the firm. Both Summer Analysts and Co-ops work closely with colleagues to process complex transactions, solve operational problems, respond to business issues and client needs, assist in risk management, conduct revenue analysis and participate in firm reengineering projects. Throughout the program, Summer Analysts and Co-ops will participate in networking/social events, community service events, senior management speaker series, professional skills training, team projects and mentor networking events.
Responsibilities
• Trade capture, enrichment and confirmation, position reconciliation: to learn key processes in the life cycle of a trade from deal capture to the final settlement, and then identify and resolve trading breaks from discrepancies dealing with security information, trading date and settlement date, executed quantity, taxes, commission, prices and settlement locations.
• Data mining, business analysis, modeling/reporting and documentation: be responsible for the preparation and compilation of daily/weekly/monthly metric dashboards, to ensure that thorough business analysis is performed and that accurate business requirements are documented in accordance with banking regulation and internal policy.
• System testing: use systems effectively and efficiently to mitigate risk, and develop strong relationships with IT colleagues to design, develop and test/implement technology platforms to deliver solutions to business requirements.
• Teamwork: collaborate with team members of all levels to complete daily tasks, share market and systems knowledge; develop best practice methodologies and approaches for business analysis; issue follow up and escalation.
• Developing relationships with clients (i.e., Counterparties, Traders, Origination, Legal, Credit, IT and Controllers): understanding the priorities of stakeholders to ensure that business needs are met, protecting client confidentiality will be essential, as well as addressing ad-hoc requests in a timely fashion.
Qualifications/Skills/Requirements
• You are a rising undergraduate junior or sophomore pursuing your Bachelors Degree; all majors (disciplines) are encouraged to apply.
• You have a minimum cumulative 3.0 GPA.
• You have excellent leadership, interpersonal and communication skills.
• Your attention to detail is strong, as are your analytical and problem solving skills.
Interview Process.
Candidates selected from resume review will be invited to a first-round interview to assess their interest in Operations and their communication skills. First-round interviews generally take place on campus or by phone. Successful candidates will be invited to our final round of interviews (Assessment Center) with two competency-based interviews, a group activity and interaction with Operations employees throughout the day. Final round interviews take place either on campus or at Morgan Stanley offices. Candidates who pass the final interview Center will receive an offer within two weeks of the interview.
IF INTERESTED, APPLY TODAY
All interested students must apply online at www.morganstanley.com/careers AS WELL AS through UMBCworks (search position #9248793)
IF YOU DO NOT HAVE AN APPROVED RESUME ON UMBCworks, be sure to add it and meet with a member of the Shriver Center team to get stated on your intern search. Call for an appointment at 410-455-2493.
Directions on how to add your resume to UMBCworks, can be found at:
http://shrivercenter.umbc.edu/students/internco-opresearch/how-do-i-get-started/
If you have questions, please email msanalystrecruiting@morganstanley.com.
advancements in technology to realize the full potential of IT and e-solutions. Throughout, we continually seek ways to improve while actively supporting the development of new businesses, structures and markets.
Placement and Duration.
The Operations Summer Analyst and Co-op programs are paid, full-time internships designed to educate participants about the Operations team and the firm as a whole, and to serve as a pipeline to our Full-Time Analyst program. Summer Analysts are part of an 11-week program from June to August. Co-ops are part of a four-month program from January to June, or August to December. Both Summer Analysts and Co-ops are placed with a specific group best aligned to their skills and interests.
Training Program.
Summer Analysts and Co-ops will participate in an induction day, which provides an overview of the firm. Both Summer Analysts and Co-ops work closely with colleagues to process complex transactions, solve operational problems, respond to business issues and client needs, assist in risk management, conduct revenue analysis and participate in firm reengineering projects. Throughout the program, Summer Analysts and Co-ops will participate in networking/social events, community service events, senior management speaker series, professional skills training, team projects and mentor networking events.
Responsibilities
• Trade capture, enrichment and confirmation, position reconciliation: to learn key processes in the life cycle of a trade from deal capture to the final settlement, and then identify and resolve trading breaks from discrepancies dealing with security information, trading date and settlement date, executed quantity, taxes, commission, prices and settlement locations.
• Data mining, business analysis, modeling/reporting and documentation: be responsible for the preparation and compilation of daily/weekly/monthly metric dashboards, to ensure that thorough business analysis is performed and that accurate business requirements are documented in accordance with banking regulation and internal policy.
• System testing: use systems effectively and efficiently to mitigate risk, and develop strong relationships with IT colleagues to design, develop and test/implement technology platforms to deliver solutions to business requirements.
• Teamwork: collaborate with team members of all levels to complete daily tasks, share market and systems knowledge; develop best practice methodologies and approaches for business analysis; issue follow up and escalation.
• Developing relationships with clients (i.e., Counterparties, Traders, Origination, Legal, Credit, IT and Controllers): understanding the priorities of stakeholders to ensure that business needs are met, protecting client confidentiality will be essential, as well as addressing ad-hoc requests in a timely fashion.
Qualifications/Skills/Requirements
• You are a rising undergraduate junior or sophomore pursuing your Bachelors Degree; all majors (disciplines) are encouraged to apply.
• You have a minimum cumulative 3.0 GPA.
• You have excellent leadership, interpersonal and communication skills.
• Your attention to detail is strong, as are your analytical and problem solving skills.
Interview Process.
Candidates selected from resume review will be invited to a first-round interview to assess their interest in Operations and their communication skills. First-round interviews generally take place on campus or by phone. Successful candidates will be invited to our final round of interviews (Assessment Center) with two competency-based interviews, a group activity and interaction with Operations employees throughout the day. Final round interviews take place either on campus or at Morgan Stanley offices. Candidates who pass the final interview Center will receive an offer within two weeks of the interview.
IF INTERESTED, APPLY TODAY
All interested students must apply online at www.morganstanley.com/careers AS WELL AS through UMBCworks (search position #9248793)
IF YOU DO NOT HAVE AN APPROVED RESUME ON UMBCworks, be sure to add it and meet with a member of the Shriver Center team to get stated on your intern search. Call for an appointment at 410-455-2493.
Directions on how to add your resume to UMBCworks, can be found at:
http://shrivercenter.umbc.edu/students/internco-opresearch/how-do-i-get-started/
If you have questions, please email msanalystrecruiting@morganstanley.com.
Posted: January 17, 2012, 8:48 AM