Non-Financial Risk Summer Analyst Programme

City Glasgow

Bachelor's Degree

Business Unit Legal and Compliance

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 firm’s 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 firm’s 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.

To give the Summer Analyst a sense of what it's like to work in a fast-paced environment like ours, they will be given substantive responsibilities with real impact. Specific responsibilities may include some of the following activities:

• 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 Firm’s compliance environment;
• Analysing operational risk incidents to identify themes and/or patterns;
• Drafting and coordinating regulatory updates and compliance bulletins;
• Reviewing…