# 2027 Sales & Trading Industrial Placement Internship (London) [Morgan Stanley](https://www.jorb.ai/firms/morgan-stanley.md) · London · United Kingdom · [Sales & Trading](https://www.jorb.ai/jobs/sales-trading.md) Morgan Stanley is hiring a 2027 Sales & Trading Industrial Placement Internship (London) in London. Posted 2025-06-06; applications close 2026-10-16. **Apply**: https://morganstanley.tal.net/vx/lang-en-GB/mobile-0/brand-2/xf-a346f1848f81/candidate/so/pm/1/pl/1/opp/21511-2027-Sales-Trading-Industrial-Placement-Internship-London/en-GB Posted 1y ago. ## Role details ## Company Overview In the Prime Brokerage and Institutional Equity division, we provide clients around the world with intellectual insights and innovative product solutions and services to help them generate alpha. In the Fixed Income division, we work in fast-paced, constantly changing global markets to assess and manage risk, trade securities, manage client relationships, and structure and execute innovative transactions. Since 1935, Morgan Stanley has been a global leader in financial services, continuously evolving and innovating to better serve clients and communities in more than 40 countries worldwide. ## Placement and Duration The 12-month Sales & Trading Industrial Placement Internship Program is aimed at undergraduates who are completing a four-year degree with a year out in industry as a requirement for their degree. The one-year internship is based in London and begins in June. Following an initial period of training and induction, you will be assigned to a particular team and spend the remainder of your placement there. Interns are treated as full-time members of the team and work alongside experienced professionals at all levels. ## Training Program All new Industrial Placement Interns participate in an orientation program covering the Firm’s businesses, the transition from an academic setting to a corporate environment, and the opportunity to build a network across the Firm globally. Interns then attend divisional training to learn the core skills required to be successful in the role. The curriculum focuses on the Sales & Trading business and the various products, processes, and systems needed to succeed. Interns also learn and network with peers, mentors, and managers through group projects and other organized events. ## Responsibilities Opportunities exist within the following teams across the Fixed Income Division (FID) and Institutional Equities Division (IED): ### IED Client Coverage - Act as the primary point of contact for Prime Brokerage hedge fund clients. - Oversee account activity across multiple asset classes and help mitigate risk. - Build long-term relationships by learning clients’ businesses and ensuring the Firm is positioned to capitalize on future growth. ### IED Morgan Stanley Electronic Trading (MSET) - Provide global electronic access and execution across cash equities, options, and futures. - Manage relationships with hedge funds and asset managers. - Deliver a suite of trading solutions and execution consultancy to help clients achieve their trading objectives. ### IED COO / Client Business Analytics - Support business management across Morgan Stanley’s Equities businesses. - Work across teams across the Firm to curate reporting and KPIs for management teams. - Contribute to business plan and strategy presentations. ### IED Prime Brokerage Distribution - Work with Sales, Capital Introductions, and Business Consulting teams to service Morgan Stanley’s hedge fund clients, including new start-up launches and existing funds. - Assist the PB sales team with the mandate pitch process. - For successful mandates, support the Cap Intro and Consulting teams. - Support capital raising strategies (Cap Intro) and provide best-practice consulting and business development advice (Consulting). ### IED & FID Risk Management – Non-Financial Risk - Partner with desks, global counterparts, and functional areas to roll out new business initiatives in a risk-managed way. - Proactively identify potential risk issues, challenge processes, and partner with stakeholders to remediate. - Manage non-financial risk issues from identification through strategic remediation and implementation of robust control solutions. ### IED Risk Management – Counterparty Risk - Work with stakeholders across Sales, Trading, and Credit to review client portfolios and determine leverage levels. - Perform risk analysis for global multi-asset class portfolios to assess market and liquidity risks across Prime Brokerage and Clearing. - Contribute to articulating Morgan Stanley’s risk management approach and performing due diligence with clients (including strategy and leverage). - Partner with Technology teams to enhance risk metrics and systems across Equity Prime Brokerage and Listed Derivative/Clearing businesses. ### IED Electronic Trading Risk Management (ETRM) - Manage daily risks relating to trading and execution. - Maintain primary responsibility for the electronic trading plant and controls governing it. - Support limit management, best execution monitoring, trader controls, and governance of trading algorithms. - Partner with Trading Desks, Operations, Technology, and Compliance to support orderly execution of client and firm trading activity. ### IED Flow - Focus on single-name synthetic equity flow in European, Middle Eastern, and African markets. - Tailor product and solutions to meet client strategies and requirements. ### IED Structured Products - Provide synthetic derivative products to institutions and hedge funds to access markets with ease and simplicity. - Create bespoke structured solutions to meet client demand. ### IED Derivatives Client Relationship Management - Work with Morgan Stanley Sales teams and clients to enhance the client experience end to end. - Coordinate new business opportunities across Structured Notes, OTC Derivatives, and Convertible bonds. ### IED Stock Loan (Securities Lending) - Facilitate short selling in European and EMEA markets. - Work with both sales and trading teams to offer clients the most liquidity and information possible. ### FID ALM Team - Perform bespoke quantitative analysis for clients (e.g., insurance companies, pension funds, banks, corporations, and sovereigns) to understand and manage cross-asset/liability risk exposures, including interest rates, inflation, equity, and credit. - Use complex simulation models capturing economic, regulatory, and capital risks over time. - Provide insights into potential performance of financial assets, with a focus on economic tail risk, regulatory capital risks, and ESG exposure analysis. - Improve client relationships to win a larger share of clients’ high-margin transactions. ### FID EMEA Sales COO - Gain direct experience working on Morgan Stanley’s Fixed Income trading floor. - Collaborate with Global and European Sales Management on initiatives shaping the client franchise across the EMEA region. - Work across multiple asset classes, including Rates, Credit, Foreign Exchange, Emerging Markets, Securitised Products, and Commodities. - Contribute to strategic projects and work with Sales, Trading, and relevant stakeholders within the bank. - Develop skills relevant to a future career in finance. ## Qualifications - Undergraduate currently studying for a degree where a year in industry is part of the structured course syllabus. - Strong analytical, problem-solving, communication, and interpersonal skills. - Ability to analyze and interpret complex information quickly and accurately. - Financial discipline is not essential, but strong aptitude for numbers is required. ## Application Deadline The deadline for application is Friday 27th November 2026. Morgan Stanley recruits on a rolling basis, so applications are encouraged as soon as possible. Please provide accurate details in the application forms, including an up-to-date CV and cover letter, as applications may not be editable after submission. If editing is permitted, it may cause significant delays to your candidacy. ## What You Can Expect From Morgan Stanley At Morgan Stanley, we raise, manage, and allocate capital for clients to help them reach their goals, and we do so in a differentiated way. Our values—putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back—guide the decisions we make every day for our clients, communities, and employees across 42 countries. You will have the opportunity to work alongside skilled professionals in an environment where you are supported and empowered. Teams collaborate closely and think creatively, drawing on diverse backgrounds and experiences. The Firm also offers attractive and comprehensive employee benefits and perks, along with ample opportunity to move about the business for those who show passion and drive. To learn more about global offices, paste: https://www.morganstanley.com/about-us/global-offices ## Applying to this role This 2027 Sales & Trading Industrial Placement Internship (London) role at Morgan Stanley runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications. 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