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Morgan Stanley

2025 Firm Risk Management Summer Analyst Program - Quantitative Risk (New York)

New York, NY

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:

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  • 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 Model Risk and Risk Analytics
  • 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
  • Diverse culture and commitment to providing and supporting an inclusive workplace for all employees

OUR RISK STRIPES:
  • Model Risk Management (MRM): MRM is responsible for the Firm's model risk management framework and independently oversees model risk. MRM establishes standards for the identification, development, validation, and use of models.
  • Risk Analytics Department (RA): RA develops models to measure and manage credit, market, and operational risk, providing quantitative analysis of the Firm's risk exposures by developing mathematical and statistical models.

QUALIFICATIONS
  • Graduating between December 2025 and May 2026
    • Masters Degree preferred, open to Bachelors Degrees
    • Minimum cumulative GPA of 3.0
    • 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
  • Familiarity with coding languages

APPLICATION PROCESS & DEADLINE

Students must apply online at www.morganstanley.com/careers by August 9th to be considered.

For Bachelors only Expected base pay rates for the role will be $37.26 hourly at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

For Masters only Expected base pay rates for the role will be $40.86 hourly at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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Job Level

Summer Analyst

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Program

Summer Analyst

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Client-provided location(s): New York, NY, USA
Job ID: Morgan-17103
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • FSA
    • Virtual Fitness Classes
    • HSA
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Leave of Absence
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)