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2026 Investment Management Off-cycle Internship - Risk Management (London) - Studentjob.co.uk

London
Posted about 16 hours ago
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2026 Investment Management Off-cycle Internship - Risk Management (London)

City

London

Education Level

  • Bachelor's Degree
  • Master's Degree

Business Unit

Investment Management

Job Description

PLACEMENT & DURATION

Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has about $1.5 trillion in assets under management or supervision. With 1,419 investment professionals worldwide, and 55 offices in 24 countries, Morgan Stanley Investment Management is able to provide in-depth local knowledge and expertise while channelling the strength of our global presence and resources. To support the delivery of tailored, value-added investment solutions to clients our investment teams are organized by capability: Solutions & Multi-Asset, Real Assets, Active Fundamental Equity, Private Credit & Equity, Global Fixed Income, and Global Liquidity. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

The Off-Cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Management Division by taking on some of the responsibilities and functions of a Full-time Analyst for a short period. This internship will offer you an exciting and a dynamic work environment where you get to work alongside our diverse group of experienced professionals. The work that you do will be interesting and varied.

The Risk Management Team within MSIM is responsible for identifying, assessing, managing and monitoring risk across Investment Management and providing reporting and analysis for clients, regulators, Investment Management and Firm Management. Global Risk & Analysis is divided into three primary functions:

  • Investment risk groups (Equity, Fixed Income, Alternatives and Cross-Asset) have responsibility for management of investment risk across their respective asset classes
  • Operational risk identifies, assesses and monitors operational risk across Investment Management and works both with the investment teams and control functions to mitigate that risk
  • Quantitative risk develops and validates models used for portfolio construction, valuation, and risk measurement across Investment Management

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

P

Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

The internship will commence in September 2026 and typically lasts twelve months. This internship will offer you an exciting and a dynamic work environment where you get to work alongside our diverse group of experienced professionals. The work that you do will be interesting and varied.

TRAINING PROGRAM

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects.

Responsibilities

Interns will have the opportunity to develop and master the analytical, quantitative, and interpersonal skills they will need to succeed. Interns will learn to employ the skills fundamental to risk management for an asset management firm, including:

  • Support operational and data risk programs across the division
  • Contribute to risk assessments, control reviews, and remediation tracking
  • Analyse operational risk incidents, data issues, and control gaps to identify trends and root causes
  • Build and maintain risk dashboards, KPIs, and analytical reporting
  • Prepare and enhance risk governance materials for senior management and committees
  • Identify opportunities to improve NFR and Data Risk processes, including the use of data, automation, and AI
  • Support early-stage AI initiatives related to risk and data, including requirements gathering, data analysis, and proof-of-concept testing

Qualifications/ Skills/ Requirements

  • Recent graduate or currently studying and available to commit to a full-time internship for up to twelve months
  • Quantitative or data-focused academic background (e.g. Data analytics, statistics, engineering, computer science, economics, finance)
  • Strong interest in the Asset Management industry and Risk Management
  • Advanced analytical and quantitative skills, with strong attention to detail
  • Fluency in English with excellent verbal and written communication skills
  • Ability to manage dynamic priorities in a fast-paced environment
  • Enthusiastic, self-motivated, and a collaborative team player

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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. To learn more about our offices across the globe, please copy and paste into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit:.

Job Level

Intern

Program

Off-Cycle Internship

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Skills

Analytical Skills
Quantitative Skills
Attention to Detail
Communication Skills
Team Collaboration
Data Analysis
Risk Management
Operational Risk
Control Reviews
Dashboard Creation
AI Initiatives
Problem Solving
Trend Identification
Root Cause Analysis
KPI Development

Location

London, England, United Kingdom

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