Sales and Trading

Industrial Placement

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Placement and duration

The Sales & Trading Industrial Placement Internship Program is aimed at undergraduates who are completing a four-year degree with a year out in industry as a requirement for their degree. The one-year internship, which is based in London and begins in June, offers you the opportunity to learn about a variety of product areas, while providing a clear understanding of how Sales & Trading operates as a whole. Following an initial period of training and induction, you will be assigned to a particular team where you will spend the remainder of your placement. Interns are treated as full-time members of the team and work alongside experienced professionals at all levels.

Training program

All new Industrial Placement Interns participate in an orientation programme covering the Firm's businesses, the transition from an academic setting to a corporate environment and the chance to establish a network throughout the Firm globally. Interns then attend divisional training where they learn the core skills required to be successful on the job. The curriculum focuses on the Sales & Trading business and the various products, processes and systems required to be successful in the role. In addition, all Interns learn and network with peers, mentors and managers through group projects and other organised events.

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Responsibilities

Opportunities exist within the following teams:

  • Client Coverage: This team acts as the first point of contact for all our Prime Brokerage hedge fund clients. Apart from overseeing the account activity and mitigating risk, the client coverage team really gets to know their client's business so they can build a long-term relationship and ensure the Firm is well-positioned to capitalise on future growth.
  • Morgan Stanley Electronic Trading (MSET): offers global electronic access and execution across cash equities, options and futures. MSET works with a range of institutional clients offering a broad suite of trading solutions and execution consultancy.
  • Client Consulting Services: Help new funds launch with a range of start-up services and best practices consulting, including finding office space, vendor systems and project management for the fund launch process.
  • Risk Management: Review client portfolio risk reports and contribute to projects reviewing operational best practices, policies and procedures, and regulatory initiatives. The resulting work is communicated to a wide audience internally.
  • Structured Products: Morgan Stanley offers synthetic derivative products to both institutions and hedge funds, allowing them to access markets with ease and simplicity. We also create bespoke structured solutions to meet client demand.
  • Finance: Help to analyse trends in client profitability, including fees charged to clients, costs of internal and external financing, and direct and allocated costs.
  • Bank Resource Management(BRM): At the core of ISG transaction flows across all of our market-facing businesses. BRM includes secured financing, fixed-income client financing (including short-term credit products and bond repo), equity securities lending, counterparty risk management, CCP Strategy, Governance & Optimization and institutional securities documentation.
  • Client Onboarding Team: Working with Morgan Stanley Sales teams and their clients to ensure that all necessary information is obtained for opening new subaccounts for Foreign Exchange (FX) and derivatives trading.
  • Product Development: Focus on commercial goals, responding to regulation, and dealing with market changes.  Ensure that the Prime Brokerage and Clearing businesses remain profitable, compliant, controlled, and relevant to our clients.  

 

*Salary is competitive with excellent benefits.

Qualifications/ Skills/ Requirements

  • You are an undergraduate studying for a degree in which a year in industry is part of your structured course syllabus.
  • You possess strong analytical, problem-solving, communication and interpersonal skills.
  • You are able to communicate clearly and succinctly and thrive under pressure and ever-changing situations.
  • You analyse and interpret complex information quickly and accurately.
  • Study in a financial discipline is not essential, although you should have a strong aptitude for numbers.
  • You actively generate and share new ideas and are committed to achieving your career goals.

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Morgan Stanley London

In 1977, Morgan Stanley opened its European headquarters in London, where it now has over 5,000 staff. Morgan Stanley is one of the preeminent financial services firms in the UK, with longstanding client relationships and a leading role in many landmark transactions. Our professionals value individual intellect as much as teamwork. We offer nimble, innovative services and products tailored to our clients’ needs.

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Application Process & Deadlines

Candidates must apply online at www.morganstanley.com/campus and are encouraged to apply early as we recruit on an ongoing basis.

The deadline to submit applications is Sunday 26 November 2017. Candidates should include their availability for the internship in the application form as roles can arise on an ad hoc basis. Applicants will be required to complete online tests within 48 hours of submitting an application. Please note we may also have some additional Off-cycle positions available throughout the year, depending on business needs.

Learn more about Our Recruitment Process