Your Opportunity as an Analyst in Sales & Trading

An overview of this programme’s objectives and how you can benefit

As the needs and demands of asset classes and users of capital become increasingly complex, substantial opportunities are created across Sales & Trading for our Analysts. The depth and breadth of experience you gain will be matched only by the high level of responsibility you are given early in your career with Morgan Stanley. Intensive and challenging, the Sales & Trading Analyst Programme is designed to allow maximum exposure to a variety of job functions within the division.

The Analyst Programme in Sales & Trading
How the programme works and the day-to-day experience you can expect

Within the different business functions the following roles exist for Analysts joining the programme:

• Salespeople Communicating value-added ideas to their clients based on their own opinions and the firm's research, and managing client relationships
• Traders Providing liquidity for our clients and managing the firm's residual risk positions
• Sales Traders Interacting with the trading desks of our clients, giving market insight and facilitating customer orders
• Research Working with traders and salespeople to provide sophisticated investment strategies
• Structured Product Groups Integrating the structuring, marketing and origination of products, such as structured interest rates, credit derivatives, and asset-backed securities

Roles and responsibilities depend on the product or function that you join but may include:

• Developing research into actionable trading ideas and pitching them to clients
• Designing new structures and payoffs for the sales force to market to clients
• Running pricing models
• Acting as a middle-man between the client and our trading desk to manage currency trade executions
• Actively managing the relationship between the firm and the hedge funds to attract more business

Launching Your Career
The initial training that you receive on starting the programme

The Analyst Programme begins with the Firmwide Institutional Securities Training Programme in London with peers from other Investment Banking, Investment Management and Private Wealth Management. The training covers financial modeling and capital markets and enables Analysts to grasp a broad understanding of each business in the Institutional Securities group while they deepen their capital markets knowledge and network amongst their Analyst peers.

Afterwards, Analysts undertake the Sales & Trading specific training which generally consists of:

• Two weeks of division-specific classroom training
• Intensive IT training, including Bloomberg, Excel and desk-specific applications
• Practical skills sessions
• Regulatory exam Financial Services Authority (FSA) preparation

In addition to the formal training, the Analyst programme includes the opportunity to hear from experienced professionals in the division and to participate in practical workshops, a structured mentor-and-buddy programme, and organised social events. This will enable you to build a network of contacts throughout the division and the firm.

Developing Your Career
What you can expect as you progress through and complete the programme

Management takes a keen interest in your progress as an Analyst, and will look to you for fresh perspectives and new ideas. You will be encouraged to take on responsibility quickly with a view to developing your career. To help in this process, you will be assigned a mentor to ease your transition to the corporate environment, provide career guidance, day-to-day advice, and to connect you to the Morgan Stanley network.

Analysts are encouraged to investigate other product areas and functions within the Sales & Trading division.

Additional training throughout the year will enable you to enhance your product knowledge as well as develop your professional skills. We also support you in taking language classes and financial examinations, such as Chartered Financial Analyst (CFA) and FSA qualifications, where necessary. In addition, we have a tuition reimbursement programme for Analysts that are interested in continuing their education outside Morgan Stanley.

The programme typically has a two-year duration, at which time, performance permitting, you may be considered for an accelerated career path to Associate level.

Regional Programmes

We hire candidates for positions throughout the EMEA region. Although the majority of our opportunities are in London, we have a limited number of positions available across the rest of the region. 

Is Sales & Trading Right for You?
A checklist to help you decide if you have the skills and temperament for this area

• You are able to analyse and interpret complex information quickly and accurately.
• You have a strong aptitude for numbers.
• You actively generate and share new ideas.
• You can communicate complex ideas clearly and succinctly.
• You thrive under pressure and changing situations.
• You are committed and work hard toward the achievement of goals.

Requirements

An outstanding academic record with a minimum 2.1 honours degree or equivalent and a keen interest in the financial markets is required. Candidates from all degree disciplines are encouraged to apply.

Selection Process

The selection process consists of two stages, including interviews and an assessment centre. At the assessment centre, candidates can expect to be assessed in a number of exercises comprising a group exercise, a presentation exercise, a numerical reasoning test, and interviews with experienced management from the division.

How to Apply

To submit your application, please apply  online via our website.

Deadlines

Hiring for our full-time positions is primarily completed through our Summer Intern Programme. However, further opportunities may arise, so we strongly advise you visit our website regularly to verify the full-time opportunities available.