About The Position

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career a place for people to learn, achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. 2027 Firm Risk Management Summer Analyst Program - Risk Management (New York) Have you ever wondered how banks manage the many evolving risks they face? At Morgan Stanley, our Firm Risk Management Division identifies, measures, monitors, and controls risks. Some of those risks include, but are not limited to, regulatory risk and the risk of financial loss to the Firm and our clients. Through independent assessment of the effectiveness and consistency of risk management processes, we mitigate potential harm to the Firm and our clients. Our risk departments, called “Risk Stripes,” seek to uphold and improve different components of our risk framework. We cater the program to each individual and place them in a specific Risk Stripe most well-suited to their abilities and interests. OUR PROGRAM OFFERS: A 10-week Summer Analyst Program beginning in June A comprehensive hands-on introduction to Financial Services and Risk Management In-depth exposure to a specific Risk Stripe such as Credit Risk, Liquidity Risk, Market Risk, Risk COO, and Wealth Management Risk. Opportunities to take on meaningful and challenging projects to assess risks and communicate findings Formal training covering product and industry knowledge, soft skills, and teambuilding activities as well as informal training like on-the-job learning and weekly educational forums with Senior Management in the division Each Summer Analyst will be matched up with a peer buddy and a senior leader mentor Commitment to providing and supporting an inclusive workplace for all employees OUR RISK STRIPES: Credit Risk Management (CRM): CRM is responsible for mitigating the risk of loss arising from an obligor’s inability to meet its financial obligations to the Firm. CRM independently assesses the creditworthiness of the Firm’s counterparties and borrowers, assigns internal credit ratings, and monitors and evaluates credit risk exposure on an ongoing basis. Liquidity Risk Department (LRD): LRD provides independent monitoring and oversight of liquidity risk arising from unexpected changes in the Firm’s funding needs or an inability to raise funds to meet its financial obligations in a timely manner. LRD ensures that the size and composition of the Firm’s liquidity resources are adequate in the amount and quality. Market Risk Department (MRD): MRD oversees the market risk arising from the Firm’s trading and nontrading business activities, primarily through the Firm’s Institutional Securities business. This includes identifying and defining market risks, establishing limits, and distributing comprehensive reports. Risk COO: Risk COO comprises several global teams that partner across risk areas to deliver strategic driven initiatives. US Banks, Wealth Management and Investment Management (US Banks, WM & IM): US Banks, WM & IM partners across risk to establish risk frameworks, deliver strategic initiatives, and manage and mitigate a variety of risks across the US Banks, Wealth Management and the Firm’s extensive investment offerings in Public and Private Markets.

Requirements

  • Minimum cumulative GPA of 3.0
  • Graduating with a Bachelor’s degree between December 2027 and May 2028; open to all majors
  • Strong interest in risk management, financial products, markets, and regulation
  • Team player with a positive attitude and strong work ethic
  • Ability to adapt in a fast-paced environment
  • Strong communication skills (written and verbal)
  • Highly organized and detail-oriented
  • Proficient in MS Office (Excel, Word, PowerPoint, Outlook); advanced skills a plus
  • Applicants must be legally authorized to work in the United States and should not require, now or in the future, sponsorship for employment visa status.

Nice To Haves

  • Working knowledge of Generative AI tools a plus

Responsibilities

  • Opportunities to take on meaningful and challenging projects to assess risks and communicate findings
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