Vice President, Strats
About The Position
Morgan Stanley & Co LLC is seeking a Vice President, Strats in New York, New York to develop mathematical models used for pricing financial products, mitigate risks, and provide analytical support for the business while interacting and cooperating with global teams. Support cross-asset xVA in daily trading and risk management activities with a focus on commodities markets: pricing new positions, hedging risks, and performing PnL attribution. Develop models, tools, and analytics to price and manage positions. Lead cross-divisional projects coordinating work of multiple developer groups. Assist traders, sales, and senior management in understanding pricing models and the quantitative side of the market. Telecommuting permitted up to two days per week.
Requirements
- Master’s in Financial Engineering, Finance, or a related field.
- Two (2) years of experience in the position offered or two (2) years as a Related Strats, or a related field.
- One (1) year of experience with the following skills: Analytical skills; Probability theory; Statistics; Stochastic processes; Developing models for pricing derivative products in asset classes including, rates, credit, foreign exchange, and equities; X Value Adjustments (XVA) including credit, funding, and collateral valuation adjustments; C++; Python or Scala; and Communicating mathematical xVA concepts to traders and risk managers.
Responsibilities
- Develop mathematical models used for pricing financial products, mitigate risks, and provide analytical support for the business while interacting and cooperating with global teams.
- Support cross-asset xVA in daily trading and risk management activities with a focus on commodities markets: pricing new positions, hedging risks, and performing PnL attribution.
- Develop models, tools, and analytics to price and manage positions.
- Lead cross-divisional projects coordinating work of multiple developer groups.
- Assist traders, sales, and senior management in understanding pricing models and the quantitative side of the market.
Benefits
- Commission earnings
- Incentive compensation
- Discretionary bonuses
- Other short and long-term incentive packages
- Other Morgan Stanley sponsored benefit programs
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What This Job Offers
Job Type
Full-time
Career Level
Manager
