2023 Investment Management Off-cycle Internship - Risk Management (London)

PLACEMENT AND DURATION

Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has about $1.3 trillion in assets under management or supervision. With 1,248 investment professionals worldwide, and 54 offices in 24 countries, Morgan Stanley Investment Management is able to provide in-depth local knowledge and expertise while channelling the strength of our global presence and resources. To support the delivery of tailored, value-added investment solutions to clients our investment teams are organized by capability: Solutions & Multi-Asset, Real Assets, Active Fundamental Equity, Private Credit & Equity, Global Fixed Income, and Global Liquidity. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

The Off-Cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Management Division by taking on some of the responsibilities and functions of a Full-time Analyst. The Off-Cycle Internship typically lasts twelve months.

The Risk Management Team within Investment Management is responsible for identifying, assessing, managing and monitoring risk across IM and providing reporting and analysis for clients, regulators, IM and Firm Management. Global Risk & Analysis is divided into three primary functions:

• Investment risk groups (Equity, Fixed Income, Alternatives and Cross-Asset) have responsibility for management of investment risk - market, credit and liquidity - across their respective asset classes
• Operational risk identifies, assesses and monitors operational risk across IM and works both with the investment teams and control functions to mitigate that risk
• Quantitative risk develops and validates models used for portfolio construction, valuation, and risk measurement across IM

The internship will commence in June/July 2023 and typically lasts twelve months. This internship will offer you an exciting and a dynamic work environment where you get to work alongside our diverse group of experienced professionals. The work that you do will be interesting and varied.

TRAINING PROGRAM

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects.

RESPONSIBILITIES

Interns will have the opportunity to develop and master the analytical, quantitative, and interpersonal skills they will need to succeed in finance. They will learn to employ the skills fundamental to risk management for an asset management firm, including:

• Researching emerging risks and developing insights into market behaviour.
• Developing quantitative tools and models to help with risk management and portfolio management.
• Assisting in board and regulatory reporting.
• Collaborate with Machine leaning, quant analytics and broader risk functions on projects.

QUALIFICATIONS/ SKILLS/ REQUIREMENTS

• You will have graduated (or be able to take the time off to commit for a full-time internship role for twelve months if you are currently in study)
• You are a high-calibre student, majoring in Financial Engineering, Mathematics, Engineering, Quantitative Finance, Computer Science, or another related quantitative field.
• You are fluent in English, with excellent verbal and written communication skills. An ability to communicate effectively in multiple languages would be an advantage
• You have excellent programming skills in Python or R.
• You have a keen interest in financial markets.
• You are intellectually curious, focused and have excellent quantitative and analytical skills.
• You have a keen research instinct and innovative problem-solving abilities.
• You are committed to excellence in your work and you maintain high professional and ethical standards.