2024 Bank Resource Management Summer Analyst Program (New York)

The Bank Resource Management (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 our Resource Management teams, Margin & Capital Optimization teams, and Funding & Collateral Optimization teams. The Program features 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 sales and trading desks, Summer Analysts will be assigned a summer-long project, which is presented to management at the end of the summer.

Bank Resource Management (BRM) is a federal function within the Institutional Securities Group (ISG) responsible for secured funding, liquidity, collateral management, margin optimization, CCP relationship management and managing capital / balance sheet across ISG. This is accomplished through the sourcing, pricing, optimization and distribution of resources across Morgan Stanley’s businesses, within Firm-established targets and limits while supporting the Firm’s strategic efforts to optimize resources allocation and maximize returns

Resource Management teams: Centralize management of Capital, Balance Sheet, and Funding utilization across ISG

Margin and Capital Optimization: Quote/validate initial margin on new OTC trades and analyze historical data to ensure risk is adequately covered; understand capital impacts on trades to seek for opportunities to optimize

Funding and Collateral Optimization: Learn how Morgan Stanley uses Repo, Total Return Swaps, and Stock Loan products to finance the Firm. Understand the Firm's secured funding framework include impacts to liquidity and capital requirements and assist traders in executing secured funding trades within this framework. Learn how Morgan Stanley determines which collateral to post various margin requirements while minimizing cost and pursuing revenue opportunities

Qualifications/Skills/Requirements

You are pursuing an undergraduate Bachelor’s degree with a graduation date of December 2024 or Spring 2025.

Minimum 3.50 GPA.

You have basic knowledge and a keen interest in finance.

You are analytical, adaptive, collaborative, a leader, and a multi-tasker.

You possess strong oral and written communication skills.