Division: Fixed Income Division
Job Title: Quantitative Strategist
Location: Mumbai
Job Level: Manager/Senior Manager
Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
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Department Profile
The Fixed Income Division is comprised of Interest Rate and Currency Products, 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. The Commodities Division is a market leader in energy, metals, and agricultural product trading worldwide whose professional's trade in both physical and derivative commodity risk.
Background on the Team
The Fixed Income Macro desk, headquartered in Singapore, trades IR and FX derivatives in most Asian and G10 markets.
Primary Responsibilities
Morgan Stanley is seeking a Manager/Senior Manager Quant (4-6 years of experience) with strong analytical skills to join the Asia Flow Rates strategies. The new hire will be involved in developing analytics tools, and in supporting traders' daily operations for the Rates desk.
Successful candidate must be a result-oriented problem solver, who can pick required math, technical and finance knowledge as needed.
Responsibilities
This role is part of the Asia Flow Rates Desk Strat (desk quant) team, and will focus on the following areas:
- Quantitative support for the Flow Rates Trading desk
- Support of various Python-based reports used by the desk
o Supporting traders with trade pricing, risk management and PnL investigation.
o Development tasks where needed (Python / Scala / C++)
- Scripting and automation of routine tasks (e.g. model change analysis, ad-hoc risk reports)
• Developing tools for pricing, risk management and data-driven insights.
• Working with controllers and the model risk groups on model documentation and approval.
Skills desired
Finance:
- Understanding of pricing/modelling of linear fixed income products is essential
- IRS / CCS / FX Forwards
- TRS / Bonds
- Understanding of pnl attribution of above products
- Any experience with non-linear products is plus.
Technical:
- Experience with Python is essential
- Familiarity with data science packages helpful
- Experience with KDB is ideal
- Experience with Scala and/or C++ is a plus
Other:
§ Excellent analytical and problem-solving skills.
§ Strong technical communication skills & ability to work independently
§ Attitude of automating tasks and creating zero-intervention workflows is ideal
- Demonstrable experience of writing testable code in a financial setting is ideal.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
We're committed to bringing passion and customer focus to the business.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Coverage for Audit Jobs
• Monday to Friday from 12:00PM to 9:00PM India time with flexibility on standard working hours for time sensitive matters.
• Periodic evening calls with US and EMEA Internal Auditors and auditees.