At a Glance
- Tasks: Join our team to manage client accounts and support daily operations.
- Company: Morgan Stanley, a leading global financial services firm.
- Benefits: Competitive salary, excellent benefits, and a dynamic work environment.
- Other info: 12-month internship with training, networking events, and great career growth opportunities.
- Why this job: Gain hands-on experience in finance while developing essential skills for your career.
- Qualifications: Minimum 2.2 honours degree, strong interpersonal skills, and ability to work under pressure.
The predicted salary is between 27000 - 33000 £ per year.
The Operations Division at Morgan Stanley is the front line of defence for the Firm's financial and operational well-being, and works closely with almost all departments in order to safeguard the Firm's reputation and franchise. Operations partners with Sales & Trading, Finance, Legal, and Technology to execute the Firm's institutional, retail, and asset management businesses - via supporting and settling daily transactions, devising and implementing effective controls, developing strong client relationships, and engaging with its business partners to enable development of new structures, businesses, and markets.
Training Programme
Off Cycle Analysts start their Internship Programme with participation in an Induction Day covering the overview of Morgan Stanley’s businesses, structure, and strategy. Throughout the internship there will be training covering product and industry knowledge, soft skills, and teambuilding activities. Throughout the Internship programme, in addition to on-the-job training, Off Cycle Analysts will also take part in networking events and training sessions hosted by different teams.
*Please note that this is a 12 Month Internship Programme.
Responsibilities
•Client new account on boarding: Ensure that any new accounts to be covered are correctly set up in our internal system
•Counterparty relationship management: Ensure that incoming phone calls are always answered
•Business Unit assistance: follow and responds to BU and Internal group documentation requests
•Project management: Follow up with any enhancement calls and projects that impact our team
•Paper trades: Ensure that any new events (new trades, full unwind, partial unwind, exercise of option, assignations) are affirmed with client on a timely manner
•Electronic Trades: Ensure that any DTCC or MW pending trades (new trades, unwinds, assignations and DKd trades) are investigated and confirmed by client on a timely
•Discrepancies reconciliation: Ensure that all economic details discrepancies detected are investigated and reconciliated in a timely manner. Liaise with BU (Sales & Trading Desk) and Internal parties to resolve any disputes.
•Chasing of unexecuted confirmations: Ensure that client returned us signed MS confirmation without any mark up on a timely manner in order to meet the FED/EMIR targets deadline
•Broker confirmations matching/verification: Ensure that brokers/clients confirmation are verified and cross checked versus MS risk systems and confirmation before execution
•Perform daily preaffirmation of cashflows
•Monitor settlement transactions and special settlement arrangements
•Maintain clients contact details data base updated
•Daily escalation of High Risk and Ages items
•Provide End of day affirmation
* Salary is competitive with excellent benefits
Qualifications / Skills / Requirements
•You have a minimum 2.2 honours degree or equivalent.
•Strong interpersonal and organizational skills.
•Ability to work in a team environment.
•Ability to meet deadlines and work under pressure.
•Exceptional excel/database/desktop skills
•Superior problem solving and analytical skills as well as the ability to multi-task
•Flexible and able to adapt to change
•Able to work independently with minimal supervision.
2027 Operations Off-Cycle Analyst Programme (Glasgow) employer: Morgan Stanley
Morgan Stanley is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration within the fast-paced environment of Greater London. Employees benefit from extensive professional development opportunities, competitive compensation, and a commitment to diversity and inclusion, making it a rewarding place for those looking to advance their careers in financial technology.
StudySmarter Expert Advice🤫
We think this is how you could land 2027 Operations Off-Cycle Analyst Programme (Glasgow)
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like Morgan Stanley and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at Morgan Stanley!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at Morgan Stanley. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from Morgan Stanley and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace 2027 Operations Off-Cycle Analyst Programme (Glasgow)
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Morgan Stanley and what you hope to learn. Be personal and connect the dots between your education and the role of 2027 Operations Off-Cycle Analyst Programme (Glasgow).
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at Morgan Stanley
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
