2023 Investment Management Fall Co-Op Program - Fixed Income COO (Boston)
Program Overview
Morgan Stanley Investment Management (MSIM) hires undergraduate co-ops to simultaneously contribute to and learn about various groups within our division. Co-ops spend six months fully immersed in their work and MSIM culture, resulting in an enriching and formative experience.
Position Overview
Assist members of the Fixed Income (FI) COO with day-to-day support and initiatives in the Fixed Income department. This role will work closely on data and analytics integration for the individual FI teams' data and workflows. The co-op will work on a variety of items that can range between trade workflow, data and analytics, performance, attribution, and data quality. This role will have a heavy slant towards data and data quality, so a solid background using SQL and Excel will be hugely beneficial to the candidate.
Responsibilities
- Support FI COO team on long-term projects and day-to-day activities
- Assist with review of and resolution on BAU workflow issues for FI Investment teams in Aladdin and proprietary data warehouses.
- Create spreadsheets and SQL queries to assist with data validation and reporting.
- Develop quantitative models to support fundamental research by collecting, maintaining, and analyzing financial and statistical data.
- Assist with creation and review of Data Quality processes to assist with finding and resolving of daily analytic and security level issues.
- Assemble financial data from multiple databases to generate a variety of reports used to facilitate credit prioritization, investment opportunity, and environmental sustainability scores.
- Automate financial analysis workflows, quality controlling data inputs and outputs.
Requirements
- Available to start in July 2023 and finish role at end of December 2023
- Ability to extend co-op into early January 2024 preferred
- Able to commute into downtown Boston for partial in-person working requirement
- Pursuing a Bachelor's degree with an expected graduation date between December 2024 and June 2026
- Major/Concentration in Finance or Accounting or experience with accounting coursework
- Strong accounting skills and familiarity with financial statements
- Quantitative skills (Python, SQL, or R preferred) a plus
- Experience or demonstrated interest in the investment management industry
- Advanced Excel skills and proficiency with general computer applications (Microsoft, Word, Outlook)
- Excellent oral and written communication
- Must be organized, detail oriented, work well independently and as a member of a team
Application Process and Deadline
In order to be considered, candidates must apply with their resume and transcript through the Morgan Stanley website. Resumes will be reviewed on a rolling basis starting February 7th, 2023 and continuing through February 28th, 2023 or until the role is filled, whichever comes first.
Expected base pay rate for the role will be between $30.00 and $40.00 per hour at the commencement of employment. However, base pay is only part of the total compensation package, which, depending on the position, may also include discretionary bonuses and other Morgan Stanley sponsored benefit programs.
This Program is closed to applications.