Recognized as one of Montreal's Top Employers (2016)
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Feb 4, 2016)
Here are some of the reasons why Morgan Stanley Services Canada Corp. was selected as one of Montreal's Top Employers (2016):
- Located in the city's redeveloped Old Port district, Morgan Stanley's head office features a comfortable employee lounge where employees can unwind, bi-weekly visits from a massage therapist, and convenient access to nearby restaurants and cafes and public transit
- Morgan Stanley invests in the long-term development of employees with generous tuition subsidies for job-related courses (to $10,000) and subsidies for professional accreditation
- Morgan Stanley supports employees who are new mothers with maternity leave top-up payments (to 100% of salary for 18 weeks) and also offers the option to extend their leave into an unpaid leave of absence
Recognized as one of Canada's Top Employers for Young People (2016)
By Kristina Leung and Richard Yerema, Mediacorp Canada Inc. staff editors (Jan 10, 2016)
Here are some of the reasons why Morgan Stanley Services Canada Corp. was selected as one of Canada's Top Employers for Young People (2016):
- Morgan Stanley established a 15-week Technology Analyst Program for students in their final year -- the program takes place in New York City, with the company covering the costs of travel and accommodation, including transportation passes for commuting -- additionally, the program features orientation, training, mentoring, an introduction to proprietary technologies and a 4-week group project
- Morgan Stanley participates in on-campus events, career fairs, interview days, and hosts information sessions to showcase the company's programs -- additionally, the firm sponsors student-run competitions and projects and holds workshops for presentation skills, resume writing and interview preparation
In Montreal, Morgan Stanley is really a tech company
How's this for a work assignment? Fly to New York City for a "technology boot camp" where you'll collaborate with colleagues from offices globally during a 15-week orientation, all while experiencing everything the city has to offer? If you were one of the eligible grads who joined Morgan Stanley's Technology Analyst Program, that would be your first task.
Morgan Stanley is known everywhere as one of the world's leading global financial services firms. But Morgan Stanley in Montreal is really a tech company. Its over 800 software developers, engineers and architects form the bank's largest pure technology centre, developing tools and applications for the global financial markets.
"These are many of the creative brains behind the platforms used by traders, investment bankers and financial advisors, such as proprietary trading systems, pricing engines, security and risk management platforms and end user tools," says Melissa Ventura, Human Resources Manager - Technology Campus Recruiter.
Competition is fierce for prospective employees with the required skills and talent. Morgan Stanley Montreal does extensive campus recruiting across Canada, with student programs bringing in interns and co-op students three times a year. "We are looking for people who are passionate about technology," says Ventura. "Financial knowledge is not a hard and fast requirement as we will train people in what they need to be successful."
In February and in August, the Technology Analyst Program, or TAP, kicks off, bringing new grads into the company as full-time employees. "TAP has been launching graduates to their full potential for the past 30 years, and it has provided a strong pipeline of future leaders," says Alan Vesprini, Managing Director and Regional Head.
Needless to say, there's a lot to learn when you start out. So as part of TAP, Morgan Stanley whisks the new recruits off to New York for 15 weeks of intensive training and orientation at offices in Times Square where they are pushed to achieve their very best.
"It was so much fun," says Danielle Fudger, a Technology Associate and Software Developer who did her stint in TAP in 2014. "There were 90 of us in the program, from all over the world. From day one, there was a real sense of camaraderie. We train all day with brilliant instructors. And then, we spend time with all the other trainees in New York City! We had a blast."
Now, as an application developer on a team in Montreal, she works on software used by traders, talking directly with users about how it would work best for them. "I develop the user interfaces to enable traders to find information fast and make decisions," she says.
Fudger appreciates the strong mentorship she has received at Morgan Stanley and is now a mentor herself for incoming TAP recruits. She also joins in the company's diversity committee events to meet other women in her field.
Her workplace, located in picturesque Old Montreal, has a high-tech feel to it. The floors are totally open from one end to the other, Silicon Valley style, with big windows, lounges, activities like a foosball table and other typical industry features. It also has state-of-the-art presentation and video conference rooms as well as workstations that make it easy to collaborate with teammates around the globe. There are options to work remotely, flexible work schedules and plenty of seminars, networking, workshops and pop-up lunches.
Ventura notes that one of the biggest attractions of working at the tech centre, apart from all the smart people, is the complexity of the tasks performed in the Montreal office. "The work is very cutting edge," she says.
All of which pleases Fudger. "When I tell people I work for Morgan Stanley, everyone imagines a big bank," she says. "But in reality, we're closer to a high-tech company."
This article appeared in the magazine announcing this year's Canada's Top Employers for Young People winners, published January 11, 2016 in The Globe and Mail. This article was prepared with the financial support of the employer, which did not write or edit its contents.