Asia Structured Credit Strats, Vice President, Fixed Income Division

PowerToFly; Mumbai; On-site; INR 11,428,572 - 17,142,858; Full time

Benefits offered by this job

Comprehensive employee benefits and perks

Opportunities for career advancement

Job summary

Morgan Stanley is seeking a dedicated Vice President for their Asia Structured Credit Strats team in Mumbai, India. The role demands developing and improving pricing models while collaborating closely with traders and global teams on trading and risk management. A MSc. or PhD in a quantitative field is essential, along with strong coding skills and a solid foundation in mathematics.

This position offers a unique opportunity to contribute to innovative strategies in a leading global financial services firm.

Qualifications

• Strong knowledge of high-level mathematical models for pricing structured products.
• Ability to interact and cooperate with global teams.
• Strong skills in pricing, valuation, hedging, and risk management.

Responsibilities

• Develop new pricing models and improve existing ones.
• Work with traders to price trades and solve immediate desk problems.
• Collaborate with controllers and model risk groups on model documentation.

Skills

Experience on an Exotic trading desk

Strong coding / scripting skills (C++; Scala a plus)

Strong analytical and problem solving skills

Solid mathematical foundations

Strong communication skills

Education

MSc. or PhD in mathematical finance, mathematics, physics or engineering

Job description

Asia Structured Credit Strats, Vice President

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 747 offices in 42 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 Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Commodities and Distribution. 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 Asia Structured Credit Strats team is looking for a highly motivated VP level candidate to help support the Asia Structured Credit business.

The candidate will work closely with credit exotics traders in Hong Kong and senior strats in London on day-to-day trading and structuring needs, including pricing, valuation, hedging, and risk management.

The candidate will require deep understanding of high level mathematical models used for pricing structured products or mitigating risks, and also an ability to interact and cooperate with global teams.

Role Profile

• Develop new pricing models and maintain and improve existing models: this will involve developing or prototyping the mathematical model, and then implementing it in the code so that IT can take it to production

• Work with traders to price incoming trades, provide quick tools for desk to solve problems in front of business

• Partner closely with controllers and the model risk groups on model documentation and approval

• Working with various corporate functions such as Technology, Finance, Risk, COO, OPS etc. to drive the business forward

Skills Required

• MSc. or PhD in mathematical finance, mathematics, physics or engineering.

• Solid mathematical foundations, especially probability theory and statistics.

• Experience on an Exotic trading desk (e.g., structured credit or rates, FX exotics) would be ideal

• Strong analytical and problem solving skills.

• Strong coding / scripting skills (C++; Scala a plus)

• Strong communication skills to interact with trading desk

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 that’s differentiated – and we’ve 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 - 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.