Institutional Equity Division - Counterparty Risk Spring/Fall Intern Program null

About Morgan Stanley

Since its founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, and wealth management services.

Your role

As an intern, your roles and responsibilities include:

• Risk Analysis using Stress Testing, VaR, Backtesting, and other measures.
• Uploading and Analyzing sample prospective portfolios, comprising several financial product types in Equities, Convertible Bonds, Corporate Bonds, Swaps (IRS/CDS), Options, and Futures in Commodities/Index/Interest Rates/Currencies.
• This may involve searching for relevant tickers/identifiers for such products, using Bloomberg and other internal sources/databases.
• Analyzing live client portfolios, highlighting risk issues/concerns, and recommending margin policy changes.
• Conducting Risk analysis for the various funds looking at factors like Liquidity, Concentration, etc.
• Senior Management Risk Reporting and Trend Analysis for the various businesses.
• Risk analysis based on Strategy or Country Sector or other market-based events as needed.
• Streamlining/Automation/Tool Building for Internal Risk Management.
• Liaising with the relevant regional stakeholders (Risk, Margin, Credit, IT, etc.) in terms of periodic risk deliverables.
• Participate in global risk projects out of Mumbai in terms of requirements gathering, testing, and validation.

Training & development 

The internship is a 6-month program designed as an opportunity to learn more about the important role that the Institutional Equity Division plays within Morgan Stanley. Interns will commit themselves to assigned projects, allowing them to gain a strong understanding of the business and the team's essential contribution to its operations.

Benefits

They provide the following benefits

• Health Care & Insurance
• Life Insurance
• Vacation & Paid Time Off
• Maternity and paternity Leave
• Work From Home options 
• Student loan refinancing for you, your family, and your friends
• Cash management, securities-based loans, and home financing solutions with options for each stage of your life.

Career progression

The structured internship is crafted to provide an understanding of Counterparty Risk in the Institutional Equity Division, along with the chance to acquire and excel in the analytical, quantitative, and interpersonal skills required to build an exciting and fulfilling career. 

Work-life balance

Regarding work-life balance, Morgan Stanley adheres to a typical Monday to Friday schedule from 11:30 a.m. to 8:30 p.m. IST, but they provide flexibility for time-sensitive tasks, including Indian public holidays. Employees can enjoy flexible working hours, including the option to work from home. Morgan Stanley maintains a five-day workweek, with an average of 55 working hours.

Culture & vibe  

At Morgan Stanley, you'll find a vibrant and multifaceted atmosphere where individuals collaborate closely with colleagues from diverse functions and the Business Unit in onshore regions. Analysts at Morgan Stanley often highlight the satisfaction of working alongside intelligent and motivated peers and the constant professional challenges as some of the most rewarding aspects of their tenure.

About you

Education, skills, and qualities required:

• Engineering graduate OR Chartered Accountant from reputed institutes.
• MBA or Masters in Finance OR FRM/CFA (at least Level 1 completed).
• Good Understanding of Financial Products (Equities, Options, Futures, Bonds, Commodities, Rates, Credit).
• Familiarity with Risk concepts.
• Good Analytical skills and a hands-on approach to solving analytical problems.
• Excellent oral and written communication skills.
• Exceptional organizational skills and a high degree of attention to detail.
• Ability to work independently and efficiently in a complex, fast-paced environment.

Desired Skills (optional)

• Background in Risk / Research / Financial Services.
• Basic Knowledge of Programming and writing Database queries (SQL / Excel VBA / VB / Python / R / Matlab).
• An understanding of and strong focus on the mechanics of a Risk/Control environment, including escalation.
• Enthusiasm to volunteer for planning, organizing, and participating in events held by the department and firm.

How to apply

To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.

Sources

The following source was used in researching this page:

• Morganstanley.com/people-opportunities/perks-benefits-working-at-morgan-stanley
• youtube.com