Productive workplace with good benefits but high job turnover
Vice President, Regional Retirement Director (Former Employee), Gaithersburg, MD – December 2, 2013
Pros: working with some of the best financial advisors and recordkeepers in the business.
Cons: large territories, ambiguity of job responsibilites, inaccurate sales data
Morgan Stanley was a quality Employer that afforded me the opportunity to become a quality specialist in the qualified and non-qualified retirement plan marketplace. The majority of my time was on the road meeting with Financial Advisors, Plan Sponsors and Recordkeeper/DCIO partners. There was a substantial amount of turnover in my position (either – more... through layoffs or counterparts leaving for other job opportunities) which led to very large territories and the challanges which accompanied that size of regions. Sales drove compensation. – less
Senior Developer (Current Employee), Montreal, QC – April 23, 2014
Pros: work from home, 6% rrsp matching
Cons: salary, perks
Not very trendy with latest technologies. Lots of in-house proprietary software no one else uses in industry, lots of obsolete software to maintain. Company still requires a dress code even for IT office. Benefits and perks are behind compared to other tech companies in Montreal. What's good? Great co-workers, lots of smart and enjoyable people, employees – more... are very diverse and multi-cultural. Opportunity to travel and work with co-works across globe. Good for people to start their career and peak at the world beyond the province. – less
Morgan Stanley has a multitude of experience programmers at it hands. The projects we were tasked with was ambitious but achievable. They provided excellent guidance and theoretical training and were always available for questions.
Senior Business Manager (contract) (Current Employee), Montreal, QC – April 7, 2013
Pros: there is so much to learn, its teaching me how to handle two tasks that are completely different, its teaching me how to switch back and forth while paying attention to detail in each task at hand
Cons: i can't find any. the hours are long but its very fulfilling
I am an integral part of the team where formally I am the lead in the Capital Management space where I perform all the functions that I have described in the resume. However, on the side I am also involved in the Resource Management space where I assist my colleague with auditing any new consultants that have been hired in the wrong bracket based on – more... the new governance that is being developed and implemented in house. Moreover, we also raise tickets and approve tickets for new resources - only consultants - once we have completed our due diligence. On the other hand, I speak with the foreign exchange desk and the Treasury department for questions relating to foreign exchange risk if there is a project that will heavily invest in a currency other than US dollars and to see if we are able to minimize the risk in case the dollar drops in relation to the other currency in question. I also socialize ideas on Business Management calls and seek feedback on pain points regarding getting projects approved. I work with teams that are looking to raise new spend requests and explain to them the workflow involved in getting an approval and why their spend request has been sent back. Moreover, I am also putting all best practices, documents that I have created on SharePoint and am currently in the process of putting the the approval process for both the Capital Management space and Resource Management space so we can get all approvals at a central place while eliminating the need for sending emails back and forth and giving full transparency to all stake holders. – less
Great company, poor management, not enough learning experience
Analyst (Current Employee), New York, NY – August 15, 2014
Morgan Stanley is an outstanding company. However, there is very little learning within the group (mine in particular and we have had a mass exodus),there are few opportunities to move forward within, unless you move externally which can give you a 15-20% raise. Co-workers can be childish and management picks their favorites and promotes them, even – more... though they may not be doing the same amount of work.
As a company, I think there are many opportunities to get a head start, especially for someone out of college or switching careeres. Benefits are good. I think it really depends on which group you are working with as all of them differ substantially. – less
WS DEVELOPMENT (Former Employee), Boston, MA – August 11, 2014
Mostly I work with my team as a student consultant. We enjoyed learning the very detailed development and planning knowledge in the US market. Days can be miserable sometimes when closing deadline is approaching.
Loss Mitigation Specialist (Former Employee), Fort Worth, TX – August 9, 2014
Pros: healthcare and people
Loved going to work there everyday, management was awesome and down to earth. We worked hard and were appreciated. My co-workers were the best because we were like family and very close. Hardest part of job was when we talked to customers that were about to lose their home and they got emotional and we felt for them. Benefits were amazing and they believed – more... in family first all the way. Most favorite part was when we would have themes at work and just had fun but always made sure work was done. – less