Associate, Strats

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

In the Prime Brokerage and Institutional Equity division, we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha. 

What you’ll do in the role:

Morgan Stanley & Co. LLC is seeking an Associate, Strats in New York, NY to Analyze and develop trading strategies for the risk trading desk using the in-house strat infrastructure. Contribute to index research and analysis. Research and develop suitable hedging strategies for portfolios optimized for various constraints. Explore alternative datasets to identify new revenue opportunities and provide overlays on existing risk. Develop tools around the life cycle of rebalances, including risk management, timing, performance, and impact analysis. Monitor and analyze the effectiveness of current strategies, advocate and implement changes as needed. Pay attention to changes in market structure and evaluate their impact on the business. Build solutions that involve a rapid transition from research to live trading. Build and utilize rich data sets to assist with research and analysis.

What you’ll bring to the role:

-Requires a Master’s in Operation Research, Economics, or a related field

-Requires three (3) years of experience in the position offered or three (3) years as an Assistant Vice President, or a related occupation

-Requires three (3) years of experience with the following skills:

• Analytical and quantitative skills, including developing efficient software solutions across research and systematic trading platforms;
• KDB/Python, data structure, and algorithms;
• Trading platform development, optimization, and system design;
• Equity products and market structure, time series datasets;
• Flow analytics, portfolio risk models, trade cost analysis, and execution algorithms;
• Statistical/mathematical modeling and model validation.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $200,000 and $200,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.