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
From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world's financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.
Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.
Global Markets Group is the offshoring arm of Morgan Stanley's Sales & Trading businesses in India. It covers functions within IED ranging from those associated with sales, trading, analytics, strats to risk management.
Primary Responsibilities
We are looking for proactive, self-starting individual to be part of our India team working with HK Financial Engineering team. This is a challenging role and offering exposure to an interesting, dynamic product group and work environment to build your career in.
Responsibilities for this role would involve:
- Pricing of complex derivatives products including autocallables, light exo and bespoke hedging solutions.
- Preparing scenario analysis and historical performance backtesting for potential trades for better engagements
- Pre-quote analysis on new underlyings and testing of hedging robustness for slippages control
- Developing pricing models for non-approved payoffs for indicative pricings
- Marketing material (products backtests and pricing) update
- Regular communication with wider teams including Trading, Strats and Sales.
Skills required (essential)
- 2+ years of relevant working experience
- Degree with a quantitative discipline (BE, BTech in Computer Science, MS in Maths/Statistics/ FE) from Tier 1 & 2 institutes.
- Progress towards CFA would be preferred.
- Knowledge of programming languages such as Python, VBA, R or Matlab and ability to work with financial data
- Strong knowledge in Equity Derivatives, exotic equity linked structured note products & Option Greeks
- Strong inter-personal / communication skills.
- Strong attention to detail
- Drive and desire to work in an intense team-oriented environment.
In addition, the candidate should have theoretical or practical understanding of -
- Option Greeks and their behavior over time
- Derivative products like Swaps, Swaptions, Spread Options, Cap/Floors, range accruals, Digitals etc.
- General behavior of Equity Derivatives markets - Flow and Structured Products
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.