City
Frankfurt
Education Level
Bachelor's Degree
Business Unit
Firm Risk Management
Job description
The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base, liquidity and franchise.
Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
Placement and Duration
This Internship is an opportunity to experience the culture and atmosphere in the Firm Risk Management Division by taking on some of the responsibilities and functions of a Full-time Risk Quant Analyst for a short period. The internship typically lasts six to twelve months but can vary in length depending on business needs and candidate availability. This can be on a full-time or part-time basis.
Training program
You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. This role crosses over multiple areas of Risk giving you exposure to teams not limited to Risk Analytics, Credit Risk, Market Risk, Stress Testing and Model Risk Management.
Roles and Responsibilities
Work closely with the Risk Analytics team to help to:
- Develop and enhance advanced market risk and credit risk capital models and risk management tools
- Perform model performance monitoring and model validation
- Perform quantitative analysis on quarter-on-quarter changes of model outputs
- Prepare departmental presentations, including e.g. presentations to Committees or regulators
- You have outstanding analytical skills
- You have a solid academic background in Quantitative Finance or another quantitative field and fluency in English. Knowledge of German is beneficial but not essential
- You have good communication skills, both verbal and written
- You are a strong team player; have an ability to collaborate with colleagues across the Risk department and the broader organization
- You are a self-starter with the ability to work independently
- You are driven, highly motivated and results-focused
- You are detail oriented, have strong organizational skills with the ability to work efficiently within tight time restraints
- You have sound coding skills in at least one of the following languages: Python (preferred), R, Matlab, VBA
What you can expect from Morgan Stanley
We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren't just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fuelled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you'll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/aboutus/
global-offices into your browser
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: .
Job Level
Intern
Program
Off-Cycle Internship