Credit Flow and Structured Credit Desk Strat / Quant

Job description

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.

Department Profile

The Credit Flow and Structured Product Group (SPG) strats team support London corporate bond, CDS and ABS bond trading desk by building and maintaining pricing and risk models, deal specific structuring, opportunity scanners, trading algorithms and data analysis on products and performance. The group works closely with other quant teams, risk management teams and technology teams to maintain and further develop the pricing and risk model, resolve regulatory issues and develop trading software for automatic, electronic and manual trading.

Primary Responsibilities

Develop and maintain data analysis for pricing, risk management and opportunity scanning for traders and sales, assist with pricing and risk models for structured credit and corporate credit and assist with the development and implementations of a bond trading algorithm.

Desired profile

Skills required (essential)

- Strong quantitative skills in probability, stochastic calculus, PDE, numeric method (Ph.D. or MS in maths or physics)
- Understanding of structured credit or corporate credit products
- Experience of front office work environment. Can work under pressure.
- Good communication skills.
- Experience with Java or Scala or similar programming language

Skills preferred

- Experience in other market and products: FX, credit or Equity

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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. *LI-JD2