bank resource management: summer analyst

North America
BANK RESOURCE MANAGEMENT:
SUMMER ANALYST
Bank Resource Management (BRM) is a division within the Institutional Securities Group
that is responsible for the centralized management and governance of Morgan Stanley’s
global securities financing and OTC derivatives activities. Working closely with our Equity,
Fixed Income and Corporate Treasury divisions, BRM helps investors and the Firm ﬁnance
and hedge trading activities. BRM’s clients include many of the world’s leading hedge funds,
asset managers, banks and institutional investors. Our trading desks utilize repos and reverse
repos to finance the Firm and clients; lend and borrow securities to help investors execute
their investment strategies; and price and hedge credit risk that arises from OTC Derivative
transactions. BRM’s purview and management strategy has helped position Morgan Stanley as
an industry leader in establishing best-in-class funding and collateral management practices.
placement and duration. The BRM Summer Analyst Program is a 10-week program, beginning with one week
of classroom training followed by nine weeks of rotations across the BRM business. Summer Analysts will rotate
through Equity Securities Lending, Fixed Income Repo Trading and our Counterparty Portfolio Management
(CPM) areas. The Program typically features a senior management speaker series, networking events, community
service, a performance review and a mentorship program. Summer Analysts receive continued on-the-job training
and benefit from working alongside experienced professionals on meaningful projects. In addition to daily
responsibilities on the trading desk, Summer Analysts will be assigned a summer-long project, which is presented
to management at the end of the summer.
training program. Summer Analysts begin with a one-day orientation where they are introduced to the Firm’s
businesses and learn what it is like to be an employee at Morgan Stanley. BRM Summer Analysts then attend Sales
Trading division-specific training, accompanied by an additional BRM-focused training day, teaching them core skills
essential for a successful summer. The curriculum includes daily market updates, business-specific overviews and
basic product and technical training.
responsibilities
• Equity Securities Lending Trading (US and Global Markets): Borrow securities from the world’s largest lending
institutions and assist in lending functions to our hedge fund clients.
• Client Financing Repo Trading: Assist the team in providing liquidity to clients in fixed income products, and
analyzing market rates and economic drivers, such as the Fed’s Reverse Repo facility.
• Secured Funding: Learn how Morgan Stanley uses Repo and Stock Loan products to ﬁnance the Firm.
Understand the Firm’s secured funding framework and governance and assist traders in executing secured
funding trades within this framework.
• B RM Equity and Fixed Income Sales and Marketing: Evaluate client portfolios and perform analysis on
business opportunities.
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• C
ounterparty Portfolio Management: Quote/validate initial margin on new OTC trades and analyze historical
data to ensure risk is adequately covered.
• Strategy: Learn about current BRM and Firm strategic initiatives and help pursue current strategies.
• Business Management: Includes understanding of balance sheet management, risk controls around all of
BRM’s business units, management of capital and client analytics.
qualifications / skills / requirements
• You’re in pursuit of an undergraduate degree.
• You have a compelling interest in and knowledge of the financial markets. Minimum 3.0 GPA.
• You have an advanced knowledge of MS Excel (preferred).
• Candidates are expected to be analytical, quantitative, insightful, adaptive, quick learners, leaders, team
players, multi-taskers, possess strong work ethic, as well as excellent oral and written communication skills.
application process. Students must apply online at www.morganstanley.com/careers. If Morgan Stanley recruits
on your campus you may also be required to apply through your school’s on-campus system.
contacts . For questions, contact [email protected].
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, gender, gender identity or expression, sexual orientation, national origin, citizenship, disability, marital and civil
partnership/union status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy/maternity leave),
protected veteran or military service status, genetic information or any other characteristic protected by law.
© 2014 Morgan Stanley. Member SIPC.
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NY CS 7980696 08/14
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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