Morgan Stanley
Firm Risk Management

Full Time Analyst

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Placement and duration

• Intensive, hands-on experience that provides recent graduates with a strong foundation in core risk management processes and the opportunity to grow and develop

• Guidance under more experienced colleagues allowing Analysts to be given rapidly increasing levels of responsibility and the opportunity to make an impact 

• Placement in a specific risk stripe such as Credit Risk, Liquidity Risk, Market Risk, Wealth Management Risk, Risk COO, Model Risk Management, or Risk Analytics  

• One week orientation providing an overview of Morgan Stanley’s businesses, structure and strategy

• Classroom training covering product and industry knowledge, soft skills and teambuilding activities

• Risk Management professionals focused on mentoring and training Analysts to ensure a meaningful career and individualized development 

• In addition to formal training, Full Time Analysts receive on-the-job training, a peer buddy and networking opportunities throughout the year


• Risk Monitoring: Assist in day-to-day risk management of our credit, liquidity, market or wealth management risk exposures by providing independent quantitative analysis of business activities and establishing processes and tools to monitor these risks. Use Excel and, depending on team, statistical tools to aggregate and analyze data to understand exposures before communicating recommended actions

• Reporting: Develop innovative quantitative and qualitative reports on risk exposures and metrics to support leadership decisions using PowerPoint, VBA, SQL, R and other tools

• Regulatory Programs: Partner with teams within Firm Risk Management and across the Firm to drive key regulatory initiatives including rule implementation, regulatory exam and relationship management, issue remediation and governance enhancements

• Risk Project Management and Governance: Contribute to key projects to establish and maintain strong risk processes and infrastructure and support appropriate risk governance, using project management best practices

• Model Development: Research, develop, enhance and document risk models, methodologies and tools for regulatory and risk management purposes 

• Model Validation: Provide independent review and validation of Firm models, for example equity derivative pricing and risk capital models, using tools such as Python, C++, VBA, R, MATLAB and SQL

Qualifications/ Skills/ Requirements

• Intellectually curious about risk management, financial products, markets and regulation

• Outstanding communication skills; able to present complex issues verbally and in writing 

• Prior experience and interest in working with numerical data, such as analyzing financial statements or business impacts and summarizing results

• Familiarity with Microsoft Excel, PowerPoint and Word; advanced skills a plus

• Strong analytical thinker who can break problems down into easily understandable pieces

• Flexible and collaborative in approach to solving problems

• Minimum cumulative GPA of 3.0

• In final year of study toward a degree

Requirements for Model Development/Model Validation

• Strong technical skills in Python, C++, VBA, R, MATLAB and/or SQL 

• Understanding of complex financial products (derivatives, options, swaps, etc.), financial markets and key regulations

• In penultimate year of study toward a degree; Master's or Doctoral students in a quantitative field (Financial Engineering, Statistics, Physics, Mathematics, Engineering, etc.) are strongly preferred


Morgan Stanley New York

Founded in New York City in 1935, Morgan Stanley has evolved into one of the world's foremost financial institutions, with more than 55,000 employees in 43 countries. Our New York headquarters offers the finest in financial thinking, products and execution to individual investors, companies, institutions and government agencies. We offer our clients the personalized attention and service of a boutique, the intelligence and creativity of the brightest professionals in the industry and the global resources of Morgan Stanley.

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Application Process & Deadlines

Students must apply online at If Morgan Stanley recruits on your campus, you may also be required to apply through your school’s on-campus system.

Learn more about Our Recruitment Process