IED - Equity Derivatives Strat - Risk Modelling

Morgan Stanley's Equities Derivatives division is looking for a strategist/quantitative analyst for its Derivative Strat risk modelling team. Risk strategists are key participants, together with traders, in the revenue-generating and risk management activities of our Sales & Trading Division. Risk strategists are the primary modellers for new products, and partner with traders to deliver innovative ideas using models to analyse risks and opportunities in trading books for complex derivatives.

Risk strats are responsible for implementing and supporting the models used in all of equity trading. They also assist with data analytics to improve the risk management and hedging infrastructure.

Responsibilities include:

• Deliver top-tier risk visibility across the inventory
• Build cutting edge tools for trading and risk managing equity derivatives products
• Conduct analysis of complex trades to challenge fair valuation and respective hedging strategies
• Analyse and manage the risk of the positions currently in the book

Qualifications

• An advanced degree in a quantitative subject such as Engineering, Applied Mathematics, Physics, Software Engineering is mandatory
• Very strong modelling skills, with knowledge of Exotic models a strong plus
• Very strong programming skills in an object-oriented language applied within the library of a front office team is mandatory
• Good knowledge of Probability, Numerical Analysis, Stochastic Calculus, Approximation theory, Partial Differential Equations, and an expertise in one of these subjects
• Drive and desire to work in an intense team-oriented environment
• Ability to communicate effectively in both written and verbal English

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.

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Expected base pay rates for the role will be between $175,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).