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2024 Investment Management Fall Co-Op Program - Fixed Income Global Trading - Boston

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Morgan Stanley

Feb 13, 2024

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • Boston

Requirements

  • Available to start in June 2024 and finish role at end of December 2024
  • Ability to extend co-op into early January 2025 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 2026 and June 2027 with a GPA of 3.2 or higher
  • Major in Finance, Computer Science, or related fields
  • Demonstrated interest in financial markets through either coursework or work/internship experience
  • Knowledge of Python or other programming languages
  • Strong MS Office skills: Excel, Outlook, Word
  • Ability to learn and use new software applications (i.e. Bloomberg, Reuters, Blackrock. applications)
  • Excellent organizational, interpersonal, and time management skills
  • Positive attitude, strong work ethic, and attention to detail

Responsibilities

  • Monitor government auction results using Bloomberg and Thompson Reuters excel links & central bank websites for Research Associates and Analysts.
  • Track stats on corporate & sovereign bond issuances within emerging markets.
  • Monitor currency hedges on various accounts to inform traders of any over or underexposed currency, and monitor commodity fund exposure with different brokers.
  • Inform Analysts and Traders daily of foreign settled cash balances, current repo positions and the position’s repo cash, rate, and haircut.
  • Update weekly report with Asian bond yields for Global Income’s Overnight Trader.
  • Assist Trading Operations in their daily tasks such as pricing and booking trades.
  • Oversee cash balances of department funds in comparison to the fund’s NAV, and project balances for the following business day.
  • Manage counterparty trade confirmations and coordinate with the counterparty to resolve any discrepancies.
  • Create reports and complete projects on an ad-hoc basis for Portfolio Managers, Analysts, and Traders to use when evaluating different markets & securities.

Application Process

  • In order to be considered, candidates must apply with their resume through the Morgan Stanley website. Resumes will be reviewed on a rolling basis starting February 1st, 2024 and continuing through February 29th, 2024 or until the role is filled, whichever comes first. Applications will no longer be accepted after February 29th, 2024 at 11:55 PM EST.

Finance
Industry
10,001+
Employees
1935
Founded Year

Mission & Purpose

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back — that guide its more than 70,000+ employees across 41 countries.