Your Opportunity as a Summer Analyst in Private Wealth Management (PWM)

The Summer Analyst Programme, held in London, is a unique and rewarding experience. It gives you the opportunity to gain practical experience by working in PWM in one of our three main areas:

• Sales Team Primary responsibility for introducing high-net-worth individuals and managing client relationships
• Investment Group A complementary structure of asset managers and investment specialists who provide highly customised separate portfolio management solutions for clients
• Solutions Group Provides solutions and advice, as required, to meet our clients’ specific investment requirements in the capital markets, alternative assets and tax and structural planning

The Summer Analyst Programme in Private Wealth Management
How the programme works and the day-to-day experience you can expect

Summer Analysts take part in a 10-week programme based in London. This will include project work in at least two areas, for example, you could be placed in the European Sales Team and the Investment Group (IG). Summer Analysts will be offered the opportunity to interact closely with a range of Morgan Stanley professionals at all levels, in both work and social environments. Summer Analysts will typically be assigned a mentor who can help support their integration into the division.

Summer Analysts who have consistently performed at the highest level may receive an offer of a role as an Analyst, to commence the following year.

Roles and responsibilities vary by area. However, you could expect to be involved in the following areas:

Sales Team

• Developing an understanding of the Morgan Stanley product range and its technology
• Developing an awareness of the investment process
• Understanding and assisting with the administrative and support functions on the team
• Creating and preparing marketing materials for presentations
• Remaining abreast of market conditions and being able to provide information to team members

Research

• Understanding the prospecting strategy and its implementation
• Contributing to sales marketing and new-product development initiatives

Investment Group (IG)

• Quantitative portfolio analysis, monitoring and enhancement of existing spreadsheet and software models, performance attribution, portfolio composition, and risk/reward trade-offs within client portfolios
• Monitoring and maintaining a universe of third-party managers, identifying potential new managers for the programme, and delivering appropriate funds to fulfill ad hoc asset allocation requirements
• Completing specific theme or project-based assignments to assist the IG in exploring particular investment themes
• Business development including communication, cooperation, and support of PWM Investment Advisors, who are responsible for fostering, maintaining, and prospecting client relationships
• Providing support to Portfolio Managers
• Operational responsibilities

Solutions Group (SG)

• Completion of specific theme or project-based assignments to assist the SG in exploring particular products or in completing other tasks related to the success of the business
• Development of new, and monitoring/enhancement of existing, spreadsheet and software models that provide the quantitative analysis of both client-specific and generic solutions
• Preparation and maintenance of presentations and report materials to facilitate effective communication of fund performance and strategy between Investment Advisors and their clients

Is Private Wealth Management Right for You?
A checklist to help you decide if you have the skills and temperament for this area

• You have outstanding analytical and research skills.
• You are a self-starter and a committed team player.
• You have the mindset and skill set of an entrepreneur, demonstrating inventiveness and initiative.
• You are adept at communicating complex financial concepts in a simple, straightforward way.
• You are able to build relationships and communicate effectively to clients and colleagues.
• You are confident and self-aware.
• You have leadership skills and are able to delegate effectively.
• You have a strong client focus.
• You share the firm’s commitment to the strictest ethical and professional standards.

Requirements

We accept penultimate-year undergraduate students with outstanding academic achievements. We welcome applicants from all degree disciplines especially those with a keen interest in the financial markets. You can communicate effectively in English along with another language.

Selection Process

Selected applicants will be invited to attend an assessment day, which will include a group exercise, a presentation exercise, verbal and numerical reasoning tests, and interviews with experienced professionals from the business.

How to Apply
Applications can be submitted from early September 2008 and will be reviewed as they are received so we encourage candidates to apply early.

To submit your application, please apply online via our website.

Deadlines
The deadline for the Summer Analyst Programme is December 31, 2008.

Please note that the application deadline for universities in the Nordic Region is Monday 29 September 2008.