2027 Corporate Treasury Industrial Placement Programme (London)

Corporate Treasury Industrial Placement Program

In the Corporate Treasury division, we source, manage and protect Morgan Stanley’s vital liquidity, funding and capital resources. This enables the Firm’s core businesses to meet their commercial objectives while maintaining a focus on efficient resource usage.

Since 1935, Morgan Stanley has been a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries worldwide.

Placement Details

The Corporate Treasury Industrial Placement Program is for students in their penultimate year of university who are studying a course that includes a year in industry.

The program will begin in June 2027 and run for 13 months. Students will be placed into one of five functional Treasury teams, spending the majority of their placement with that team. Placement students will also work with other Treasury teams to gain a holistic understanding of how the wider Treasury department operates.

Functional teams include:

• Liquidity
• Capital
• Funding
• Legal Entity Management
• Recovery & Resolution Planning (RRP)

During the placement, you will gain insight into how the Firm meets new and existing regulatory requirements, adapts to market volatility and stress scenarios, and plans for strategic change. Corporate Treasury works closely with broader Finance, the Risk Division, the Business Units (Institutional Securities Group) and senior Firm management.

Training Programme

Training begins with a Firmwide induction along with peers from other divisions. This is followed by four days of classroom-based product and technical training.

Industrial Placement students also receive considerable on-the-job training, including:

• A series of education sessions
• Treasury-wide meetings
• Networking events
• Work-shadowing opportunities

Role and Responsibilities

As an Industrial Placement Programme participant, your responsibilities may include:

• Distilling and coordinating information for presentations and proposals for various Firm governance committees and Senior Management
• Presenting your work and responding to queries at regional and global meetings
• Contributing to strategic projects such as process improvement, automation and simplification
• Providing ad hoc analytical support across the Treasury team
• Building effective working relationships with key stakeholders within Corporate Treasury and across Firm Risk Management, Bank Resource Management, Business Units, Finance, Operations and Technology

Depending on which Treasury team you are placed in, responsibilities may also include:

• Analysing and understanding the drivers of capital, liquidity and funding resources and requirements for Morgan Stanley entities in Europe, the Middle East and Africa (EMEA)
• Monitoring interest rate and Foreign Exchange (FX) risks, and proposing hedging actions to reduce risk exposure
• Overseeing unsecured funding issuances (Structured Notes), including approval of products used, pricing and identifying opportunities to increase automation of the workflow
• Supporting the definition and execution of the Firm’s Legal Entity Strategy across EMEA, including determining where the Firm should consider opening legal entities or branches and how these should be structured
• Supporting the Firm’s testing and assurance framework to ensure Morgan Stanley can respond and survive periods of financial stress (Recovery and Resolution Planning (RRP))
• Supporting the development of regulatory deliverables such as the Internal Capital Adequacy Assessment Process (ICAAP) and Internal Liquidity Adequacy Assessment Process (ILAAP)

Qualifications and Skills

• You are a penultimate year undergraduate student with a year in industry as a compulsory or optional element of your degree, and you are on track for at least a 2.1 honours or equivalent
• A desire to work in Corporate Treasury, particularly within the financial services industry
• Strong attention to detail and the ability to manage competing priorities
• Excellent written and verbal communication skills in English
• Ability to analyse and synthesize a variety of data to produce clear, well-designed summaries and reports
• Aptitude for solving problems and developing efficient processes
• Ability to use Microsoft PowerPoint, Excel and Word

We recruit on an ongoing basis, so early application is encouraged.

What You Can Expect from Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients—helping them reach their goals 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 more than 80,000 employees in 1,200 offices across 42 countries.

You will have the opportunity to work alongside talented colleagues in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, powered by diverse backgrounds and experiences.

We also offer employee benefits and perks, as well as 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, copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.