Associate, Banking
Company websitemorganstanley.com (Morgan Stanley, opens in new tab)
Base salary $225K
Employer-published annual base salary, USD. Advertised base range in New York, NY
You apply on the employer's own site. Six Figure Work does not handle applications.
- LocationNew York, NY
- WorkplaceWorkplace not stated
- Status at last checkSource accepting applications when checked
- Last checked (1 h ago) · observed since
About this job
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.
Source: Morgan Stanley on Workday · View original posting (opens in new tab)
How this pay compares
Base floor $225,000. First observed today.
How Morgan Stanley pays
10 of Morgan Stanley's 297 live roles on this site list a higher base floor and 283 list a lower one. Across them the median floor is $125,000; the middle half runs from $115,000 to $155,000.
Base floors of Morgan Stanley's 297 live roles
Table
| Floor band | Share | Roles |
|---|---|---|
| $100K to $125K | 48.5% | 144 |
| $125K to $150K | 9.8% | 29 |
| $150K to $175K | 29.6% | 88 |
| $175K to $200K | 4.7% | 14 |
| $200K to $225K | 2.7% | 8 |
| $225K to $250K | 1.3% | 4 |
| $250K to $275K | 1.7% | 5 |
| $275K and up | 1.7% | 5 |
How this is calculated
- Statistic
- Employer base floor distribution
- Formula
- count of the employer's open roles in each $25K band of published base floor / its open roles
- Denominator
- 297 open public roles at this employer
- Sample size
- 297
- Hidden when
- this employer has fewer than 5 roles
- Calculation version
- jobpage-analysis-v1
- Data as of
- current
- Employer set
- Open jobs on this site that publish a base salary of $100,000 or more
This listingAssociate, Banking$225K
Fixed Income Division – Vice President, FX Options Strat (New York)$225K to $250K
Fixed Income Division – Executive Director, ALM Accounting Specialist (New York)$225K to $300K
Executive Director & Senior Risk Manager, Global Macro$225K to $300K
Vice President, Lead Tech Program Mgmt$202K to $215K
Investment Banking Healthcare Vice President – New York or San Francisco$250K to $275K
Associate, Research$200K
Chart as a table
| Role | Published base |
|---|---|
| Associate, Banking (this listing) | $225K |
| Fixed Income Division – Vice President, FX Options Strat (New York) | $225K - $250K |
| Fixed Income Division – Executive Director, ALM Accounting Specialist (New York) | $225K - $300K |
| Executive Director & Senior Risk Manager, Global Macro | $225K - $300K |
| Vice President, Lead Tech Program Mgmt | $202K - $215K |
| Investment Banking Healthcare Vice President – New York or San Francisco | $250K - $275K |
| Associate, Research | $200K |
Observed changes
No changes to the pay or listing since we first observed this role on Nov 9, 2026 (today).
- First observed on the employer's board, already publishing a qualifying base salary
- Observed since
- Employer-stated posting date
- 2026-11-09
Where this pay comes from
Location as the employer wrote it: New York, New York, United States of America
Expected base pay rates for the role will be between $225,000 and $225,000 per year at the commencement of employment. However, base p
- Method
- Employer text, read with fixed rules and re-verified
- Checked
- Rule set
- us-base-v2
The pay passage appears in the employer's own job text. Fixed, deterministic rules located it, and the passage below was checked against the stored copy of the posting.
What we verified
- The pay figures come from the employer's own listing, quoted exactly above.
- The pay is an annual base salary in US dollars with a minimum of at least $100,000.
- The role was publicly listed on the employer's job board when last checked.
We do not verify what the employer will actually offer, whether the employer is still recruiting for the role, or anything beyond what the employer published. Full methodology.
