Fixed Income Division - Strats & Quant Spring Intern Program null

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management, and investment management services. With offices in 42 countries, the firm's employees serve clients worldwide including corporations, governments, institutions, and individuals. Committed to maintaining the first-class service and high standard of excellence that have always defined the firm and everything it does is guided by its core values.

Your role

The Fixed Income division is comprised of interest rate and currency products, credit products, and distribution. Professionals in the division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets.

The dedicated global team, with demonstrated leadership in risk management, monitors and manages risk through a combination of statistical analytical tools and stress tests. It uses a combined top-down and a bottom-up holistic approach to create the most comprehensive margin policies, taking into account portfolio correlations and shifts as well as incorporating sensitivities to hedges.

Responsibilities

• Build models to calculate prices and risks for different assets using statistical techniques or Monte Carlo simulations.
• Collect data and run analysis with top-notch visualization to help decision-making.
• Apply machine learning techniques to implement automated trading bots.
• Design and implement core calculation libraries used by multiple internal applications.
• Build web applications to monitor market movements or to provide detailed performance reports to the management.

Training & development 

On joining, you will go through a training program that covers business process and systems training, gain hands-on experience and you’ll collaborate with industry leaders and innovators who will guide and support you, as you forge a path to success.

Benefits

The internship will benefit you in the following ways:

• Hands-on experience
• Learning opportunities
• Networking
• Competitive compensation
• Inclusive environment
• Exposure to global projects.

Career progression

On completion, of the internship:

• High-impact projects with peers in New York, London, and Asia, your contributions will be visible.
• Opportunity to gain insight into the fascinating world of banking and finance.
• Dedicated mentoring program and a wide range of technical and soft skill training.
• Potential full-time offer upon graduation.

Work-life balance

Regarding work-life balance, Morgan Stanley adheres to a typical Monday to Friday schedule from 11:30 a.m. to 8:30 p.m. IST, but they provide flexibility for time-sensitive tasks, including Indian public holidays. Employees can enjoy flexible working hours, including the option to work from home. Morgan Stanley maintains a five-day workweek, with an average of 55 working hours.

Culture & vibe  

Morgan Stanley is differentiated by the caliber of its diverse team. The culture of access and inclusion has built its legacy and shaped its future, helping to strengthen the business and bring value to clients. Following a corporate culture in which everyone feels they belong is fundamental to its role as a global leader constantly striving for excellence in all that it does.

About you

The requirements for the role are:

• Ongoing studies (BSc, MSc, or PhD) in Computer Science, Mathematics, Physics, Engineering, Economics, or similar disciplines.
• Hands-on experience in any widespread programming language (Python, C++, JavaScript, etc.).
• Database (KDB) knowledge.
• Knowledge of financial products and markets.
• Affinity towards mathematics, crunching numbers, and visualizing relations between them.
• Eagerness to learn new technologies and the mechanics of the business.
• Strong verbal and written communication skills.

How to apply

To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.

Sources

The following source was used in researching this page:

• Morganstanley.com/people-opportunities/perks-benefits-working-at-morgan-stanley
• Youtube.com
• Ambitionbox.com/reviews/morgan-stanley-reviews.