VP, eRates Strategy & Quant Alpha — Flexible

Morgan Stanley; Greater London; Hybrid; GBP 120,000 - 190,000; Full time

Job summary

Morgan Stanley is seeking an eRates Strategist (Vice President) to design and implement electronic trading algorithms for government bonds and interest rate swaps. The role involves developing statistical and ML models for alpha signals, pricing, hedging, and risk management, plus building tools for performance tracking.

You will collaborate with traders, technologists, risk managers, and sales to translate ideas into quantitative solutions, while maintaining rigorous, independent project

Qualifications

• Strong foundation in probability, statistics, and data analysis.
• Experience in quantitative research, particularly alpha signal research.
• Ability to translate trading ideas and business requirements into well-defined quantitative problems and deliver solutions iteratively.
• Strong communication skills, with the ability to explain complex technical concepts clearly to traders, sales, strats, technology, and risk management teams.
• Demonstrated ability to collaborate effectively with technology teams to coordinate development and production delivery.
• Self-motivated, rigorous, and tenacious, with the ability to work independently and manage multiple projects simultaneously.
• Strong understanding of financial markets, with knowledge of fixed income instruments, government bonds, and/or interest rate swaps.
• Advanced degree in a quantitative discipline; relevant academic research experience is a plus.

Responsibilities

• Design and implement electronic trading algorithms for government bonds and interest rate swaps.
• Develop statistical and machine learning models for alpha signal research, pricing, hedging, and risk management.
• Build tools for performance tracking and monitoring of algorithms and models.

Skills

Probability & statistics

Data analysis

Python

q/kdb+

Java

Quantitative research

Communication

Collaboration

Independent work

Financial markets knowledge

Fixed income instruments

Interest rate swaps

Education

Advanced degree in mathematics/statistics/physics/computer science/engineering

Tools

q/kdb+

Java

Job description

Morgan Stanley is seeking an eRates Strategist (Vice President) to design and implement electronic trading algorithms for government bonds and interest rate swaps. The role involves developing statistical and ML models for alpha signals, pricing, hedging, and risk management, plus building tools for performance tracking.

You will collaborate with traders, technologists, risk managers, and sales to translate ideas into quantitative solutions, while maintaining rigorous, independent project