Institutional Equity Derivatives Sales – Analyst/Associate

Morgan Stanley • San Francisco, CA

114d • $110,000 - $200,000

About The Position

The Institutional Equity Division (IED) is a global leader in the origination, distribution, and trading of equity, equity-linked, and equity-derivative securities. Our Equity Derivatives Sales & Trading team partners with hedge funds, asset managers, pensions, endowments, foundations, and ultra-high-net-worth individuals to deliver differentiated content, liquidity, and product solutions that help clients generate alpha and manage risk. We are seeking a high-performing professional to join our San Francisco-based Institutional Derivatives Sales team. This is a rare opportunity to work in a lean, entrepreneurial environment within a top-tier investment bank, where you will have direct exposure to senior leadership, strategic clients, and cross-divisional initiatives.

Requirements

• 1–4 years of experience in institutional sales, trading, structuring, or a related role.
• Strong quantitative, analytical, and problem-solving skills.
• Entrepreneurial mindset with the ability to work autonomously and take ownership.
• Excellent communication and interpersonal skills; ability to build trust with clients and internal stakeholders.
• Passion for markets and a desire to grow within a high-performance team.

Nice To Haves

• Experience or interest in bridging institutional and private wealth channels is a plus.

Responsibilities

• Support and grow the institutional derivatives business across the West Coast, with a focus on strategic client coverage and revenue generation.
• Collaborate with internal partners across Trading, Structuring, Advisory and Private Wealth Management to deliver integrated solutions to clients.
• Work across institutional and wealth channels to enhance client engagement and expand the reach of our derivatives platform.
• Contribute to the distribution of ideas, trading axes, and execution across a broad suite of products including listed and OTC options, custom equity baskets, QIS, exotics, dispersion, and structured solutions.
• Drive initiatives to improve consistency, scalability, and client engagement across the platform.

Benefits

• Comprehensive employee benefits and perks in the industry.
• Opportunities for career advancement within the company.

What This Job Offers

• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees