Morgan Stanley is seeking interns to join the Fixed Income Division Team for the Summer Internship Program. This is an 8-10 weeks internship program designed as an opportunity to learn more about the important role that the Fixed Income Division plays within the Firm.
In the Fixed Income division, they work in fast-paced and constantly changing global markets to assess and manage risk, trade securities, manage relationships with clients, and structure and execute innovative transactions.
Roles and responsibilities
Perform Initial Margin calculations for all Fixed Income products, as well as Commodities and Repos.
Actively monitor stress loss calculations, investigate material changes, and provide a summary of the same.
Provide adequate risk analysis in response to market events, or response to client-related developments.
Analyze and provide commentaries on the daily risk reports and create monthly/periodic risk summaries.
Historical movement back-testing for key Foreign Exchange and Rates and Credit market instruments.
Comparison of different stress testing scenarios.
Performing sensitivity analysis of key risk drivers for selected clients.
Investigation of risk changes for key clients.
Obtaining credit analytic information for publicly traded funds (e.g. UCITS).
Assist in methodology and research related to stress testing risk models.
Create and implement technical solutions for Business as Usual (BAU) streamlining.
Identifying opportunities for process efficiencies and implementing corresponding solutions within the team (local as well as regional).
About you
What you’ll bring to the role
Engineering graduates / MBA (Finance) from reputed institutes.
Familiarity with valuation of Fixed Income products (Rates, Bonds, Credit, Foreign Exchange, Commodities) will be advantageous.
Advanced knowledge of programming languages (Python, R, etc.).
Experience in building models for trading/risk management would be advantageous.
Proficiency in MS Office and related applications (Excel Pivots/Lookups/Functions,
PowerPoint).
Willing and eager to learn and work with different teams and divisions of the Firm.
Strong motivation - a self-starter with a positive outlook and desire to solve problems.
Strong analytical skills with an ability to understand complex workflows.
Strong verbal and written communication skills with the ability to clearly articulate objectives, requirements, risks, and issues to senior management and other stakeholders.
Ability to identify and escalate issues effectively and appropriately.
Good organizational skills and a high degree of attention to detail.
Education
Bachelor's Degree, Master's Degree
Benefits
The internship will benefit you in the following ways:
Hands-on experience
Learning opportunities
Networking
Competitive compensation
Inclusive environment
Exposure to global projects.
Training & development
On joining, you will go through a training program that covers business process and systems training, gain hands-on experience and you’ll collaborate with industry leaders and innovators who will guide and support you, as you forge a path to success.
Career progression
Morgan Stanley offers a dynamic and multifaceted environment that requires individuals to work closely with colleagues across various functions and the Business Unit in onshore regions. You will get to work with extremely talented peers in a meritocratic team-oriented culture. You will have the opportunity to network with industry people during events, you can build your relationship, and position yourself for career opportunities down the road.
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Sources
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