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Internship

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

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Morgan Stanley

20d ago

🚀 Summer Internship

New York

AI generated summary

  • You need a GPA of 3.0+, interest in risk management/finance, strong communication/organizational skills, adaptability, and coding proficiency.
  • You will manage and validate models to assess and mitigate risks for a global financial firm in New York through quantitative analysis and statistical modeling.

Summer Internship

Accounting & TaxNew York

Description

  • 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.  

Requirements

  • 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

Education requirements

Currently Studying

Area of Responsibilities

Accounting & Tax

Responsibilities

  • 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.

Details

Work type

Full time

Work mode

office

Application deadline

Aug 9, 2024

Location

New York