Associate, Strats

Morgan Stanley • New York, NY

3d • $200,000 - $200,000 • Hybrid

About The Position

Morgan Stanley & Co. LLC seeks an Associate, Strats in New York, NY Work closely with the Trading Desk to support existing tools and build the next generation of trading tools. Build e-Trading and custom mid-pricing models, quoting capabilities, and franchise monetization models. Contribute to Quant efforts, including SOFR and Libor Decommission, Relative Value, and Systematic Strategies build out. Collaborate with Strats, IT, Risk, Finance, Ops, and COO office to deliver critical projects. Telecommuting permitted up to 1 day per week. Salary : Expected base pay rates for the role will be between $200,000 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.

Requirements

• Requires a Master’s degree in Finance, Economics, Mathematics, or a related field of study and two (2) years of experience in the position offered or two (2) years as a Risk & Models Associate, Trading Consultant, or a closely related occupation.
• Requires two (2) years of experience with: FX Forwards, Futures, Swaps pricing, and risk calculation; Interest rate curve construction; E-Trading model research and development; E-Trading risk management; Python and related packages including Numpy, Pandas, Scipy, Scikit-learn, and TensorFlow; KDB+/q; Machine Learning; Neural Networks; Data cleansing for structured datasets and regression in Python; Linear Algebra; Convex Optimization; Probability Theory; Statistics, Time-series analysis and modelling; and Stochastic calculus.

Responsibilities

• Work closely with the Trading Desk to support existing tools and build the next generation of trading tools.
• Build e-Trading and custom mid-pricing models, quoting capabilities, and franchise monetization models.
• Contribute to Quant efforts, including SOFR and Libor Decommission, Relative Value, and Systematic Strategies build out.
• Collaborate with Strats, IT, Risk, Finance, Ops, and COO office to deliver critical projects.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees