FID - Structured Rates Strategist - VP/ED

PowerToFly; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

A leading global financial services firm is seeking a Structured Rates Strategist – Vice President/Executive Director to develop and maintain derivatives pricing models for exotic interest rates products. This role involves collaborating closely with the trading team to ensure accurate risk management and performing data analysis essential for trading desks. The ideal candidate will have a degree in a quantitative subject and strong experience in quantitative modelling. The company offers flexible working arrangements.

Benefits

Flexible working opportunities

Supportive and inclusive environment

Qualifications

• Demonstrable equivalent experience as a quantitative analyst.
• In-depth understanding of quantitative modelling for exotic interest rates products.
• Ability to self-motivate and work independently.

Responsibilities

• Develop and maintain derivatives pricing models for exotic interest rates products.
• Collaborate closely with the trading team for risk management.
• Perform data analysis for trading desk.

Skills

Quantitative modelling

Analytical skills

C++

Python

Scala

Education

Degree in Mathematics or Physics

Job description

FID – Structured Rates Strategist – Vice President/Executive Director

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.