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The Fixed Income Division is comprised of Interest Rate and Currency Products, Commodity Products, and Credit Products and Distribution. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets.
Background on the Team
The Rates Bank and Corporate Strategy Team based in New York is seeking an Associate or Vice President to help with booking entity migration and building out the corporate business. Products covered by the team include interest rate derivatives, government bonds, repurchase agreements, vanilla and exotic options.
Key Responsibilities:
- Work on key initiatives within Rates Bank and Corporate Strategy Team via the development and implementation of booking entity migration
- Work closely with Corporate Sales to build out the Corporate Rates business
- Assist with financial analysis (e.g. pnl, capital, liquidity)
- Track client migration progress and status
- Assist with presentations and materials to management and regulators, as well as other ad-hoc requests
- Work on new product approval requirements
- Identify areas of project management inefficiency and proactively propose and implement improvements
- Provide derivatives trade booking guidance to Sales, Trading and Operations and ensure accurate and timely booking
- Identify and resolve trade breaks
- Manage operational setups and streamline processes
Qualifications:
- 5 years of Derivatives experience required
- Experience in Rates Middle Office within Investment Banking and Financial Services preferred
- Background in financial business performance and planning (P&L, Capital, Expenses, etc.)
- Familiarity with various Dodd-Frank margin requirements
- Highly team oriented, commercially driven and overall eagerness to learn
- Excellent written and oral communication skills
- Ability to research, collect and manage large datasets
- Strong organizational skills and project management skills with the ability to efficiently multitask and deliver under tight deadlines
- Strong problem-solving skills, attention to detail and ability to share information in comprehensible formats
- Ability to work in a fast-paced environment and quickly grasp key concepts
- High proficiency in PowerPoint and MS Excel, with an ability to analyze large datasets, distill conclusions and create dashboards
Expected base pay rates for the role will be between $150,000 and $200,000 per year at the commencement of employment for Associate, and $225,000 to $250,000 per year at the commencement of employment for Vice President. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).