Business Audit Summer Analyst Program (Jun 2024)

About Morgan Stanley

Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. 

Your Role

• Develop a working knowledge of business principles and basic auditing standards.
• Participate in a range of assurance activities (e.g., audits and issue closure verification) to gain a working understanding of the business units under review (e.g., policies and procedures, roles and responsibilities, systems, processes, risks, and controls).
• Assist in documenting narratives.
• Evaluate the adequacy and effectiveness of controls by executing tests and communicating results to management.
• Be open to new experiences, coaching, and learning. ​
• Build relationships across the business​.
• Support team or departmental initiatives to nurture diversity, equity, and inclusion

Training & development

Summer Analysts join the Morgan Stanley Internal Audit Department in June for a comprehensive 10-week internship and development program that provides participants with exposure to various functions across Internal Audit and coverage areas within the Firm (e.g., compliance, equities). Individuals who complete the program may be considered for full-time employment following college graduation.

Compensation & Benefits

Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. The salary range for this position is between US$30 - US$32. As an employee, you'll also receive the following benefits:

• Career development programs.
• Physical, mental, and emotional well-being.
• 401(k) retirement savings.
• Paid leave.

Career progression

The Summer Program includes training on internal audit fundamentals and Morgan Stanley's audit methodology, engagement with senior leadership, cross-divisional networking opportunities, peer mentorship, community service opportunities, and a group project in which Summer Analysts present what they have learned through the program to a broader audience. 

Work-life balance

The Work-Life Balance at Morgan Stanley is rated a D+ putting it in the Bottom 25% of similar size companies on Comparably. 56% of Morgan Stanley employees are satisfied with their work-life balance while 55% feel they are burnt out. A well-proportioned work-life balance is necessary to keep employees happy and productive.

Company culture

Everything at Morgan Stanley is guided by five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back.

About you

• Pursuing a bachelor’s degree (accounting, business management, finance, or related degree preferred, but not mandatory)
• Minimum cumulative GPA of 3.0
• Demonstrates critical thinking, analytical, and problem-solving skills​
• Communicates verbal and written messages in a clear and concise manner​
• Effectively collaborates with others and adapts to a dynamic environment ​
• Pays attention to detail​
• Graduates between December 2024 and May 2025 and has less than one year of full-time professional experience

How to apply

To apply for this role, simply click the "Apply on employer site" button on this page.

Sources

• morganstanley.com
• comparably.com
• youtube.com