The Morgan Stanley Experienced Professionals Program (MSEPP) is designed to recruit and develop professionals with diverse backgrounds and experiences, with or without a background in Finance and/or Risk Management. This is a program with an emphasis on attracting populations who have experienced barriers to entry in the finance industry, including women, Hispanic, Black, veteran, disabled, LGBTQ+, first-generation college students, and those from economically disadvantaged backgrounds. This program is open to applicants of any race, gender, or other protected characteristic. The Morgan Stanley Experienced Professionals Program is a component of our overall recruiting effort.

As part of the Firm Risk Management (FRM) EPP cohort, you will start in September 2024 with a three week-long orientation and training program followed by two years of continued professional development.

Participants will be placed in roles within FRM for the duration of the two-year program. The cohort will also receive support in the form of mentorship, teambuilding, divisional and firm-wide networking opportunities, and educational forums led by FRM senior management.

Firm Risk Management believes that diversity and inclusion are critical to our success as a global organization. We are committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.

FRM Department Overviews

Credit Risk Management Department

Credit Risk Management (CRM) provides independent oversight of the Firm’s credit risks and acts as the guardian of the Firm’s capital. CRM evaluates credit risk transactions, manages credit risk limits, and reports on credit risk exposures. CRM also works with other business units across both ISG and WM to ensure that credit risk assessments are factored into business decisions.

Investment Management, Capital, and Data Risk Department

The Investment Management, Capital, and Data Risk department is responsible for a range of critical functions including identifying, assessing, and mitigating a variety of risks across the Firm’s extensive investment offerings in public and private markets. This department is also responsible for stress testing and capital planning initiatives to ensure the organization can weather adverse market conditions. Lastly, the department works to enhance governance by effectively maintaining data standards and monitoring risk data domains.

Market Risk Department

The Market Risk Department (MRD) oversees the market risk arising from the Firm’s trading and nontrading business activities, primarily through the Firm’s Institutional Securities business. This includes identifying and defining market risks; developing and employing risk measures and tools to monitor, control, and mitigate those risks; establishing limits; monitoring usage against these limits; and producing and distributing comprehensive reports designed to keep senior management apprised of the Firm’s market risk exposures.

Risk Analytics Department

Risk Analytics develops credit risk, market risk, operational risk, and scenario analytics models providing quantitative analysis on the Firm’s risk exposures. By developing mathematical and statistical models, Risk Analytics calculates the risks associated with specified sets of financial positions and day-to-day operations.

Risk Chief Operating Office (COO)

The Risk COO department comprises several global teams that partner across risk areas to deliver strategic and regulatory-driven initiatives. Opportunities are available in the Chief Administrative Office supporting financial and resource management activities and other cross-risk projects.

Qualifications and Requirements

· Bachelor’s degree from a four-year accredited university

· At least 2 years of post-graduate work or military experience

· Demonstrated interest in the financial services industry

· Strong communication, client management, problem solving, and project management skills

Wage Transparency

Expected base pay rates for the role will be between $85,000 and $140,000 per year 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.

Diversity and Inclusion at Morgan Stanley

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).