2027 Machine Learning Research Associate Program - PhD (New York)

Morgan Stanley

New York, NY

JOB DETAILS
SALARY
$170,000–$185,000 Per Year
SKILLS
Algorithms, C Programming Language, C++ Programming Language, Chemistry, Coaching, Communication Skills, Community and Social Services, Computer Programming, Computer Science, Finance, Financial Mathematics, Java, Machine Learning, Mathematics, Mentoring, Networking Events, Organizational Skills, Physics, Python Programming/Scripting Language, Quantitative Research, R Programming Language, Statistical Learning Theory, Statistics, Stock Market, Team Player, Technical Research, Training/Teaching
LOCATION
New York, NY
POSTED
6 days ago

2027 Machine Learning Research Associate Program - PhD (New York)

City

New York

Education Level

Doctorate Degree

Business Unit

Technology

Job description

The Technology Machine Learning Research Summer Internship is an intensive 10-week program that provides Summer Associates the opportunity to work alongside Full-Time Finance professionals and ML specialists on impactful applied research projects. Summer Associates will work within Morgan Stanley's Machine Learning Research Team for the entirety of the program. This is a highly motivated and collaborative team of scientists, technologists, and market practitioners. This team is responsible for working with business units and technology teams across the entire Firm to solve mission-critical high impact problems. The multi-faceted program features senior quant teach-in sessions, divisional speaker series, networking events, and community service. With individual coaching and continuous feedback, the program enables Summer Associates to experience and understand what a long-term career in ML Research within the Firm entails.

Summer Associates will receive individualized on-the-job training as they begin their daily work and projects. Summer Associates will have a direct manager, as well as a program mentor, both of whom will act as invaluable resources throughout their time at Morgan Stanley.

Role and Responsibilities:

  • Independently tackle previously unsolved research problems that have commercial applications.
  • Machine Learning and other advanced quantitative methods in every line of business; the purpose of the central ML Research team is to create custom algorithms and tailored solutions.
  • Leverage the technical expertise and research acumen you have been cultivating in your academic careers, and apply it to real-world financial and operating problems. (Successful candidates will have experience in conducting creative, hands-on, high-impact quantitative research.)

Qualifications and Skills:

  • You are pursuing a PhD degree in Computer Science, Mathematics, Physics, Statistics, Chemistry, Financial Engineering, Financial Math, Engineering, Quantitative Finance, or other related quantitative field
  • You have a deep understanding of statistical learning methods and strong mathematical academic training
  • You have excellent programming skills in Python or R, (C, C++, Java, etc. is a plus)
  • You have a keen interest in financial markets
  • You have the drive and desire to work in an intense team-oriented environment
  • You have strong communication and organizational skills
  • Track record of publishing in competitive venues is highly sought after
  • Broad experience across multiple fields is a plus

Expected base pay rates for the role will be between $170,000 and $185,000 per year 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 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: https://www.morganstanley.com/people-opportunities/eeo.

Job Level

Summer Associate

Program

Summer Associate

About the Company

M

Morgan Stanley

Morgan Stanley is a global financial services firm offering a complete range of financial services to a large and diversified group of clients and customers, including governments, corporations, institutions and individuals throughout the world. The talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity and excellence. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and to grow.

COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
FOUNDED
1935
WEBSITE
http://www.morganstanley.com