Morgan Stanley
Vice President, Strats
United States · Work style not stated · Full time
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About the role
Description from the employer’s posting. Check the employer’s page for the current version.
- EmployerMorgan Stanley
- LocationUnited States
- Work styleWork style not stated
- Employment typeFull time
- Employer posted
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 Fixed Income division, we work in fast-paced and constantly changing global markets to assess and manage risk, trade securities, manage relationships with clients, and structure and execute innovative transactions.
What you’ll do in the role:
Morgan Stanley & Co. LLC is seeking a Vice President, Strats in New York, New York todevelop new pricing models and maintain and improve existing models. Support the desk's daily trading and risk management activities including pricing, hedging, etc. Help trader and sales teams understand the market and develop new business. Work with controllers and model risk groups on model documentation and approval. Telecommuting permitted up to 2 days per week.
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What you’ll bring to the role:
-Requires a Master's degree in Operations Research, Financial Engineering, or a related field of study
-Requires three (3) years of experience in the position offered or three (3) years as a Quantitative Research Intern, Research Assistant, or a closely related occupation
-Requires three (3) years of experience with the following skills:
- stochastic calculus, and probability theory;
- Python for quantitative analysis, numerical modeling, and rapid prototyping;
- version control including Git and Github;
- statistics and machine learning concepts;
- default intensity and hazard-rate modeling; and
- developing original approaches to complex quantitative problems.
-Requires one (1) year of experience with the following skills:
- mathematical finance;
- programming in C++ and developing and maintaining pricing libraries;
- credit derivative pricing;
- interest-rate derivatives and pricing models;
- working with trading, risk, and technology teams in a front-office environment;
Monte Carlo simulation techniques for pricing and risk analytics.
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 $225,000 and $250,000 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.
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At a glance
- Employment typeFull time
- Employer posted
- Added to ROLIVA
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