Credit Research Analyst / Associate

Credit Research Analyst / Associate

Apply locations 1585 Broadway- NY time type Full time posted on Posted Yesterday job requisition id JR001928

Description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Research

Morgan Stanley Investment Research is uniquely committed to being an essential part of our clients' investment process. We strive to be the sell-side research provider that best understands the buy side. Through relevant and timely conversations with leading investors, we focus resources on risk-reward essentials: identifying the investor debates, assessing the potential outcomes, and uncovering the evidence our clients need to validate their investment decisions. Our equity analysts cover some 2,900 stocks; our economists, strategists and fixed income analysts cover all major regions and other asset classes around the globe.

The firm is searching for an Analyst/Associate to join our U.S. Sector Corporate Credit Research team within Fixed Income Research. A new team member would be part of the US Sector Corporate Credit Research team, assisting in covering the Consumer Retail sector.

Primary Responsibilities

1. Follow industry developments, competitive dynamics, and financial trends through earnings reports and industry conferences, and analyze implications.
2. Create and maintain credit models including analysis of financials, capital and organizational structures.
3. Publish thought-leading research, from short reaction notes to deep dives.
4. Collaborate with Equity Research teams and broader Fixed Income Research.
5. Provide insights to institutional investor clients, as well as Morgan Stanley IG, HY, Equity and Wealth mgmt sales forces.
6. Maintain dialogue with internal trading teams around breaking news and market moves.
7. Develop and maintain relationships with company investor relations and management teams, as well as ratings agencies.
8. Assist with trade recommendation changes and learn about valuation.

Qualifications - External

1. A minimum of 2+ years experience with company/valuation analysis, and/or credit markets experience, from roles such as equity research, banking, capital markets, sales/trading, risk. Credit research experience or TMT industry knowledge a plus.
2. Passion to help a burgeoning credit research franchise.
3. Advanced Excel and financial model/statement proficiency.
4. Writing and presentation experience, demonstrating an ability to communicate clearly and concisely.
5. Candidates are expected to be proactive, collaborative and curious, with an attention to detail and the ability to multi-task and work well under pressure.

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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. 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.

We're committed to bringing passion and customer focus to the business.

Expected base pay rates for the role will be between $110,000 and $125,000 per year for Analyst, and between $150,000 and $200,000 per year for Associate, 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).