Global Capital Markets - Balance Sheet Solutions (FICM) Associate

Job Level

Associate 4 (Program)

Morgan Stanley’s Banking Group provides industry, regional and product expertise to corporations, institutions and government clients in order to develop and execute innovative and customized solutions to the most challenging strategic and financing issues faced in the global marketplace. The Banking Group is comprised of a number of industry groups which work closely with product team members in Mergers & Acquisitions, Global Capital Markets, Real Estate, and other industry groups throughout the Firm to provide relevant market insight, product creativity, and execution expertise to clients. These solutions include initial public offerings; public and private equity and equity-linked financings; mergers, acquisitions and restructurings; defense advisory assignments; strategic partnerships; public and private debt placements; share repurchases; and hedging, swaps and derivative transactions.

When clients need capital, Global Capital Markets (GCM) responds with market judgments and ingenuity. Whether executing an IPO, a debt offering or a leveraged buyout, GCM integrates Morgan Stanley’s expertise in Sales and Trading and Investment Banking, offering clients seamless advice and sophisticated solutions. GCM originates, structures and executes public and private placement of equities, investment-grade and noninvestment-grade debt and related products. The group provides fresh ideas and broad distribution to help clients get the most out of each stage of a transaction, and continually develops capital markets solutions to enable clients to mitigate strategic, operational, credit and market risks. Balance Sheet Solutions is a product agnostic team within our GCM division, working with financial institution clients to optimize their balance sheet across profitability, capital, interest rate risk, funding & liquidity.

Key Responsibilities

• Coordinate with Investment Banking team to identify opportunities for balance sheet optimization, both in M&A context but also in regular way dialogue
• Design tailored solutions for our clients based on the modeling and analytics conducted including compelling business development and client materials
• Run detailed, client-specific, analysis for clients
• Present model results and analysis to clients in a compelling and concise manner to inform their decision making with respect to a transaction
• Develop a knowledge base across a number of product verticals across the balance sheet
• Coordinate with internal business units to source new business opportunities, manage active transaction pipeline

Qualifications

• You have an ability to manage multiple projects, provide complicated financial analysis, and develop appropriate corporate finance solutions.
• Experience in Investment Banking, Capital Markets, and/or Corporate Finance
• Extraordinarily high level of motivation and commitment to working hard
• Extraordinarily high level of focus on work quality and attention to detail
• Strong written and verbal communication skills
• Commercial instinct and ability to perform under pressure and tight deadlines
• Interest in developing a career in Global Capital Markets
• Series licensing or must obtain

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.

Expected base pay rates for the role will be between $150,000 and $225,000 per year for Associate, and $275,000 per year for VP, 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.