IED - Delta One Structured Products

The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha. The DSP (Delta One Structured Products - Swaps) desk operates within Morgan Stanley’s Prime Brokerage unit and provides delta one equity derivative exposure to the firm’s clients. 

The team is looking to hire an analyst / associate level trader for the NY DSP Custom Baskets desk. This team is responsible for custom baskets execution, thematic trading and risk management, and client coverage focused on Hedge Funds. The ideal candidate will have experience trading equity portfolios and an aptitude for finding market opportunities. The successful candidate will be joining a small team of seasoned traders that values both entrepreneurship and willingness to tackle complex problems. Along with gaining exposure to numerous parts of the MS franchise businesses, the candidate will assist in risk managing and trading strategies that span products and asset classes.

Additional Qualifications / Attributes desired:

• Passion for markets

• Strong client-facing communication skills

• Attention to detail

• Team-player attitude

• Knowledge of Delta-One and Index products (e.g. indices, ETFs, swaps, futures, reverse / conversions, etc.)

• Understanding of financial concepts (e.g. hedging, leverage, financing, corporate actions)

• Comfort working on multiple tasks in parallel and managing tactical intra-day deadlines

• Experience with project management and process automation, with a strong desire to innovate technologies

• Proficient analytical/math skills

• Ability to mine data for significant trends and patterns

• Fluency with Microsoft Office suite and basic Python programming (preferred)

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 $115,000 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'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).