Morgan Stanley
Morgan Stanley
Posted about 2 months ago
Full Time
New York, New York
In Person
Smart Summary
Summer Associates will independently tackle unsolved research problems with commercial applications and leverage machine learning and advanced quantitative methods across various business lines. They will work closely with finance professionals and ML specialists on impactful applied research projects.
This Machine Learning Research Associate Program is for PhD students in quantitative fields such as Computer Science, Mathematics, or Physics. Candidates should have a strong understanding of statistical learning methods, excellent programming skills in Python or R, and a keen interest in financial markets. Strong communication, organizational skills, and a track record of publishing are highly valued.
Must Have Skills for ATS
Machine Learning
Quantitative Research
Statistical Learning
Programming
Python
R
C
C++
Java
Financial Markets
Communication Skills
Organizational Skills
Teamwork
Problem Solving
Data Analysis
Job Description
The Technology Machine Learning Research Summer Internship is an intensive 10-week program that provides Summer Associates the opportunity to work alongside Full-Time Finance professionals and ML specialists on impactful applied research projects. Summer Associates will work within Morgan Stanley’s Machine Learning Research Team for the entirety of the program. This is a highly motivated and collaborative team of scientists, technologists, and market practitioners. This team is responsible for working with business units and technology teams across the entire Firm to solve mission-critical high impact problems. The multi-faceted program features senior quant teach-in sessions, divisional speaker series, networking events, and community service. With individual coaching and continuous feedback, the program enables Summer Associates to experience and understand what a long-term career in ML Research within the Firm entails.
Summer Associates will receive individualized on-the-job training as they begin their daily work and projects. Summer Associates will have a direct manager, as well as a program mentor, both of whom will act as invaluable resources throughout their time at Morgan Stanley.
Role and Responsibilities:
Independently tackle previously unsolved research problems that have commercial applications.
Machine Learning and other advanced quantitative methods in every line of business; the purpose of the central ML Research team is to create custom algorithms and tailored solutions.
Leverage the technical expertise and research acumen you have been cultivating in your academic careers and apply it to real-world financial and operating problems. (Successful candidates will have experience in conducting creative, hands-on, high-impact quantitative research.)
Qualifications and Skills:
You are pursuing a PhD degree in Computer Science, Mathematics, Physics, Statistics, Chemistry, Financial Engineering, Financial Math, Engineering, Quantitative Finance, or other related quantitative field
You have a deep understanding of statistical learning methods and strong mathematical academic training
You have excellent programming skills in Python or R, (C, C++, Java, etc. is a plus)
You have a keen interest in financial markets
You have the drive and desire to work in an intense team-oriented environment
You have strong communication and organizational skills
Track record of publishing in competitive venues is highly sought after
Broad experience across multiple fields is a plus
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $170,000 and $185,000 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.
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).
Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, our firm's employees serve clients worldwide including corporations, governments, institutions and individuals. We are committed to maintaining the first-class service and high standard of excellence that have always defined the firm and everything we do is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. All interactions on/with this account are subject to the Social Media Important Information https://www.morganstanley.com/disclosures/social-media-important-information which includes Morgan Stanley’s Privacy Pledge and relevant disclaimers/disclosures. By interacting with this account, you consent to the retention and monitoring of your interactions.
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