We're seeking interns to join our Fixed Income Division Team for the Summer Internship Program. This is 8-10 weeks internship program designed as an opportunity to learn more about the important role that Fixed Income Division plays within the Firm.
In the Fixed Income division, we work in fast-paced and constantly changing global markets to assess and manage risk, trade securities, manage relationships with clients, and structure and execute innovative transactions.
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.
At Morgan Stanley India, we support the Firm's global businesses, with critical presence across Institutional Securities, Wealth Management and Investment management, as well as in the Firm's infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there's ample opportunity to move across the businesses.
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Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on
What you'll do in the role:
• Perform Initial Margin calculations for all Fixed Income products, as well as Commodities and Repos.
• Actively monitor stress loss calculations, investigate material changes, provide summary of the same.
• Provide adequate risk analysis in response to market events, or in response to client related developments.
• Analyze and provide commentaries on the daily risk reports and create monthly/periodic risk summaries.
• Historical movement back-testing for key Foreign Exchange and Rates and Credit market instruments.
• Comparison of different stress testing scenarios.
• Performing sensitivity analysis of key risk drivers for selected clients.
• Investigation of risk changes for key clients.
• Obtaining credit analytic information for publicly traded funds (e.g. UCITS).
• Assist in methodology and research related to stress testing risk models.
• Create and implement technical solutions for Business as Usual (BAU) streamlining.
• Identifying opportunities for process efficiencies and implementing corresponding solutions within the team (local as well as regional).
What you'll bring to the role:
• Engineering graduates / MBA (Finance) from reputed institutes.
• Familiarity with valuation of Fixed Income products (Rates, Bonds, Credit, Foreign Exchange, Commodities) will be advantageous.
• Advanced knowledge of programming languages (Python, R, etc.).
• Experience of building models for trading/risk management would be advantageous.
• Proficiency in MS Office and related applications (Excel Pivots/Lookups/Functions, PowerPoint).
• Willing and eager to learn and work with different teams and divisions of the Firm.
• Strong motivation - a self-starter with a positive outlook and desire to solve problems.
• Strong analytical skills with an ability to understand complex workflows.
• Strong verbal and written communication skills with ability to clearly articulate objectives, requirements, risks and issues to senior management and other stakeholders.
• Ability to identify and escalate issues effectively and appropriately.
• Good organizational skills and high degree of attention to detail.
What you can expect from Morgan Stanley:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.
Job Level
Summer Associate
Program
Summer Associate