Thursday, February 28, 2019

2019 Summer/Fall Operational Risk Management Cooperative (Paid Co-Op)


Are you an ECON major graduating between December 2019 & May 2020? If yes, check out this opportunity....

2019 Summer/Fall Operational Risk Management Cooperative (Paid Co-Op)
Morgan Stanley, Baltimore, MD
Full-time position, starting July 2019 - December 2019

Read more and apply to interview with them on campus through Careers4Terps (ID # 183255)- March 19 is the application deadline, but applications are being reviewed as they are submitted.

Morgan Stanley’s Operational Risk Department (ORD) offers a unique opportunity to work in an area of the Firm with broad exposure to the business and technology operations. Cooperative Education (Co­Op) Programs in Operational Risk gain substantial hand-on experience across multiple areas of the Firm. Operational Risk is the risk of financial loss or other potential damages to the Firm's reputation due to inadequate or failed internal processes, people or systems, or from external events. Operational Risk Co-Op positions include areas of strategic business analysis, process validation, cybersecurity, fraud, third-party, and technology risk. Operational Risk works with the business units and control groups to help ensure Morgan Stanley has a transparent, consistent and comprehensive program for managing operational risk, both within each area and across the Firm globally.

Placement and Duration - The ORD Co-Op Program is a paid opportunity for participants to both learn about the Financial Services Industry, as well as further develop the necessary professional competencies to be successful within Operational Risk. Co-Op participants are part of a 6-month program that runs every year from July to December. Placement varies in accordance with business needs, and is aligned to the skills and interests of the participant, as well as captured feedback throughout the interview process. Co­Ops are integrated into Operational Risk and are expected to take on responsibilities of full time analysts.

Qualifications/Skills/Requirements
The following are prerequisites for all applicants:
  • You are a current undergraduate or graduate student graduating between December 2019 & May 2020
  • You have a strong interest in financial services, with skills specifically within Finance, Economics, Mathematics, Computer Science, Cybersecurity, Technology and/or Data Science/ Data Analytics disciplines
  • You have a minimum GPA of 3.0
  • You possess excellent leadership, interpersonal, communication (both verbal and written) skills to successfully work independently, as well as in a team oriented environment
  • You are detail oriented and possess strong analytical and problem solving skills
  • You have the ability to multitask and manage time effectively
  • You possess advanced Excel knowledge (experience working with large data sets including deconstructing data sets and/or their associated queries)
  • You are proficient in MS Office and related applications (Word, PowerPoint, Visio)