FID - Structured Rates Strategist - Assoc/VP

PowerToFly; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading financial services firm in London is seeking a Structured Rates Strategist. The role involves developing derivatives pricing models and collaborating with trading teams. Candidates should have a strong background in quantitative analysis and coding skills in C++, Python, or Scala. Ideal for self-motivated individuals who can manage multiple tasks independently. The firm values excellence, creativity, and inclusion, offering a supportive environment for career growth.

Benefits

Comprehensive employee benefits

Flexible working arrangements

Professional growth opportunities

Qualifications

• In-depth understanding of market behavior of interest rates exotic products.
• Experience as a quantitative analyst is preferred.
• Coding experience is required.

Responsibilities

• Develop and maintain derivatives pricing models.
• Collaborate closely with the trading team.
• Perform data analysis for the trading desk.

Skills

Quantitative modelling

Analytical skills

Problem solving

Communication

Self-motivation

Multitasking

Education

Degree in a quantitative subject

Tools

C++

Python

Scala

Job description

FID – Structured Rates Strategist – Assoc/VP

Department Overview

The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Securitized Products, and Municipal Securities. 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 professionals trade in both physical and derivative commodity risk.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. 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. We 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.

What will you be doing?

• Developing and maintaining derivatives pricing models for exotic interest rates products.
• Expanding the scope of our pricing/modelling capabilities to new underliers/payoffs.
• Assist with risk management & ad‑hoc investigations that arise.
• Collaborating closely with the trading team to ensure accurate risk management.
• Performing data analysis for trading desk.
• Working with control partners on model documentation and approval.
• Working closely with the wider Macro Strat teams globally to align MS strategy and contribute new ideas based on technical expertise.

What we’re looking for:

• Demonstrable equivalent experience, preferably as a quantitative analyst, with an in-depth understanding of quantitative modelling, valuation and market behaviour of interest rates exotic products.
• Some knowledge of hybrids/cross‑asset products is advantageous.
• Degree in a quantitative subject (Mathematics, Physics, etc.), including coding experience, preferably in C++/Python/Scala.
• Strong analytical, problem solving and communication skills are needed to translate front office business needs into clear, achievable deliverables by both strategist and technology teams.
• Ability to self‑motivate, multitask and work independently.

Certified Persons Regulatory Requirements

This role is deemed as 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.

Internal Applicants

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.

Equal opportunities statement

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 89 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – aren’t just beliefs, they guide the decisions we make every day to do what’s best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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