Morgan Stanley's Investment Banking Division is hiring an Associate for its Power & Utilities team in London. GPEG is that team: the EMEA Power, Utilities and Renewables group, which covers listed and private companies across the EMEA energy sector on acquisitions, divestitures, mergers, joint ventures, restructurings, recapitalisations, demergers, leveraged buyouts, takeover defence, strategy advisory and public and private capital markets transactions. Source
The role is a permanent Associate seat, posted 23 July 2026. Associates manage and assist in the execution of transactions including IPOs, M&A and strategic advisory, perform financial and strategic analysis, contribute in client meetings, prepare and deliver client presentations, and mentor Analysts. Source
A stand-alone Associate posting in a named coverage group is a lateral, experienced hire to backfill or grow one desk. It is not an internship and not a graduate programme, whatever the programme tag on this row says. The realistic applicant is a second- or third-year analyst at another bank, or an MBA with banking experience.
The team
The team is the EMEA Power, Utilities and Renewables group within Morgan Stanley's Investment Banking Division, which the firm describes as a leading franchise in the sector, covering a broad array of publicly listed and private companies in the EMEA energy sector. Source
203 people have held London roles in Morgan Stanley's Investment Banking Division since 2018; 13 of those sit in coverage teams, of which this is one.
The firm
520 people have held London roles at Morgan Stanley as a whole since 2018.
What this posting signals
A single Associate seat posted mid-year in one sector group is capacity-driven: the group has more work than hands, most likely in renewables and infrastructure-style energy transactions. These hires are harder to find and easier to win than a programme place, because the field is only people with the sector and banking background.
No deadline is stated, and a posting that has been open since July is either close to filled or hard to fill. Either way the seat closes when someone accepts, so if you have the profile, apply immediately.
Are you eligible?
Requirements as stated: a top-class Master's degree or overseas equivalent in or related to finance from a leading university; relevant investment banking (corporate finance or M&A) experience or equivalent is required; familiarity with the sector and corporate landscape is desirable; fluent English; strong analytical and modelling skills, which the firm calls critical to success as an Associate; and knowledge of accounting and valuation. Source
If you are a student or a graduate without banking experience, this is not your posting. Morgan Stanley's summer analyst and full-time analyst programmes are the entry route into this team; this row is useful to you only as evidence that the Power & Utilities desk is growing.
Ready to apply?
No deadline given, so it closes when the places fill.
Most junior seats are filled by someone writing to the right person before a portal
fills up. Here is one of the people Morgan Stanley publishes, in full.
3 people. Their role, the page the firm names them on, and how to reach them
The route that always works, and the one they are most likely to read.
The firm publishes this person, and publishes no address we could read for anyone here, so there is no pattern to show you either. Search their name and firm on LinkedIn and write from your own account.
2 more people, in the same shape as the one above.