- Salary
- $250k+
- Location
- 1585 Broadway- NY, United States of America
- Type
- Full-time
- Seniority
- VP
- Source
- Workday
Description
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 to Develop automated tools and applications driving efficiency of trading processes, including buildout of data pipelines and analytical web application platforms using object-oriented programming and Python. Implement large scale capital stress testing scenarios based upon regulatory documentation, collaborate with Risk and Credit departments to validate official regulatory results. Own, document, standardize and prioritize Portfolio Management risk reporting. Expand analytical coverage across Corporate Loans, credit products and credit derivatives. Develop, document, validate and own quantitative Valuation and Risk models (Corporate Loans and Credit Derivatives products) including governance standards, trade booking and valuation processes, controls and production releases sign-offs. Provide advanced statistical and market scenario analysis, analyze and backtest portfolio hedging strategies, run portfolio optimization incorporating regulatory constraints and capital metrics (CCAR, RWA). Lead development of proprietary trading systems and tools, manage desk analytics scope and workflows. Architect infrastructure and design data controls, own and document tools supporting portfolio management and trading desk processes. Lead implementation of regulatory capital requirements, as well as desk capital reporting. Drive cross-functional controls, oversight and governance of regulatory processes. Drive IT systems business requirements and
scope. Oversee and validate IT department deliveries including trading systems architecture/design, implementation and controls standards.
What you’ll bring to the role:
-Requires a Master’s in Financial Engineering, Computer Science, Engineering or a related field
-Requires three (3) years of experience in the position offered or three (3) years as an Associate, Risk Analytics, or a related role
-Requires Three (3) years of experience with the following skills:
- Utilizing Stochastic Calculus;
- Linear Optimization;
- Numerical Methods;
- Fixed Income Credit Products Modeling, including Derivatives: Corporate Loans, Bonds, Credit Default Swaps, Credit Index and Credit Index Options;
- Conducting Time Series Analysis;
- Multivariate Analysis;
- Analyzing advanced Statistical Methods;
- Object-Oriented Programming (C++ or Java);
- Python;
- Working with Financial Risk metrics estimates and interpretations;
- Monitoring and Summarizing Financial Risk reports to technical audience; and
- Financial and Global Credit Markets knowledge and Macroeconomics.
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.