2027 Global Capital Markets Full-Time Analyst Program (Sydney)

About the role

Morgan Stanley’s Sydney-based Global Capital Markets Analyst Program offers full-time graduates practical training and on-the-job experience across capital markets. Analysts support debt, equity and fixed-income transactions, conduct financial and market analysis, prepare client materials, and coordinate with teams including Sales & Trading, Research, Legal, Risk and Operations.

Responsibilities

• Support origination, structuring, marketing and execution of debt capital markets transactions, follow-on offerings and fixed-income issuances.
• Conduct financial, market, investor, comparable transaction and macroeconomic analysis to support capital markets activities.
• Prepare accurate client-facing pitch books, transaction presentations, marketing documents and internal briefing notes.
• Work with senior bankers and cross-functional teams to coordinate transactions and meet tight execution deadlines.
• Build financial skills and develop foundational knowledge of capital markets products, fixed-income instruments and derivatives.

Training

• Begin with intensive classroom training in Sydney, including business presentations, practical sessions and peer idea exchange.
• Training covers key financial concepts, dynamic financial modelling and Morgan Stanley’s culture.
• Continue learning through structured training and on-the-job exposure within one or more product groups.

Eligibility and Skills

• Applicants must be in the final year of a Bachelor’s or Master’s degree, or graduated within the past twelve months.
• Applicants must be available to commence full-time employment in Australia in early 2027.
• Applicants must be Australian citizens, New Zealand citizens or Australian permanent residents when applying.
• Demonstrate finance knowledge, analytical ability, adaptability, teamwork, motivation, attention to detail and strong work ethic.
• Bring commercial instinct, leadership skills, communication ability and capacity to perform under pressure and meet deadlines.
• Knowledge of AI tools and emerging technologies, including practical financial-markets applications, is required.

Application Process

• The typical process includes CV screening, interviews and assessments.
• Recruitment occurs on an ongoing basis, so candidates are encouraged to apply as soon as ready.
• Applications close Sunday, December 6, 2026, at 23:55 AEDT.