We are looking for candidates to join the XVA strat team. XVA Desk is a unit within Fixed Income (FID) and focuses on pricing and hedging Counterparty Credit Risk. The candidate will work closely with XVA strats and traders in New York, London, Hong Kong, with credit/market/model risk management, controllers as well as IT. The candidate will require deep understanding of high level mathematical models used for pricing financial products or mitigating risks, and also an ability to interact and cooperate with global teams.
The modeling team in Budapest is embedded in the global Strat team and provides quantitative solutions to multiple businesses across several divisions (FID, IED and Risk Management). The team prices and hedges credit, funding and collateral risks associated with OTC derivatives. The Strat team in Budapest works closely with the New York and London offices.
Want more jobs like this?
Get jobs in Budapest, Hungary delivered to your inbox every week.
You will:
- Build, transform and implement models for exposure calculations along all asset classes.
- Develop and implement ongoing monitoring and tracking methods for different key metrics.
- Support the global teams with information and analysis, transform raw data into meaningful metrics and charts to support decision making.
- Produce ad hoc deliverables and reporting materials.
You have:
- MSc. or PhD in mathematical finance, mathematics, physics, statistics, engineering, computer science or similar quantitative area.
- Solid mathematical foundations, especially probability theory and statistics.
- Strong analytical and problem solving skills.
- Genuine interest in finance, statistics, and software development.
- Good programming skills in some object-oriented or functional language.
- Self-motivated personality with high standards for quality of work and accuracy, and attention to details.
- Confident command of English.
- Ability and willingness to work with global teams.
- Aptitude to work in a fast-paced, high energy level environment.
#LI-EK1 BPMM
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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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.