Associate, Banking

Morgan Stanley Group; New York (NY); On-site; USD 203,000 - 248,000; Full time

Benefits offered by this job

Competitive compensation

Employee benefits

Diversity and inclusion

Job summary

Morgan Stanley in New York seeks an Associate in Banking to provide financial advisory services related to mergers and acquisitions to a diverse client base. You will create transaction structures and coordinate due diligence processes across multiple parties.

You will perform valuations (DCF, comps, precedent transactions, LBO) and prepare marketing materials, supporting senior stakeholders with investor outreach and cross-border transaction experience.

Qualifications

• Bachelor’s degree in Economics, Finance, Business Administration, or a related field.
• Two or more years of experience in a similar role or as an analyst.
• Experience applying accounting to income statements, balance sheets, cash flow and working capital.
• Experience performing valuation analyses (DCF, comps, precedent transactions, LBO, sum-of-the-parts).
• Ability to draft memoranda and presentations; proficient in Excel, PowerPoint, and data room tools.

Responsibilities

• Provide financial advisory services related to mergers and acquisitions for diverse clients.
• Create transaction structures and coordinate due diligence with multiple parties.
• Perform valuation analyses and build merger models to assess ownership and earnings impact.
• Prepare marketing materials and assist senior stakeholders with investor outreach and presentations.

Skills

Financial modeling

DCF analysis

Comparable analysis

LBO analysis

Merger modeling

Excel proficiency

PowerPoint proficiency

Data room experience

Cross-border transactions

Financial statement analysis

Stakeholder coordination

Education

Bachelor’s in Economics

Bachelor’s in Finance

Bachelor’s in Business Administration

Tools

S&P Capital IQ

Bloomberg

Mergermarket

Deal Point Data

Intralinks

Datasite

Excel

PowerPoint

Job description

Company Profile: Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, 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. In the Investment Banking division, we offer Global expertise in market analysis and in advisory and capital-raising services for corporations, institutions, and governments.

What you’ll do in the role:

Morgan Stanley & Co. LLC is seeking an Associate, Banking in New York, New York to Provide financial advisory services related to mergers and acquisitions to various clients. Create transaction structures that address key concerns faced by the client. Coordinate various parties to ensure due diligence process utilizing proprietary Firm processes. Perform various financial and valuation analysis, including discounted cash flow (DCF), comparable companies, precedent transaction analysis, leveraged buyout (LBO) analysis, and merger modeling. Prepare marketing materials including Teaser, Confidential Investment Memorandum, and Management Presentation. Support senior stakeholders with investor outreach. Leverage experience with cross-border transactions.

What you’ll bring to the role:

• Requires a Bachelor’s in Economics, Finance, Business Administration, or a related field of study.
• Requires two (2) years of experience in the position offered or two (2) years as an Analyst, or a closely related occupation.
• Requires two (2) years of experience with the following skills: Applying accounting principles to analyze income statements, balance sheets, cash flow statements, working capital, revenue trends, profitability, and leverage; Analyzing capital structure, cost of capital, financing alternatives, shareholder value creation, and transaction rationale; Performing valuation analyses using discounted cash flow, discounted equity value, public company trading comparables, precedent transaction, leveraged buyout, and sum-of-the-parts methodologies; Preparing merger models to assess pro forma ownership, accretion and dilution, purchase accounting adjustments, transaction synergies, financing assumptions, and impact on earnings, leverage, and credit metrics; Drafting confidential information memorandums, management presentations, and teasers; Using Excel formulas, data tables, sensitivity analysis, scenario analysis, financial model auditing, and data organization techniques; Preparing financial analysis, valuation summaries, transaction overviews, board materials, and presentations with PowerPoint; Using virtual data room platforms including Intralinks and Datasite; S&P Capital IQ, Bloomberg, Mergermarket, and Deal Point Data.

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 https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $225,000 and $225,000 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.