Associate, Trading

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking securities investment and wealth management services. The Firms employees serve clients worldwide including corporations governments and individuals from more than 1200 offices in 43 countries.

In the Prime Brokerage and Institutional Equity division we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha.

What youll do in the role:

Morgan Stanley & Co. LLC is seeking an Associate Trading in New York New York to manage institutional client flow on delta-one exchange-traded funds swaps futures and forwards on major US equity indices ensuring accurate pricing timely execution and optimal hedging. Devise and monitor automated trading strategies on listed delta-one derivatives. Identify spread trading opportunities and index arbitrages. Work closely with the quantitative strategists for algorithm design. Manage risk for client and proprietary trading positions including monitoring daily exposure and executing portfolio rebalances. Develop analytical models and internal tools to evaluate dividend carry basis risk and financing resource optimization. Work closely with derivatives sales cash and future execution desks. Lead discussions on product offerings market developments and trading strategy.

What youll bring to the role:

-Requires a Bachelors in Finance Financial Engineering or a related field of study.

-Requires two (2) years of experience in the position offered or two (2) years of experience as an Analyst Trading or a related occupation.

-Requires two (2) years of experience with the following skills:

• Evaluating derivatives pricing and valuation including ETFs swaps futures forwards options and structured products using fundamental and quantitative inputs;
• Utilizing understanding of financial concepts including hedging leverage financing dividends and corporate actions and equity market microstructures with liquidity market impact and order flow dynamics;
• Utilizing understanding of forecasting and trading index rebalances using proprietary tools including CuBa Batman and Carbon;
• Conducting advanced analytical and mathematical skills;
• Performing dynamic hedging optimization and arbitrage discovery across fungible products;
• Proficiency with Microsoft Office suite and VBA Macros;
• Programming data analysis and modeling using Python;
• Conducting risk management analysis and portfolio performance attribution using RiskViewer and TraderDesktop;
• Experience with project management and process automation;
• Algorithmic trading strategy design documentation parameter analysis and monitoring;
• Performing Client flow management and trade coordination through effective instant communications with sales clients and brokers using IPC turret and Bloomberg;
• Cross-functional collaboration and project management with risk technology and operations teams;
• Attention to detail in pricing execution and trade reconciliation; and
• Demonstrating compliance-awareness and adherence to trading and regulatory guidelines.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley we raise manage and allocate capital for our clients helping them reach their goals. We do it in a way thats differentiated and weve done that for 90 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe please copy and paste into your browser.

Expected base pay rates for the role will be between $175000 and $200000 per year at the commencement of employment. 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion where individuals are hired developed and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate bringing a variety of backgrounds talents perspectives and experiences.

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