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STUDENTS & GRADUATES
2025 Client Engagement Assistant Apprenticeship Programme (London)
Institutional Securities Group
London, United Kingdom
Job # 17720
Application Deadline: Apr 06, 2025
Program Type: Apprenticeship
Program Description
Duration: 18 months Qualification: Level 3 Digital Business Accelerator Join us as an Apprentice at Morgan Stanley and work alongside industry experts gaining valuable on the job training, whilst working towards your qualification. Our Apprenticeship is all about giving you the foundations to kick start your career in a supportive environment, where you can make valuable contributions from the outset and develop both personally & professionally This role sits within the Equity Research Division. The function of the department is to produce market leading in-depth analysis of companies, industries, markets, and world economies. As a client engagement assistant apprentice you will work to assist our research teams in marketing their research content to our vast client base. You will be responsible for coordinating trips worldwide for our analysts to see their clients and directly contribute towards Morgan Stanleys Core Value of Putting Clients First. We're looking for a curious and driven Apprentice who is passionate about building relationships with a variety of different stakeholders whilst having firm control over the day-to-day admin tasks of the research teams. What to Expect: Working collaboratively to assist the teams who create our research Drafting and maintaining an accurate up to date marketing plan Managing and arranging marketing schedules liaising directly with clients Liaising with sales on the coordination and execution of marketing schedules Maintaining distribution lists to ensure content is distributed broadly Supporting our offshore team on admin tasks such as expenses, printing and calendar entries Attend weekly team meetings and provide client updates/information Understand the client base and use tools to improve client engagement Execute group events & conferences Maintaining an up to date workflow and other team documentation Collaborating to ensure diary management and travel accuracy Supporting the team on all new client initiatives Skills Needed: Highly motivated with a can-do attitude Curious with a passion to learn Excellent written & verbal communication skills Team player Ability/desire to develop knowledge of Microsoft Office applications including exceptional Excel skills Highly motivated, and proactive. Able to stay one step ahead and think outside the box Resourceful, reliable, displays good time-management, and enjoys taking the initiative to deliver results Ability to build and sustain enduring professional relationships with individuals across all levels whilst maintaining confidentiality You Must Have: Have achieved GCSE English & Maths 4-9 (C-A) or equivalent Have achieved or be on track to achieve three A levels or equivalent, grade C or above
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Real Estate Investing (Milan)
Investment Management
Milan, Italy
Job # 17638
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Morgan Stanley Real Estate Investing (REI) is Morgan Stanley's integrated global real estate practice. We are the world's leading global real estate investment manager with over 53 billion in real estate assets under management across core, value-added and opportunistic investment vehicles. REI acquires properties, operating companies, and real estate backed departments on a global scale on behalf of our institutional investors. The internship will commence in January 2025 and typically lasts six months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Collecting and synthesizing financial and operating information about potential investment opportunities and industries. Creating financial models. Gathering market data to analyse trends and help value and price transactions. Drafting presentations and memoranda for a wider audience within the Firm. Attending team discussions and partner meetings, where you may be asked to deliver parts of a presentation. QUALIFICATIONS/ SKILLS/ REQUIREMENTS Ability to analyse and interpret complex information quickly and accurately. Strong aptitude for numbers. Ability to communicate complex ideas clearly and succinctly. Temperament that thrives under pressure and changing situations. Strong analytical and numerical skills that put you at ease with financial data Results-driven and able to perform well under pressure and against tight deadlines. Proven team player with the ability to manage a wide range of responsibilities. Committed to excellence in your work and maintain high professional and ethical standards. Fluency in English and in the local language based on the location you are applying for You have graduated from university or able to take the time off to commit for a full time internship role for six months if you are currently in study
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Real Estate Investing (Madrid)
Investment Management
Madrid, Spain
Job # 17627
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Morgan Stanley Real Estate Investing (REI) is Morgan Stanley's integrated global real estate practice. We are the world's leading global real estate investment manager with over 53 billion in real estate assets under management across core, value-added and opportunistic investment vehicles. REI acquires properties, operating companies, and real estate backed departments on a global scale on behalf of our institutional investors. 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 internship will commence by Q2 2025 and typically lasts six months but can vary in length depending on business needs and candidate availability.. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Collecting and synthesizing financial and operating information about potential investment opportunities and industries Creating financial models Gathering market data to analyse trends and help value and price transactions Drafting presentations and memoranda for a wider audience within the Firm Attending team discussions and partner meetings, where you may be asked to deliver parts of a presentation QUALIFICATIONS/ SKILLS/ REQUIREMENTS You have graduated from university or able to take the time off to commit for a full time internship role for six months if you are currently in study Fluency in English and in the local language based on the location you are applying for Ability to analyse and interpret complex information quickly and accurately Strong aptitude for numbers Ability to communicate complex ideas clearly and succinctly Temperament that thrives under pressure and changing situations Strong analytical and numerical skills that put you at ease with financial data Results-driven and able to perform well under pressure and against tight deadlines Proven team player with the ability to manage a wide range of responsibilities. Committed to excellence in your work and maintain high professional and ethical standards
STUDENTS & GRADUATES
2025 - Investment Management Off-cycle Internship - Alternatives Channel Marketing (London)
Investment Management
London, United Kingdom
Job # 19288
Application Deadline: Apr 13, 2025
Program Type: Internship
Program Description
PLACEMENT & DURATION Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has about 1.7 trillion in assets under management or supervision. With 1,396 investment professionals worldwide, and 56 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:equities, fixed income, multi-asset solutions, liquid alternatives and private markets . 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. The internship will commence in July 2025 and typically lasts 6 months with a potential extension to twelve months, subject to the performance. 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 to support development and execution of strategic marketing plans that support MSIM Alternatives Investments platform in the ex-US markets. This role is central to the generation and deployment of communications that differentiate the value proposition of our products and solutions in an effective manner, with the goal of generating demand for our offerings and amplifying our brand among current and prospective clients. Support marketing-related requests from ex-US Sales Establish ex-US Sales alternative product priorities table for 2025 Develop new processes and reports to support the business Develop and produce a suite of email templates for external communications, including new launches, time-bound and ongoing capital raising, thought leadership content, webinars and client-specific and/or industry events. Webcast set-up and production Maintain external and internal events calendar on Monday.com Help coordinate speakers, schedule prep calls etc Collate feedback and analytics on emails and events (could probably combine with the below) Create clear metrics, monitor and report results for events and channel-driven activities to enhance the client and prospect experience. Work with EMEA Channel to establish and maintain an alts-focused media advertising calendar in Monday.com Manage media advertising deliverables Liaise with Alts Product Marketing and other areas of the Morgan Stanley marketing ecosystem to stay current with best practices and ideate new communication tactics and methodologies Assist the Ex-US Alts Channel Marketing lead with ad hoc projects. QUALIFICATIONS/ SKILLS/ REQUIREMENTS You have graduated from university or able to take the time off to commit for a full time internship role for six months if you are currently in study You demonstrate a keen interest in the financial markets You have excellent communication skills You have an excellent academic background and fluency in English You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization You are a self-starter with the ability to work independently You are driven, highly motivated and result-focused You have strong organizational skills with the ability to manage time efficiently and effectively You are detail oriented and have the ability to multi-task and work efficiently within tight time constraints
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Global Sales - Sales Support (Madrid)
Investment Management
Madrid, Spain
Job # 18586
Application Deadline: Apr 13, 2025
Program Type: Internship
Program Description
PLACEMENT AND 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. MSIM Sales teams are responsible for raising capital for investment teams. Sales teams introduce prospective clients to MSIM and present investment capabilities that meet requirements specified by the client. To do this, they must understand client needs, markets and competitors, maintain strong relationships and co-ordinate communication and activities between multiple parts of the organisation. Sales teams are the key points of contact with prospective and existing clients and are the key relationship owners throughout the client lifecycle. Sales provide coverage across the institutional and intermediary channels and are organized geographically: North America, Europe, Middle East and Africa, Latin America, Asia (ex Japan/China), Japan and China. 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 internship will commence in Q2 2025 and lasts twelve months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Work closely with the sales team to prepare business plans, sales channel reporting and analyze financial Profit & Loss (P&L) statements for the business; Maintain detailed knowledge of each clients portfolio accounts and prepare thoughtful investment analysis in determining opportunities for selling investment products; Collaborate with investment teams to understand and best position solutions and capabilities; and work with the marketing team on the creation of industry-leading publications and strategy-focused collateral that resonate with clients. QUALIFICATIONS/ SKILLS/ REQUIREMENTS You will have to be graduated by Q2 2025 and be able to commit for a full-time internship role for twelve months. Proficiency in data analysis tools and programming languages would be desirable as well as strong experience with data visualization tools (Tableau, Power BI or similar). You have outstanding analytical and quantitative skills. You have excellent communication skills, both verbal and written. You have an excellent academic background and fluency in English as well as in the language of the country you are applying for. You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization. You are a self-starter with the ability to work independently. You are driven, highly motivated and results-focused. You have strong organizational skills with the ability to manage time efficiently and effectively. You are detail oriented and have the ability to work efficiently within tight time constraints.
STUDENTS & GRADUATES
2026 Investment Banking Off-Cycle Internship (Johannesburg)
Institutional Securities Group
Johannesburg, South Africa
Job # 19181
Application Deadline: Apr 13, 2025
Program Type: Internship
Program Description
PLACEMENT AND DURATION The Investment Banking Off-cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Banking Division (IBD) by taking on some of the responsibilities and functions of a Full-time Analyst for a short period. The internship typically lasts three to six months, but can vary in length depending on business needs and candidate availability. You will spend your internship assigned to a specific group in a specific region, building basic skills in financial analysis, accounting and valuation, while working on a wide range of domestic and international transactions. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Gathering and synthesising financial and operating information about companies, industries and governments. Creating and updating financial models. Gathering market data to analyse trends and help value and price transactions. Drafting presentations and memoranda for a wider audience within the Firm and the financial services industry. Attending team discussions and client meetings, where you may be asked to deliver parts of a presentation. QUALIFICATIONS/SKILLS/REQUIREMENTS You have strong analytical and numerical skills that put You at ease with financial data. You are results-driven, and perform well under pressure and against tight deadlines. You are a proven team player and can manage a wide range of responsibilities. You have an excellent academic background and fluency in English. Ability to communicate effectively in multiple languages is an advantage. You articulate complex ideas simply and summarise them effectively. You are committed to excellence in your work and maintain high professional and ethical standards. Salary is competitive with excellent benefits.
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Fund Logic (Paris)
Investment Management
Paris, France
Job # 17642
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Fund Logic SAS is the asset management company of the Morgan Stanley Group, approved by the AMF in 2006 and dedicated to the management of systematic funds (index and strategy funds, ETFS, structured funds with capital protection, long/short, multi/cross-asset). Part of Morgan Stanleys Investment Management division (IM), Fund Logics objective is to create tailor-made investment solutions adapted to the needs of institutional investors. Fund Logics asset management philosophy is based on a process of creating innovative products on all types of underlying and respond to any risk profile. The team is made up of 13 people based in Paris. Fund Logic currently manages 9 billion euros in the form of UCITS and alternative funds. 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 internship will commence in June 2025 and lasts six months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects RESPONSIBILITIES Daily support to the portfolio management team (daily valuation of complex derivatives, strategy monitoring, fund valuation) Improvement & development of monitoring and reconciliation tools for the portfolio management team and risk management External coordination with the various fund stakeholders (Fund administrators, Valuation agent, Custodian, Trustee, Auditors) and internally (with risk management and legal services) Update of marketing & investment reporting QUALIFICATIONS/ SKILLS/ REQUIREMENTS You are currently in study and be able to commit for a full-time internship role for six months You have outstanding analytical and quantitative skills. You have excellent communication skills, both verbal and written. You have an excellent academic background and fluency in English as well as French, in full working proficiency You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization. You are a self-starter with the ability to work independently. You are driven, highly motivated and results-focused. You have strong organizational skills with the ability to manage time efficiently and effectively. You are detail oriented and have the ability to work efficiently within tight time constraints. Experience with VBA would be a plus
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Real Estate Investing (Paris)
Investment Management
Paris, France
Job # 17640
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Morgan Stanley Real Estate Investing (REI) is Morgan Stanley's integrated global real estate practice. We are the world's leading global real estate investment manager with over 53 billion in real estate assets under management across core, value-added and opportunistic investment vehicles. REI acquires properties, operating companies, and real estate backed departments on a global scale on behalf of our institutional investors. The French REI team is looking for an Intern to join the local investing and asset management team. The selected candidate will support more senior professionals in the screening of market opportunities for new potential investments, as well as in the day-to-day asset management activities of existing investments. The internship will commence in July 2025 and typically lasts six months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Collecting and synthesizing financial and operating information about potential investment opportunities and industries Creating financial models Gathering market data to analyse trends and help value and price transactions Drafting presentations and memoranda for a wider audience within the Firm Attending team discussions and partner meetings, where you may be asked to deliver parts of a presentation QUALIFICATIONS/ SKILLS/ REQUIREMENTS Fluency in English and in the local language based on the location you are applying for You are currently in study and be able to commit for a full-time internship role for six months Ability to analyse and interpret complex information quickly and accurately Strong aptitude for numbers Ability to communicate complex ideas clearly and succinctly Temperament that thrives under pressure and changing situations Strong analytical and numerical skills that put you at ease with financial data Results-driven and able to perform well under pressure and against tight deadlines Proven team player with the ability to manage a wide range of responsibilities. Committed to excellence in your work and maintain high professional and ethical standards
STUDENTS & GRADUATES
2025 Recursos Humanos, Brasil - Programa de Aprendiz
Company
Sao Paulo, Brazil
Job # 19274
Application Deadline: Apr 14, 2025
Program Type: High School Internship
Program Description
Vaga Jovem Aprendiz em Recursos Humanos Morgan Stanley O Morgan Stanley uma empresa lder global em servios financeiros que oferece uma ampla gama de servios bancrios de investimento, ttulos, gesto de investimentos e gesto de patrimnio. Trabalhamos para oferecer um ambiente de apoio e incluso onde todos os indivduos possam maximizar todo o seu potencial. Nossa fora de trabalho qualificada e criativa composta por indivduos extrados de uma ampla seo transversal das comunidades globais nas quais operamos e que refletem uma variedade de origens, talentos, perspectivas e experincias. Nosso forte compromisso com uma cultura de incluso evidente por meio de nosso foco constante em recrutar, desenvolver e promover indivduos com base em suas habilidades e talentos. Responsabilidades: Demonstrar forte iniciativa, pensamento e soluo de problemas; Forte comunicao verbal e escrita; Adaptabilidade e disposio para aprender; Suporte a equipe de Talent Acquisition Brasil. Requisitos Vaga afirmativa para mulheres e/ou pessoas negras; Ter entre 18 e 21 anos; Disponibilidade para trabalhar presencialmente no escritrio em So Paulo (Av. Brigadeiro Faria Lima, 3600) 4 vezes por semana, e realizar curso de aprendizagem na sexta-feira. Benefcios Bolsa Auxlio ingls; Vale Refeio; Vale Transporte; Plano de Sade.
STUDENTS & GRADUATES
2025 Investment Management Apprenticeship - Global Sales and Marketing (Paris)
Investment Management
Paris, France
Job # 19188
Application Deadline: Apr 14, 2025
Program Type: Apprenticeship
Program Description
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. MSIM Sales teams are responsible for raising capital for investment teams. Sales teams introduce prospective clients to MSIM and present investment capabilities that meet requirements specified by the client. To do this, they must understand client needs, markets and competitors, maintain strong relationships and co-ordinate communication and activities between multiple parts of the organisation. Sales teams are the key points of contact with prospective and existing clients and are the key relationship owners throughout the client lifecycle. Sales provide coverage across the institutional and intermediary channels and are organized geographically: North America, Europe, Middle East and Africa, Latin America, Asia (ex Japan/China), Japan and China. The Apprenticeship 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. The programme will commence in July 2025 and typically lasts twelve months. Training program You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. Responsibilities Include: Preparation of pitch books, client due diligence or market research to support senior sales people in their client interactions; Sourcing and providing relevant material to service prospective and existing clients who may require performance reviews and fund analysis; Liaise between clients and internal business units to ensure operational, legal and reporting needs are met; Responsible for the maintenance of client records, sales pipeline, marketing distribution lists, client mapping and sales reports. Qualifications/ Skills/ Requirements You are currently in study and be able to commit for this apprenticeship role for twelve months You have outstanding analytical and quantitative skills. You have excellent communication skills, both verbal and written. You have an excellent academic background and fluency in English as well as in the language of the country you are applying for. You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization. You are a self-starter with the ability to work independently. You are driven, highly motivated and results-focused. You have strong organizational skills with the ability to manage time efficiently and effectively. You are detail oriented and have the ability to work efficiently within tight time constraints.
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2025 Client Engagement Assistant Apprenticeship Programme (London)
Institutional Securities Group
London, United Kingdom
Job # 17720
Application Deadline: Apr 06, 2025
Program Type: Apprenticeship
Program Description
Duration: 18 months Qualification: Level 3 Digital Business Accelerator Join us as an Apprentice at Morgan Stanley and work alongside industry experts gaining valuable on the job training, whilst working towards your qualification. Our Apprenticeship is all about giving you the foundations to kick start your career in a supportive environment, where you can make valuable contributions from the outset and develop both personally & professionally This role sits within the Equity Research Division. The function of the department is to produce market leading in-depth analysis of companies, industries, markets, and world economies. As a client engagement assistant apprentice you will work to assist our research teams in marketing their research content to our vast client base. You will be responsible for coordinating trips worldwide for our analysts to see their clients and directly contribute towards Morgan Stanleys Core Value of Putting Clients First. We're looking for a curious and driven Apprentice who is passionate about building relationships with a variety of different stakeholders whilst having firm control over the day-to-day admin tasks of the research teams. What to Expect: Working collaboratively to assist the teams who create our research Drafting and maintaining an accurate up to date marketing plan Managing and arranging marketing schedules liaising directly with clients Liaising with sales on the coordination and execution of marketing schedules Maintaining distribution lists to ensure content is distributed broadly Supporting our offshore team on admin tasks such as expenses, printing and calendar entries Attend weekly team meetings and provide client updates/information Understand the client base and use tools to improve client engagement Execute group events & conferences Maintaining an up to date workflow and other team documentation Collaborating to ensure diary management and travel accuracy Supporting the team on all new client initiatives Skills Needed: Highly motivated with a can-do attitude Curious with a passion to learn Excellent written & verbal communication skills Team player Ability/desire to develop knowledge of Microsoft Office applications including exceptional Excel skills Highly motivated, and proactive. Able to stay one step ahead and think outside the box Resourceful, reliable, displays good time-management, and enjoys taking the initiative to deliver results Ability to build and sustain enduring professional relationships with individuals across all levels whilst maintaining confidentiality You Must Have: Have achieved GCSE English & Maths 4-9 (C-A) or equivalent Have achieved or be on track to achieve three A levels or equivalent, grade C or above
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Real Estate Investing (Milan)
Investment Management
Milan, Italy
Job # 17638
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Morgan Stanley Real Estate Investing (REI) is Morgan Stanley's integrated global real estate practice. We are the world's leading global real estate investment manager with over 53 billion in real estate assets under management across core, value-added and opportunistic investment vehicles. REI acquires properties, operating companies, and real estate backed departments on a global scale on behalf of our institutional investors. The internship will commence in January 2025 and typically lasts six months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Collecting and synthesizing financial and operating information about potential investment opportunities and industries. Creating financial models. Gathering market data to analyse trends and help value and price transactions. Drafting presentations and memoranda for a wider audience within the Firm. Attending team discussions and partner meetings, where you may be asked to deliver parts of a presentation. QUALIFICATIONS/ SKILLS/ REQUIREMENTS Ability to analyse and interpret complex information quickly and accurately. Strong aptitude for numbers. Ability to communicate complex ideas clearly and succinctly. Temperament that thrives under pressure and changing situations. Strong analytical and numerical skills that put you at ease with financial data Results-driven and able to perform well under pressure and against tight deadlines. Proven team player with the ability to manage a wide range of responsibilities. Committed to excellence in your work and maintain high professional and ethical standards. Fluency in English and in the local language based on the location you are applying for You have graduated from university or able to take the time off to commit for a full time internship role for six months if you are currently in study
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Real Estate Investing (Madrid)
Investment Management
Madrid, Spain
Job # 17627
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Morgan Stanley Real Estate Investing (REI) is Morgan Stanley's integrated global real estate practice. We are the world's leading global real estate investment manager with over 53 billion in real estate assets under management across core, value-added and opportunistic investment vehicles. REI acquires properties, operating companies, and real estate backed departments on a global scale on behalf of our institutional investors. 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 internship will commence by Q2 2025 and typically lasts six months but can vary in length depending on business needs and candidate availability.. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Collecting and synthesizing financial and operating information about potential investment opportunities and industries Creating financial models Gathering market data to analyse trends and help value and price transactions Drafting presentations and memoranda for a wider audience within the Firm Attending team discussions and partner meetings, where you may be asked to deliver parts of a presentation QUALIFICATIONS/ SKILLS/ REQUIREMENTS You have graduated from university or able to take the time off to commit for a full time internship role for six months if you are currently in study Fluency in English and in the local language based on the location you are applying for Ability to analyse and interpret complex information quickly and accurately Strong aptitude for numbers Ability to communicate complex ideas clearly and succinctly Temperament that thrives under pressure and changing situations Strong analytical and numerical skills that put you at ease with financial data Results-driven and able to perform well under pressure and against tight deadlines Proven team player with the ability to manage a wide range of responsibilities. Committed to excellence in your work and maintain high professional and ethical standards
STUDENTS & GRADUATES
2025 - Investment Management Off-cycle Internship - Alternatives Channel Marketing (London)
Investment Management
London, United Kingdom
Job # 19288
Application Deadline: Apr 13, 2025
Program Type: Internship
Program Description
PLACEMENT & DURATION Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, has about 1.7 trillion in assets under management or supervision. With 1,396 investment professionals worldwide, and 56 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:equities, fixed income, multi-asset solutions, liquid alternatives and private markets . 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. The internship will commence in July 2025 and typically lasts 6 months with a potential extension to twelve months, subject to the performance. 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 to support development and execution of strategic marketing plans that support MSIM Alternatives Investments platform in the ex-US markets. This role is central to the generation and deployment of communications that differentiate the value proposition of our products and solutions in an effective manner, with the goal of generating demand for our offerings and amplifying our brand among current and prospective clients. Support marketing-related requests from ex-US Sales Establish ex-US Sales alternative product priorities table for 2025 Develop new processes and reports to support the business Develop and produce a suite of email templates for external communications, including new launches, time-bound and ongoing capital raising, thought leadership content, webinars and client-specific and/or industry events. Webcast set-up and production Maintain external and internal events calendar on Monday.com Help coordinate speakers, schedule prep calls etc Collate feedback and analytics on emails and events (could probably combine with the below) Create clear metrics, monitor and report results for events and channel-driven activities to enhance the client and prospect experience. Work with EMEA Channel to establish and maintain an alts-focused media advertising calendar in Monday.com Manage media advertising deliverables Liaise with Alts Product Marketing and other areas of the Morgan Stanley marketing ecosystem to stay current with best practices and ideate new communication tactics and methodologies Assist the Ex-US Alts Channel Marketing lead with ad hoc projects. QUALIFICATIONS/ SKILLS/ REQUIREMENTS You have graduated from university or able to take the time off to commit for a full time internship role for six months if you are currently in study You demonstrate a keen interest in the financial markets You have excellent communication skills You have an excellent academic background and fluency in English You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization You are a self-starter with the ability to work independently You are driven, highly motivated and result-focused You have strong organizational skills with the ability to manage time efficiently and effectively You are detail oriented and have the ability to multi-task and work efficiently within tight time constraints
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Global Sales - Sales Support (Madrid)
Investment Management
Madrid, Spain
Job # 18586
Application Deadline: Apr 13, 2025
Program Type: Internship
Program Description
PLACEMENT AND 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. MSIM Sales teams are responsible for raising capital for investment teams. Sales teams introduce prospective clients to MSIM and present investment capabilities that meet requirements specified by the client. To do this, they must understand client needs, markets and competitors, maintain strong relationships and co-ordinate communication and activities between multiple parts of the organisation. Sales teams are the key points of contact with prospective and existing clients and are the key relationship owners throughout the client lifecycle. Sales provide coverage across the institutional and intermediary channels and are organized geographically: North America, Europe, Middle East and Africa, Latin America, Asia (ex Japan/China), Japan and China. 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 internship will commence in Q2 2025 and lasts twelve months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Work closely with the sales team to prepare business plans, sales channel reporting and analyze financial Profit & Loss (P&L) statements for the business; Maintain detailed knowledge of each clients portfolio accounts and prepare thoughtful investment analysis in determining opportunities for selling investment products; Collaborate with investment teams to understand and best position solutions and capabilities; and work with the marketing team on the creation of industry-leading publications and strategy-focused collateral that resonate with clients. QUALIFICATIONS/ SKILLS/ REQUIREMENTS You will have to be graduated by Q2 2025 and be able to commit for a full-time internship role for twelve months. Proficiency in data analysis tools and programming languages would be desirable as well as strong experience with data visualization tools (Tableau, Power BI or similar). You have outstanding analytical and quantitative skills. You have excellent communication skills, both verbal and written. You have an excellent academic background and fluency in English as well as in the language of the country you are applying for. You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization. You are a self-starter with the ability to work independently. You are driven, highly motivated and results-focused. You have strong organizational skills with the ability to manage time efficiently and effectively. You are detail oriented and have the ability to work efficiently within tight time constraints.
STUDENTS & GRADUATES
2026 Investment Banking Off-Cycle Internship (Johannesburg)
Institutional Securities Group
Johannesburg, South Africa
Job # 19181
Application Deadline: Apr 13, 2025
Program Type: Internship
Program Description
PLACEMENT AND DURATION The Investment Banking Off-cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Banking Division (IBD) by taking on some of the responsibilities and functions of a Full-time Analyst for a short period. The internship typically lasts three to six months, but can vary in length depending on business needs and candidate availability. You will spend your internship assigned to a specific group in a specific region, building basic skills in financial analysis, accounting and valuation, while working on a wide range of domestic and international transactions. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Gathering and synthesising financial and operating information about companies, industries and governments. Creating and updating financial models. Gathering market data to analyse trends and help value and price transactions. Drafting presentations and memoranda for a wider audience within the Firm and the financial services industry. Attending team discussions and client meetings, where you may be asked to deliver parts of a presentation. QUALIFICATIONS/SKILLS/REQUIREMENTS You have strong analytical and numerical skills that put You at ease with financial data. You are results-driven, and perform well under pressure and against tight deadlines. You are a proven team player and can manage a wide range of responsibilities. You have an excellent academic background and fluency in English. Ability to communicate effectively in multiple languages is an advantage. You articulate complex ideas simply and summarise them effectively. You are committed to excellence in your work and maintain high professional and ethical standards. Salary is competitive with excellent benefits.
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Fund Logic (Paris)
Investment Management
Paris, France
Job # 17642
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Fund Logic SAS is the asset management company of the Morgan Stanley Group, approved by the AMF in 2006 and dedicated to the management of systematic funds (index and strategy funds, ETFS, structured funds with capital protection, long/short, multi/cross-asset). Part of Morgan Stanleys Investment Management division (IM), Fund Logics objective is to create tailor-made investment solutions adapted to the needs of institutional investors. Fund Logics asset management philosophy is based on a process of creating innovative products on all types of underlying and respond to any risk profile. The team is made up of 13 people based in Paris. Fund Logic currently manages 9 billion euros in the form of UCITS and alternative funds. 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 internship will commence in June 2025 and lasts six months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects RESPONSIBILITIES Daily support to the portfolio management team (daily valuation of complex derivatives, strategy monitoring, fund valuation) Improvement & development of monitoring and reconciliation tools for the portfolio management team and risk management External coordination with the various fund stakeholders (Fund administrators, Valuation agent, Custodian, Trustee, Auditors) and internally (with risk management and legal services) Update of marketing & investment reporting QUALIFICATIONS/ SKILLS/ REQUIREMENTS You are currently in study and be able to commit for a full-time internship role for six months You have outstanding analytical and quantitative skills. You have excellent communication skills, both verbal and written. You have an excellent academic background and fluency in English as well as French, in full working proficiency You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization. You are a self-starter with the ability to work independently. You are driven, highly motivated and results-focused. You have strong organizational skills with the ability to manage time efficiently and effectively. You are detail oriented and have the ability to work efficiently within tight time constraints. Experience with VBA would be a plus
STUDENTS & GRADUATES
2025 Investment Management Off-cycle Internship - Real Estate Investing (Paris)
Investment Management
Paris, France
Job # 17640
Application Deadline: Apr 13, 2025
Program Type: Internship
Program 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. Morgan Stanley Real Estate Investing (REI) is Morgan Stanley's integrated global real estate practice. We are the world's leading global real estate investment manager with over 53 billion in real estate assets under management across core, value-added and opportunistic investment vehicles. REI acquires properties, operating companies, and real estate backed departments on a global scale on behalf of our institutional investors. The French REI team is looking for an Intern to join the local investing and asset management team. The selected candidate will support more senior professionals in the screening of market opportunities for new potential investments, as well as in the day-to-day asset management activities of existing investments. The internship will commence in July 2025 and typically lasts six months. TRAINING PROGRAM You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. RESPONSIBILITIES Collecting and synthesizing financial and operating information about potential investment opportunities and industries Creating financial models Gathering market data to analyse trends and help value and price transactions Drafting presentations and memoranda for a wider audience within the Firm Attending team discussions and partner meetings, where you may be asked to deliver parts of a presentation QUALIFICATIONS/ SKILLS/ REQUIREMENTS Fluency in English and in the local language based on the location you are applying for You are currently in study and be able to commit for a full-time internship role for six months Ability to analyse and interpret complex information quickly and accurately Strong aptitude for numbers Ability to communicate complex ideas clearly and succinctly Temperament that thrives under pressure and changing situations Strong analytical and numerical skills that put you at ease with financial data Results-driven and able to perform well under pressure and against tight deadlines Proven team player with the ability to manage a wide range of responsibilities. Committed to excellence in your work and maintain high professional and ethical standards
STUDENTS & GRADUATES
2025 Recursos Humanos, Brasil - Programa de Aprendiz
Company
Sao Paulo, Brazil
Job # 19274
Application Deadline: Apr 14, 2025
Program Type: High School Internship
Program Description
Vaga Jovem Aprendiz em Recursos Humanos Morgan Stanley O Morgan Stanley uma empresa lder global em servios financeiros que oferece uma ampla gama de servios bancrios de investimento, ttulos, gesto de investimentos e gesto de patrimnio. Trabalhamos para oferecer um ambiente de apoio e incluso onde todos os indivduos possam maximizar todo o seu potencial. Nossa fora de trabalho qualificada e criativa composta por indivduos extrados de uma ampla seo transversal das comunidades globais nas quais operamos e que refletem uma variedade de origens, talentos, perspectivas e experincias. Nosso forte compromisso com uma cultura de incluso evidente por meio de nosso foco constante em recrutar, desenvolver e promover indivduos com base em suas habilidades e talentos. Responsabilidades: Demonstrar forte iniciativa, pensamento e soluo de problemas; Forte comunicao verbal e escrita; Adaptabilidade e disposio para aprender; Suporte a equipe de Talent Acquisition Brasil. Requisitos Vaga afirmativa para mulheres e/ou pessoas negras; Ter entre 18 e 21 anos; Disponibilidade para trabalhar presencialmente no escritrio em So Paulo (Av. Brigadeiro Faria Lima, 3600) 4 vezes por semana, e realizar curso de aprendizagem na sexta-feira. Benefcios Bolsa Auxlio ingls; Vale Refeio; Vale Transporte; Plano de Sade.
STUDENTS & GRADUATES
2025 Investment Management Apprenticeship - Global Sales and Marketing (Paris)
Investment Management
Paris, France
Job # 19188
Application Deadline: Apr 14, 2025
Program Type: Apprenticeship
Program Description
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. MSIM Sales teams are responsible for raising capital for investment teams. Sales teams introduce prospective clients to MSIM and present investment capabilities that meet requirements specified by the client. To do this, they must understand client needs, markets and competitors, maintain strong relationships and co-ordinate communication and activities between multiple parts of the organisation. Sales teams are the key points of contact with prospective and existing clients and are the key relationship owners throughout the client lifecycle. Sales provide coverage across the institutional and intermediary channels and are organized geographically: North America, Europe, Middle East and Africa, Latin America, Asia (ex Japan/China), Japan and China. The Apprenticeship 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. The programme will commence in July 2025 and typically lasts twelve months. Training program You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. Responsibilities Include: Preparation of pitch books, client due diligence or market research to support senior sales people in their client interactions; Sourcing and providing relevant material to service prospective and existing clients who may require performance reviews and fund analysis; Liaise between clients and internal business units to ensure operational, legal and reporting needs are met; Responsible for the maintenance of client records, sales pipeline, marketing distribution lists, client mapping and sales reports. Qualifications/ Skills/ Requirements You are currently in study and be able to commit for this apprenticeship role for twelve months You have outstanding analytical and quantitative skills. You have excellent communication skills, both verbal and written. You have an excellent academic background and fluency in English as well as in the language of the country you are applying for. You are a strong team player; ability to collaborate with colleagues across MSIM and the broader organization. You are a self-starter with the ability to work independently. You are driven, highly motivated and results-focused. You have strong organizational skills with the ability to manage time efficiently and effectively. You are detail oriented and have the ability to work efficiently within tight time constraints.
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