Wealth Management Intern
Are you applying to the internship?
Job Description
About Company:
Morgan Stanley is a global financial services firm with a history spanning over 89 years, known for its commitment to first-class service and high standards of excellence. The company’s core values include putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back to communities.
With over 80,000 employees across 1,200 offices in 42 countries, Morgan Stanley aims to provide an environment where employees are supported, empowered, and can work alongside top talent. They emphasize relentless collaboration and creative thinking, fueled by diverse backgrounds and experiences. The firm is dedicated to supporting its employees and their families, offering attractive and comprehensive benefits and perks. There are also opportunities for career mobility within the business for those who demonstrate passion and grit.
Morgan Stanley is committed to building and maintaining a diverse workforce and actively seeks to attract and retain talent from all backgrounds. They adhere to a strict policy of equal employment opportunity, prohibiting discrimination or harassment based on various protected characteristics, including race, color, religion, age, sex, gender identity, sexual orientation, national origin, disability, veteran status, and more.
Job Description:
This role is an internship position, intended for a limited duration with a maximum of ten months.
Responsibilities:
• Gain Industry and Organizational Knowledge: Acquire understanding of the global wealth management industry and Morgan Stanley’s organizational structure through daily business interactions and job assignments.
• Develop Core Skills: Cultivate essential business, financial, and analytical skills necessary for a career in global wealth management and financial services.
• Provide Marketing and Sales Support: Offer assistance to branches and their teams in marketing and sales activities.
• Perform Market Research: Conduct research on market trends, conditions, and opportunities.
• Gain Exposure to Wealth Management: Learn about the wealth management business, including its products, services, and how to address clients’ financial needs.
Requirements:
• Education: A high school diploma is required, and being in pursuit of a college degree is preferable.
• Age: Must be at least 18 years of age.
• Duration: The internship is for a limited duration, with a maximum period of ten months.
• Motivation: Possess a strong desire to deepen understanding of the global wealth management business.
• Communication Skills: Demonstrate effective communication and interpersonal skills, both written and verbal.
• Teamwork: Ability to work collaboratively as part of a team.
• Analytical Skills: Possess strong analytical capabilities and the ability to interpret information.
Salary and Benefits:
The salary for this position is $17.95 per hour. The successful candidate may also be eligible for an annual discretionary incentive compensation award or participation in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component.
Morgan Stanley offers a comprehensive benefits package, which includes:
• Medical, Prescription Drug, Dental, and Vision insurance.
• Health Savings Account (HSA) and Dependent Day Care Savings Account.
• Life Insurance, Disability, and Other Insurance Plans.
• Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave, and 10 Vacation Days annually).
• 10 Paid Holidays.
• 401(k) retirement plan.
• Short/Long Term Disability.
• Additional special perks reserved for employees.
