Non-Financial Risk Summer Analyst Programme

Job description

Morgan Stanley Overview:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. 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.

The professionals in the Legal and Compliance Division LCD provide a wide range of services to our business units. LCD is made up of the Legal, Regulatory Relations, and Non-Financial Risk departments which preserve the firms invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that are designed to meet regulatory requirements around the world. We also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firms businesses.

The second- line Non-Financial Risk NFR organization includes the Compliance, Global Financial Crimes, and Operational Risk departments and provides a single, comprehensive, and consistent second-line view of these non-financial risks. Non-Financial Risk encompasses risks which are not financial in nature, and could have a potential economic, reputational, regulatory, financial reporting, or client impact from (i) failed or inadequate processes, data, or controls;

ii) infrastructure or environmental factors; or iii) intentional or inadvertent actions of employees or external parties. The second-line NFR organization partners with the first-line business units to advise, train, manage, report, identify, analyze, and elevate non-financial risks.

The Glasgow Non-Financial Risk Summer Analyst Programme is a 13-week programme commencing in June, targeted at university students in their penultimate year. The curriculum includes an orientation of the Firm, senior management speaker seminars, social and networking events to build Summer Analysts' professional networks. Following completion of the Summer Analyst programme, successful analysts may be offered full time positions in the Glasgow Non-Financial Risk Full-Time Analyst Programme the following year.

The Program begins with a Firmwide induction with peers from other divisions. This is followed by two days of classroom-based training covering products and industry knowledge, personal effectiveness, technical training and team-building activities. Summer Analysts also receive considerable on-the-job training, a series of Lunch & Learns, networking events, webinars and work-shadowing opportunities.

• Analysis of regulations, rules and related Non-Financial Risk industry and regulatory developments
• Assist with responding to Non-Financial Risk business and regulatory inquiries
• Conducting monitoring of transactions, employee activities and communications
• Participating in risk assessments and analysis of the Firms compliance environment
• Analysing operational risk incidents to identify themes and/or patterns
• Drafting and coordinating regulatory updates and compliance bulletins
• Reviewing and responding to Anti-Money Laundering, Sanctions or Anti-Bribery, and Anti-Corruption related business enquiries
• Assessing the Financial Crime risks associated with potential and existing clients as well as the business activities of the Firm
• Providing input to Financial Crimes investigations
• Analyse, research and present on a Non-Financial Risk Summer Analyst group project

You are an undergraduate student who has outstanding academic achievements, and are on track for a 2.1 honours degree or equivalent. You are interested in building a career in risk management, compliance or financial crimes. You have excellent leadership, inter-personal, and strong verbal and written communications skills. You pay close attention to detail, have analytical and problem-solving skills, and are able to understand and evaluate complex information quickly.

You have strong project management skills. You are a team player and are client-service oriented.

At Morgan Stanley, we…