Morgan Stanley Co. LLC seeks an Associatein New York, New York
Perform trade execution of Cross-Asset Futures, FX, Listed Equities, and Custom Baskets for the Quantitative Investment System (QIS) team. Price, trade, and monitor risks of Exotic Options and Structured Products for Institutional client base. Develop understanding of and review complex risks associated with Exotics Options and Custom Index Strategies. Review PnL and daily Risk run by the trading desk, and ensure accuracy. Monitor slippage of executions and PnL impact of daily QIS index rebalances to examine opportunities for efficiencies. Collaborate with Sales, Technology, and Operations stakeholders to enhance improvements in trading platforms and development of valuation and risk management infrastructure. Manage Trader risk books, monitor market activity, and develop views on managed strategies and positions. Engage with Sales to foster business and develop additional commercial opportunities. Handle daily operational processing required for accurate books and records, and correct risk and PnL. Analyze and summarize market activity and provide commentary and reports as requested by management.
Salary: Expected base pay rates for the role will be between $175000 and $200000 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.
Requirements:
Requires a Bachelor's degree in Finance, Economics, or a related field of study and five (5) years of experience in the position offered or five (5) years as an Associate, Analyst, or a closely related occupation. Requires five (5) years of experience with: Cross-Asset Futures products including FX, Fixed Income, Commodity, and Eqty/Index Futures; Excel; Listed/Exotic Options; analyzing and summarizing market activity; analyzing large data sets; FX and Fixed Income products and trading behavior; Operations Lifecycle for Financial Instruments. Requires four (4) years of experience with: Trading Platforms and risk systems for financial products; reviewing PnL and daily Risks associated with various financial derivatives and Option’s ‘Greeks’; trading platforms, valuation, and risk management infrastructure. Requires two (2) years of experience with: Bloomberg. Requires certifications: FINRA Series 7, 57, and 63, and NFA Series 3.
Qualified Applicants:
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Job: **
Title: Associate
Location: New York-New York
Requisition ID: 3244101