Organization and job posting of Morgan Stanley Bank
Most financial organizations have been doing stellar business over the years in the United States and are continuing to serve people even in present years while addressing their financial issues via their profound services. Moreover, the organizations also play a major role in the economic context via the services they render to their esteemed clients (Chernow, 2010).
Morgan Stanley bank is one of the major financial service providers in the world. Its products and services are available globally and its headquarters are located in the Morgan Stanley edifice, New York City. Morgan Stanley has branches in 42 countries and has more than 1300 offices and 60,000 employees. It was founded by J.P.Morgan and Copartners, Henry.S.Morgan, and Harold Stanley among others.
It was founded on September 16th, 1935 as reaction to the Glass-Steagal act that demanded the separation of commercial and asset-creation banking businesses. In its first year the corporation operated with 25% market share in public offerings and private placements (Scott 42). The main areas of business for the firm today are:
Institutional securities
This business segment provides institutions with relevant services which include capital raising and rendering of financial advice on mergers and acquisitions, real estate, project finance, restructuring and cooperate lending. This segment also covers the equities and the fixed income divisions of the firm. Trading is expected to sustain its position as the fundamental point of the corporation since it is the most lucrative business segment.
Investment management
This segment provides global a set management product and services in equity, fixed income, alternative investment and private financing to established retail client via third party retail circulation channels, intermediaries and Morgan Stanley’s institutional circulation channels (Markham, 2002).
Global prosperity management
This sector offers monetary and capital planning services to its clients who are principally high net-worth personalities. They developed a vision statement in the year 2000 that expressed their commitment: “connecting people, ideas and capital, we will be our clients’ first choice for achieving their financial aspirations” (Markham, 2002).
Their goal is to be the worlds’ best investment bank and firm of choice for their clients, their people and their shareholders. They look forward to succeed by meeting the global needs of their clients both providers and users of capital (Chernow 28).
The bank has management careers such as: client development manager, sports book program manager, regional sales manager, project manager, accounting manager, assistant store manager and marketing manager looking at all these posts there is a lot of management and organization going on in the company (Markham 47).
These post need personnel who are careful, practical, obedient, thrifty, efficient, orderly, conscientious, and conforming and persistent. All these skills have been offered during our studies (Watkinson 45).
They have various job postings on their website called “Career builder.com” such as:
Office manager which is a full time job that was posted on 7/2/2013, it require a bachelor degree in management course
Financial advisor
This is a full time job that requires a bachelor degree in business finance, sales, marketing or related field. And many more postings
In conclusion the Morgan Stanley Bank is well structured organization that offers a wide range services to its clients while providing career opportunities and hence should be given high consideration when applying for a job
Works Cited
Chernow, Roosevelt. The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance. New York: Grove/Atlantic, Incorporated, 2010. Print
Markham, John. A Financial History of the United States: From Christopher Columbus to the Robber Barons (1492-1900). Boston: Sharpe, 2010. Print.
Scott, Wilson. “Morgan Stantley: A banking giant.” Wallstreet journal 35.2(2010): 38-43.
Watkinson, Fred. “Doing it the Morgan way” Economics Journal 40.4(2011): 42-50.