At a Glance
- Tasks: Gain hands-on experience in internal audit and risk management through diverse projects.
- Company: Join Morgan Stanley, a global leader in financial services with a commitment to innovation.
- Benefits: Enjoy competitive pay, mentorship, networking, and potential full-time offers post-internship.
- Other info: Dynamic internship with opportunities for growth and community engagement.
- Why this job: Make an impact while learning from industry leaders in a supportive environment.
- Qualifications: Penultimate-year students with strong academic records and excellent communication skills.
The predicted salary is between 54000 - 66000 £ per year.
In the Internal Audit division, we provide senior management an objective and independent assessment of the Firm’s internal control environment for risk management and governance.
Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
Placement and Duration
Summer Analysts join the Morgan Stanley Internal Audit Department in June for a comprehensive 10-week internship and development program that provides participants with exposure to various functions across Internal Audit and coverage areas within the Firm (e.g., compliance, equities). Individuals who successfully complete the programme may be considered for full-time employment following Graduation.
Training Programme
The Summer Program includes training on internal audit fundamentals and Morgan Stanley's audit methodology, engagement with senior leadership, cross-divisional networking opportunities, peer mentorship, community service opportunities, and a group project in which Summer Analysts present what they have learned through the programme to a broader audience.
Roles and Responsibilities
• Develop a working knowledge of business principles and basic auditing standards
• Participate in a range of assurance activities (e.g., audits and issue closure verification) to gain a working understanding of the business units under review (e.g., policies and procedures, roles and responsibilities, systems, processes, risks, and controls)
• Assist in documenting narratives
• Evaluate the adequacy and effectiveness of controls by executing tests and communicating results to management
• Be open to new experiences, coaching, and learning
• Build relationships across the business
• Support team or departmental initiatives to nurture diversity, equity, and inclusion
Responsibilities may vary according to your coverage area
Qualifications/Skills/Requirements:
• You are a penultimate-year undergraduate student with outstanding academic achievements and are on track for a 2.1 honours degree or equivalent
• You are a team player and excellent communicator
• You have advanced technical, quantitative and project management skills
• You are able to multi-task with close attention to detail
• You are client-service oriented
We recruit on an on-going basis so early application is encouraged.
What you can expect from Morgan Stanley
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please visit https://www.morganstanley.com/about-us/global-offices
2027 Internal Audit Summer Analyst Programme (London) 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 Internal Audit Summer Analyst Programme (London)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Morgan Stanley. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace 2027 Internal Audit Summer Analyst Programme (London)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Morgan Stanley.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Morgan Stanley's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Morgan Stanley
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Morgan Stanley.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Morgan Stanley will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Morgan Stanley employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
