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

Morgan Stanley•New York, NY

4d•Onsite

About The Position

Morgan Stanley is a leading global financial services firm. The SPG Repo desk provides secured asset-based financing solutions to clients including hedge funds, asset managers, REITS, and private capital investors. This role is within the SPG Repo team, focusing on repo trading, which is an operationally intensive activity requiring close monitoring and management of collateral flows. The team is seeking an experienced analyst or junior associate with 2-3 years of experience in repo operations or the securitized products group.

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.