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2024 Institutional Equity Division - Prime Brokerage Summer Associate Program (Mumbai)

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Join the Prime Brokerage team at Morgan Stanley and develop your skills in client services and financial products. We are seeking highly motivated professionals to join us as interns and gain hands-on experience in a stimulating environment. With opportunities to work on live projects and deliverables, you will gain a comprehensive understanding of the Prime Brokerage business.

About Prime Brokerage Team
Morgan Stanley Prime Brokerage (PB) is dedicated to client service and cultivates an environment of
process control, accuracy and efficiency. The Client Services team has professionals located in offices
across the globe – New York, San Francisco, London, Mumbai, Hong Kong, Singapore and Sydney.
The Prime Brokerage Client Service Mumbai team is a comprehensive partner to the global PB
organization offering centralization across the vast spectrum of client service functions for our hedge fund
clients. The team also covers select hedge fund clients and other prime brokerage clients as account
managers from Mumbai office.


Prime Brokerage Internship Program
The program has been designed to develop highly motivated professionals by providing a stimulating and
supportive environment to understand the business and achieve the maximum potential. On joining, you
will go through a training program that covers Prime Brokerage as a business, financial products,
applications and systems training. During the internship, there will be senior manager presentations and
professional skills workshops to provide you with a well-rounded experience.
Summer Analysts spend eight to ten weeks working on live projects, understanding the business and
learning about how the Client Service team supports the global business.
 


Roles and Responsibilities
 Understanding the Prime Brokerage business.
 Analysis of financial products like equities, bonds, options, futures, Repo, Credit Default
Swap (CDS), Mortgage Backed Securities (MBS), swaps, Over the Counter (OTC)
derivatives and monitoring their cash flows and performance.
 Daily, weekly and monthly reporting to the client as per their requirements and providing
details like positions, balance, performance, Income and expense etc.
 Understand various corporate actions conceptually and its implications on client
reporting with respect to cost basis and taxability.
 Working as a business analyst involves development/renovation and testing of systems,
application tools and reports to create efficiency and scale.
 Projects involving process enhancements and standardizations reinforce values through
teamwork and provide smooth transition.
 Partnering with various global teams.
The projects are presented to senior management, giving analysts a firsthand experience of
working on a project from inception to delivery.


What We Look For
 University student with an outstanding academic record.
 Genuine interest and understanding of the financial markets coupled with problem
solving skills.
 Analytical, insightful, a quick learner, team player and good at multitasking, with a
positive attitude.
 Excellent communication skills.
 Ability to work efficiently on Microsoft Excel spreadsheets and PowerPoint presentation.
 Ability to react quickly to meet intra-day deadlines.
 

Set alert for similar jobs2024 Institutional Equity Division - Prime Brokerage Summer Associate Program (Mumbai) role in Mumbai, India
Morgan Stanley Logo

Company

Morgan Stanley

Job Posted

a year ago

Job Type

Internship

WorkMode

On-site

Experience Level

0-2 Years

Category

Prime Brokerage Client Services

Locations

Mumbai, Maharashtra, India

Qualification

Bachelor or Master

Applicants

Be an early applicant

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