Senior Sales Assistant (Former Employee) – Tulsa, OK – January 17, 2017
Supported a team of three Financial Advisors including the top producing Financial Advisor in the Tulsa branch. Monitored and reconciled trades and transactions for multiple third party money managers. Consolidated monthly statements for third party asset managers and employee benefit plan record keepers. Prepared performance reports for employee benefit plan committees of corporate clients using spreadsheets, charts, graphs, and indices. Maintained client and prospective client contact system. Monitored and reconciled security transfers, restricted stock transactions, cash transfers, and third party distributions.
IRA Administrator / Data Entry Operator (Former Employee) – Jersey City, NJ – January 3, 2017
A typical day consisted of a lot of things to do but it kept me busy all day. I was able to learn how to utilize different software applications because of working on projects with co-workers in other departments. Management and co-workers were awesome, friendly and helpful with any questions I had regarding any the work. Working at Morgan Stanley was the most enjoyable experience of my work history career.
Executive Director (Current Employee) – New York, NY – November 7, 2016
Working here all depends on your manager and your department. It can vastly vary from one team to the next. You can have a manager that's flexible with work/life and others that are very rigid.
I personally think the compensation is not aligned across the board properly and hasn't recovered since the 2008 crash. It claims to be a total reward company yet above base compensation can vary greatly from one year to the next leaving you to be under compensated. Base salaries need an adjustment. How can new associates make the same as veteran officers at the firm.
Financial Advisor (Former Employee) – Oak Brook, IL – November 3, 2016
Its all about Morgan Stanley!! You do get free lunches paid by wholesalers and note it's not Morgan Stanley taking care of employees. If you don't already have a BIG book of business you will not be in the eye sight of management. Training was HORRIBLE!! Failed Financial Advisers are training new young employees. What does that say?
Work consumed your personal life. Constant pressure from management teams to push products that weren't right for the client. You're salary would decrease as your production increased unless you were apart of a "larger team". The Management teams were only willing to support advisors when it benefited them for their quarterly bonus. Management was very political in regards to helping certain individuals succeed in the organization. They promote and sell a training program with coaches that had little to no experience whatsoever. In my opinion was a waste of time and money. Can not stress the negative taste I received from the local management team.
Awful pay. Stressful. "Step on each others throat culture"
Senior Vice President (Current Employee) – Albuquerque, NM – December 13, 2016
You must make it known that you want to get ahead to get ahead. I have not witnessed where managers step forward to help a career. They will do things for the benefit of the shareholder, nit necessarily for client or employee. Communication is limited. It is a standard kind of existence with very little innovation, it seems like they are just hoping not to get sued.
Director of Event Production (Former Employee) – Purchase, NY – October 17, 2016
Was a great job with a lot of room to step up and take initiative. There was already a culture of hard work, but internal changes over time made it more difficult to maintain a life outside the job. Most of the internal event team has left in the last 2 years due to poor management.
great opportunities to travel and learn for the motivated self-starter
Senior Pension Analyst (Former Employee) – Jersey City, NJ – October 11, 2016
Great place to work. Salary and Benefits were also Great. I got alone with my co-workers and helped to meet Company goals and objectives. Enjoyable part of the job was, I never did the same thing everyday. Many assigned tasks were different everyday and a great challenge to meet them. I was disappointed and sad when the Company got out of the Defined Contribution Business.
Consultant (Current Employee) – 1 NYP , NY – October 4, 2016
Working at Morgan Stanley can be fun if you are in the right project. There are new technologies to learn and master. Co-workers are friendly and ready to help at any point of time.However sometimes the micro management can get you agitated. The hardest part would be the processes being followed here at Morgan Stanley. The release management is really tricky but if all the processes are followed you wont land yourself in trouble.
Big bank with large client and huge data gives you a lot of opportunity for data analysis
Micromanagement, Lack of process knowledge of your peers can mount pressure on you
There is nothing special about this company, it's the same as every other big financial company. Too many managers, many of whom have no clue what they're doing, so they cover for it by micro managing.
If you are a temp, they don't care about you, you will have very low pay, long hours for no reason (the work load doesn't require it). When you first interview they will tell you that it's a temp to perm position, but that doesn't happen. The limit for temps is 2 years and then they get rid of you.
Emails will get sent about job fairs, and presentations about other departments, but temps aren't allowed to go to those.
Micro managing, no opportunities, low pay, long hours
Senior Service Associate (Former Employee) – Garden City, NY – December 20, 2016
Enjoy being a Team player, cross trained in all operational positions within the Operations Back office. Work very closely with the operations manager. The Hardest Part of the job is short breaks or no breaks The most enjoyable part of the job is the excitement of working in a fast paced environment.
SalesforceDeveloper (Former Employee) – New York, NY – January 18, 2017
good things Great pay, full time positions, opportunity to advance in your career, management are very friendly, great work environment, friendly employees. The challenges Depending on what job youre doing, every job has its challenges but awards you with a job well done at the end of the day, either by a supervisor telling yo.
Director of FX Middle Office (Current Employee) – New York, NY – January 3, 2017
This is a very well structured organization with the ability to pool resources to rapidly address any exposure to the integrity of the firm. The Morgan Stanley brand has long been synonymous with the Goldman Sachs and has separated itself as a leader in the financial services space.
Business Operations Senior Associate (Current Employee) – New York, NY – December 18, 2016
Morgan Stanley is a busy place with lots of work and great people. One is always learning something new and there is opportunity for growth. With the right manager, work/life/family balance is possible. Great benefits are available.
Derivatives Client Clearing Analyst (Current Employee) – New York, NY – September 28, 2016
-Great company -Good pay -Great culture and willing to help. In particular as a back office accountant trying to transition into the front, every IBD, Credit and Research guy I reached out to offered their time and assistance and was very helpful. -Internal mobility strongly encouraged -Honest and helpful superiors.
- Hard to move into front office but that's to be expected.
Associate (Current Employee) – Baltimore, MD – October 7, 2016
MS has good points and bad points. In the last couple of years they haven't really compensated their employees well. A good point is MS is all about community involvement and volunteering. They dedicated 2 months to giving back and encourages every employee to participate.
Client Service Associate (Former Employee) – Tampa, FL – September 9, 2016
I would meet new clients and vendors on a daily basis. Worked lots of projects with management. I learned how to handle confidential documents and learned how to process KYC documents. Loved my coworkers. The toughest part was dealing with clients who were very upset, but I would just direct them to management. The most enjoyable part was my coworkers, and meeting with clients and vendors because I like people.
Vice President (Former Employee) – New York, NY – September 4, 2016
Great management and co-workers that fostered excellent teamwork. Daily meeting with Senior management on the nightly batch data processing status and what new major changes will be going in during the upcoming Production change windows. Various other meetings with Business partners and other infrastructure teams for future plans and strategy. Enjoyed tackling new challenges that came with the job.
Lead Data Architect / Developer (Former Employee) – New York, NY – January 9, 2017
Did not find anything special. They interviewed me in Sybase but I ended up doing DB2 and Teradata along with some Sybase. Laid off as a contractor in one day. Gave good severance when employed full time for only 11 months. Little job security..