2026 Firm Risk Management Summer Analyst Program - Quantitative Risk (New York)
You must apply here to be considered for the position
Have you ever wondered how banks manage the many evolving risks they face? At Morgan Stanley, our Firm Risk Management Division identifies, measures, monitors, and controls risks. Some of those risks include, but are not limited to, regulatory risk and the risk of financial loss to the Firm and our clients. Through independent assessment of the effectiveness and consistency of risk management processes, we mitigate potential harm to the Firm and our clients.
Our risk departments, called “Risk Stripes”, seek to uphold, and improve different components of our risk framework. We cater the program to each individual and place them in a specific Risk Stripe most well-suited to their abilities and interests.
OUR PROGRAM OFFERS:
- A 10-week Summer Analyst Program beginning in June
- A comprehensive hands-on introduction to Financial Services and Risk Management
- In-depth exposure to a specific Risk Stripe such as Model Risk and Risk Analytics
- Opportunities to take on meaningful and challenging projects to assess risks and communicate findings
- Formal training covering product and industry knowledge, soft skills, and teambuilding activities as well as informal training like on-the-job learning and weekly educational forums with Senior Management in the division
- Each Summer Analyst will be matched up with a peer buddy and a senior leader mentor
- Diverse culture and commitment to providing and supporting an inclusive workplace for all employees
OUR RISK STRIPES:
- Model Risk Management (MRM): MRM is responsible for the Firm’s model risk management framework and independently oversees model risk. MRM establishes standards for the identification, development, validation, and use of models.
- Risk Analytics Department (RA): RA develops models to measure and manage credit, market, and operational risk, providing quantitative analysis of the Firm’s risk exposures by developing mathematical and statistical models.
QUALIFICATIONS
- Graduating with a Master's degree between December 2026 and May 2027; open to all majors
- Minimum cumulative GPA of 3.0
- Strong interest in risk management, financial products, markets, and regulation
- Team player with a positive attitude and strong work ethic
- Ability to adapt in a fast-paced environment
- Strong communication skills (written and verbal)
- Highly organized and detail-oriented
- Proficient in MS Office (Excel, Word, PowerPoint, Outlook); advanced skills a plus
- Familiarity with coding languages
APPLICATION PROCESS & DEADLINE
In order to be considered, candidates must apply with their resume through the Morgan Stanley website and complete their HireVue digital questionnaire. Resumes will be reviewed on a rolling basis until the role is filled or the application deadline, whichever comes first. Applications must be submitted by May 16, 2025 at 11:55 PM EST and HireVues completed by May 18, 2025 at 11:55 PM EST in order to be considered.
For Masters students only.
Expected base pay rates for the role will be $41.83 hourly at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.