SPG Repo Junior Trader - Fixed Income Division - Analyst/Associate

Morgan Stanley • New York, NY

2d • Onsite

About The Position

Morgan Stanley is a leading global financial services firm. The SPG Repo desk focuses on providing secured asset based financing solutions across a large number of clients including hedge funds, asset managers, REITS, and private capital investors. Repo trading is an operationally intensive activity that relies on the ability to closely monitor and manage collateral flows in order to quickly address issues that arise. The SPG Repo team is looking for an experienced analyst or junior associate, ideally with 2-3 years of experience in repo operations or in the securitized products group to join the team.

Requirements

• Strong quantitative, analytical and interpersonal skills
• Proactive worker with the ability to work as part of a close-knit team as well as independently
• High level of initiative, motivation, attention to detail, positive attitude, and the ability to work in a fast paced environment
• A commercial mindset and desire to collaborate and create strong partnerships with sales & trading and clients
• Excellent communication skills, both written and verbal
• Minimum education qualification is a Bachelor's degree
• Licensed with SIE, Series 7 and 63 (can be completed in role)
• Provide leverage to team members: have a "commercial mind-set" to understand how personal contributions result in revenue generation and creation of shareholder value
• Strong time management skills and understanding of how individual work performance (including speed, attention to detail, quality) impacts the firm's ability to serve clients
• Possess a positive attitude and determination to complete tasks while demonstrating intellectual curiosity to understand the product and business
• Analyze and interpret data: can identify trends and themes in quantitative analyses and communicate them effectively
• Excellent modelling, writing, research, and presentation skills (e.g., proficient in PowerPoint, Excel, Word)
• Have a desire to develop into a role requiring frequent interaction with clients to provide market updates, seek new business opportunities and execute on transactions
• Anticipate needs of client, team and senior members of the team: show initiative to support team members and be pro-active with improving processes and responsibilities
• Have a strong attention to detail

Nice To Haves

• Ideally with 2-3 years of experience in repo operations or in the securitized products group

Responsibilities

• Maintain and monitor upcoming rolling and resetting trades throughout the approval process
• Collaborate with credit and market risk partners to address client, sector, and security specific questions about pending approvals, existing desk exposure, and future desk activity
• Book trades and lifecycle events and liaise with operations teams to monitor settlement status, working to resolve issues with the respective internal and external parties
• Establish/maintain a strong connection with various sales and trading desks
• Work closely with sales and senior members of the desk to support revenue generation
• Analyze securitized products across various asset classes
• Interact with various sales and trading desks to identify key risks and challenges across clients and specific product markets
• Create presentations for governance committee review and management reporting

Benefits

• Ample opportunity to move about the business for those who show passion and grit in their work
• Comprehensive employee benefits and perks in the industry

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level