Derivatives Strats - Institutional Equities - Associate / Vice President
Morgan Stanley•New York, NY
•Onsite
About The Position
Morgan Stanley’s Equities Derivatives division is seeking a Strategist / Quantitative Analyst to join its Derivatives Strat team, with a primary focus on the pricing and risk management of complex derivatives. Strats are integral contributors to the firm’s revenue-generating activities, working in close collaboration with traders, sales, and structurers within the Sales & Trading Division. They play a leading role in shaping the desks’ strategy and position across a broad range of risks and products.
Requirements
- Master’s degree or PhD in Mathematics, Statistics, Physics, Engineering, Computer Science, or a related quantitative discipline.
- At least 3 years of experience in quantitative finance, preferably within equity derivatives, as a quantitative analyst, trader or financial engineer.
- Solid understanding of financial markets, particularly equity derivatives products and risk metrics.
- Strong foundation in stochastic calculus, pricing theory, probability and statistics.
- Solid understanding and intuition of derivatives products risks and model-dependencies.
- Experience with large-scale data analysis and model validation techniques.
- Proficiency in Python for quantitative development.
- Excellent analytical, problem-solving, and critical-thinking skills.
- Strong communication skills, with the ability to collaborate effectively with teams across functions.
- Self-motivated individual with strong attention to detail and the ability to manage multiple priorities in a dynamic environment.
Responsibilities
- Develop and enhance quantitative models for the pricing, risk management, and analysis of equity derivatives products, with a focus on identifying and understanding model-driven biases.
- Conduct in-depth research into market dynamics to refine pricing methodologies and strengthen risk management frameworks.
- Design and execute backtesting of inventory management and trading strategies, rigorously assessing performance and robustness across a range of market conditions.
- Build and maintain analytical tools, data pipelines, and research platforms to support the activities of trading teams.
- Collaborate closely with traders to support decision-making processes and optimize product selection.
Benefits
- Comprehensive employee benefits and perks
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
