Non-Financial Risk Summer Analyst

Job Description

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The firm’s commitment to excellence is reflected in its standards of integrity and its desire to attract and retain the best and brightest talent from all talent pools. They strive to be the first choice for prospective employees and foster a diverse and inclusive workforce.

Job Description: Non-Financial Risk Summer Analyst Program (Baltimore)

This 10-week summer program, beginning in June, offers a unique opportunity to gain hands-on experience in the world of global compliance at Morgan Stanley. As a Summer Analyst, you will be placed on a team dedicated to a specific global compliance function. These functions include:

• Financial Crimes: Investigating and preventing money laundering, fraud, and other financial crimes.
• Operational Risk: Identifying, assessing, and mitigating operational risks across the firm’s operations.
• Regulatory Relations: Ensuring compliance with evolving laws and regulations.
• Information Controls: Protecting the firm’s sensitive information and maintaining data integrity.
• Global Monitoring and Testing: Conducting regular audits and reviews to assess the effectiveness of compliance programs.
• Compliance Advisory Teams: Providing compliance guidance and support to specific business units.

In addition to your daily responsibilities, you will collaborate with fellow Summer Analysts on a group project addressing a real-world compliance issue faced by the division. This program offers significant on-the-job training and a robust curriculum designed to provide you with a thorough understanding of the firm.

Training Program:

• Participate in a full day of firm-wide orientation.
• Receive additional training specific to the compliance function you are assigned to.
• Immerse yourself in Morgan Stanley’s culture through mentorship opportunities, community service events, senior management speaker seminars, and networking events.

Role and Responsibilities:

• Contribute to projects designed to establish and maintain strong compliance processes and infrastructure.
• Support appropriate risk governance by assisting in the daily risk management of operational risk exposures.
• Conduct independent analysis of business activities and implement processes and tools for risk monitoring.
• Perform due diligence reviews of clients during the account opening process, focusing on financial crimes concerns.
• Conduct monitoring and surveillance of transactions, employee activities, and communications.
• Perform transaction and control-based testing of firm processes and controls to mitigate risks.
• Analyze regulations, rules, and proposals, and draft and coordinate regulatory updates and compliance bulletins.
• Conduct research and assist in responding to regulatory inquiries and examinations.
• Review and draft policies, procedures, compliance manuals, and develop and update related training courses.
• Participate in compliance risk assessments and analyze the compliance environment and controls for a specific line of business.

Qualifications and Skills:

• Pursuing a Bachelor’s degree in any discipline (all majors are welcome).
• Graduation date between December 2025 and May 2026.
• Minimum cumulative GPA of 3.0.
• Demonstrated academic excellence.
• Strong attention to detail and ability to manage competing priorities.
• Excellent written and verbal communication skills.
• Ability to analyze and synthesize data to produce well-designed, meaningful summaries and reports.
• Adept at problem-solving and developing efficient processes.
• Proficiency in Microsoft PowerPoint, Excel, and Word.

To qualify, applicants must be legally authorized to work in the United States and should not require sponsorship for employment visa status.

Application Process and Deadline:

• Early Applicants: Apply by September 29th on www.morganstanley.com/campus.
• Rolling Basis: Applications accepted after September 29th.

Expected Base Pay Rate:

• $25.49 per hour at the commencement of employment.
• Base pay will be determined on an individualized basis and is only a portion of the total compensation package.
• Depending on the position, the package may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley-sponsored benefit programs.

This program offers a unique opportunity to gain valuable experience and develop a strong foundation in the field of compliance, setting you on a path to a successful career in financial services.