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Financial Control Group - North America

 Your Opportunity as a Summer Analyst in Financial Control Group (FCG)

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

The Financial Control Group (FCG) manages the firm's risk by implementing financial controls over the firm's business activities. FCG is responsible for Morgan Stanley's financial records, ensuring that the assets and liabilities of the firm are properly controlled, and providing accurate and timely financial information to senior management as well as to statutory and regulatory bodies.

FCG acts as CFO to the business units, providing profitability analyses, business plans and budgets supporting current and future business initiatives. FCG partners with Information Technology and Operations to establish a solid business infrastructure.

The FCG Summer Analyst Program
How the program works and the day-to-day experience you can expect
The FCG Summer Analyst Program is a ten-week internship designed to serve as a pipeline into our full-time Analyst Training Program.

The program's curriculum includes:

  • Orientation to the firm
  • Senior management speaker seminars
  • Program Analyst fireside chats
  • Presentation skills training
  • Intern presentations to senior management
  • Social and networking events to build the Summer Analyst's professional network

Placements are communicated to the Summer Analysts before their start date. Placements are based on business needs, feedback throughout the interview process, Human Resources feedback, and the Summer Analyst's preferences. As a Summer Analyst in the Financial Control Group, you will be placed within one of the following departments:

  • Corporate Reporting and Analysis includes the Planning and Analysis group, and Accounting Services. Planning and Analysis manages internal reporting, prepares competitive analysis and leads the forecasting, planning and allocations processes. Accounting Services provides financial oversight and administration for a variety of functions including Payroll and Accounts Payable. These groups provide value-added reporting, analytics and customer service to Morgan Stanley's business units, clients and employees. Key control measures include firm expense policy management, accounting compliance and payment control.
  • The Global Controllers Organization manages the firm's regulatory relations, accounting policy, and public reporting. This group provides the firm with an understanding of regulatory and accounting matters by partnering with various accounting bodies and regulators to help determine future standards and regulations for the industry and region. The organization also provides financial support for Human Resources, MS Bank, Treasury, the Sales and Trading Business, and certain Global Wealth Management Group Products as well as the overall regional and branch network. Our teams are firmwide and global in nature, creating strong working partnerships across Finance and throughout the rest of our organization.
  • The Global Wealth Management and Asset Management Finance groups provide business support and guardianship to their clients. These groups work in partnership with the businesses, and deliver insightful business analysis and performance-based reporting, all of which is critical to decision making. They also serve as trusted partners, providing information and counsel to senior management, and identifying growth opportunities and potential franchise risk.

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

  • You should have advanced technical and quantitative skills.
  • You are skilled in Microsoft Excel and have an understanding of Access.
  • You should be resourceful and able to take initiative.
  • You are a team player.
  • You have the ability to work on challenging assignments in a dynamic environment.
  • You are able to synthesize information, distill relevant facts, and reach logical conclusions.
  • You enjoy managing projects and evaluating and improving processes.
  • You are an excellent communicator.

Requirements

Consideration for the FCG Summer Analyst Program requires an Accounting, Finance, Mathematics, or Economics degree with a minimum cumulative GPA of 3.0. Strong candidates will also possess excellent leadership, interpersonal, and communication skills.

Selection Process

First-round interviews will be conducted on campus; second-round interviews will be conducted either on campus, or in our New York offices. Second-round interviews will involve two additional interviews and a group exercise. Hiring decisions are determined shortly thereafter.

How to Apply

Please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html  and also your school's career center.

Deadlines

The deadline for applying to the North America Financial Control Group Summer Analyst Program is March 1, 2010.