Morgan Stanley - Outstanding people, but very demanding | Glassdoor
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There are newer employer reviews for Morgan Stanley

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"Outstanding people, but very demanding"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - IT Senior Associate in New York, NY
Current Employee - IT Senior Associate in New York, NY
Recommends
Approves of CEO

Pros

Supporting the trading side of the firm requires you to constantly be on your toes. The can change rapidly and you need to be able to adapt to it.

Developers at the firm vary widely depending on the area you work in. The infrastructure types tend to bo those developers you most likely see at Microsoft (very strong technically, but very introverted). On the other side, the developers supporting the various trading desks have to be sharp technically, but also able to manage the traders you support (which can be a very dificult task).

Because of the diverse range of jobs available, there is a position for every type of developer across the firm. Also mobility across the firm is strongly encouraged by senior management.

Cons

This job can be incredibly demanding! Especially with the current state of the economy, every developer is expected to do the work of 2 or 3 normal developers. That being said, the demands of the business unit continue to rise, so you're left with a case where the business continues to want more, but you can only deliver so much (the business unit is never satisfied)

Also, while there is a significant investment in technology across the firm and its viewed as being one of the most critical pieces to the firms success, it is not at the forefront of the company when compared to trading or investment banking. Developers are in a way second class citizens so we mostly affect the bottom line of the firm indirectly.

Advice to Management

The recruiting process across many teams in the firm is inconsistent. Some teams hire excellent developer talent, while other teams consistently hire weak developers. There should be more unity across IT as a whole for recruiting processes.

Other Employee Reviews for Morgan Stanley

  1. Helpful (1)

    "Solid opportunities for the right individuals."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in New York, NY
    Current Employee - Business Analyst in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Morgan Stanley has still maintained a solid reputation amidst the current market situation. There are opportunities for growth if you seek it. You will be pushed to excel unless you resist. Professionally there are people that you will find here that are invaluable to your career. Many people have worked for MS for a very long time. Even if they do a stint at another firm, they eventually return. Therefore, the level of home-grown institutional knowledge at the middle to upper management level is what makes MS stand out. Additionally, on a social level there are many chances to continue to grow your network outside of the office at the local pubs. Above all else the people here are what make it great coming to work everyday.

    Cons

    Lack of technology resources for the support units. Manual processes inhibit the firm from getting to the next level it needs to reach on the street.

    "Face time."

    Advice to Management

    Invest in the core technology necessary that will streamline the risk and systems from the front all the way to the back.


  2. "Morgan Stanley - Strong Firm, Good Opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Finance in New York, NY
    Current Employee - Vice President Finance in New York, NY
    Recommends
    Approves of CEO

    Pros

    Morgan Stanley is a reputable firm with a strong management team. They offer excellent opportunities for career development including tuition reimbursement, extensive learning programs, job rotation, etc.

    Cons

    Corporate politics and personal agendas sometimes impede projects from moving forward. Functionalization efforts to increase efficiency have hindered communication resulting in "silos", or departments that tend to work independently of each other. Internal growth is heavily promoted and supported however, individuals "climbing the ladder" often find themselves falling significantly behind market value in terms of overall compensation.

    Advice to Management

    Require functional and business leaders to establish a vision for their areas and develop means to hold them accountable. Goals should be established at the departmental level and clearly communicated to employees, regularly - inclusive of progress. Human resources needs to better parter with management to help them understand employee terminations and compensation practices promoting a culture of meritocracy.

There are newer employer reviews for Morgan Stanley
There are newer employer reviews for Morgan Stanley

See Most Recent

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