Fixed Income Division - Associate/Sr Associate, Rates Sales Assistant

Morgan Stanley; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Morgan Stanley in Mumbai is seeking a Sales Assistant to support the NY Rates Sales desk within the Fixed Income Division. The role covers front-office support for OTC interest-rate derivatives, bonds, and hybrid products, with emphasis on timely trade capture and accurate confirmations.

The candidate must be able to work NY market hours, demonstrate strong communication, and manage multiple priorities under pressure in a fast-paced environment. Experience with derivatives is essential.

Qualifications

• Experience in a sales or trading support role for Interest Rate Derivatives.
• Experience in OTC Derivative trade capture and trade booking.
• Familiarity with Derivatives settlements, confirmations or OTC clearing; DTCC or Markitwire is a plus.

Responsibilities

• Support the NY Rates Sales desk with front-office tasks and trade booking for interest rate swaps, swaptions and cash trades.
• Identify amendments with the trading desk and resolve disputes with downstream operational teams.
• Coordinate with trade settlement and confirmation teams when needed and liaise with NY team to align on market hours.
• Work closely with the NY team and ensure effective communication under time pressure.

Skills

Attention to detail

Pressure under market stress

Communication skills

Derivative product mechanics

Excel / VBA

Tools

DTCC

Markitwire

Job description

Role Overview

As part of the Fixed Income Division, the Sales Assistant is responsible for working with and supporting the NY Rates Sales desk from Mumbai. Sales Assistant provides high-quality front-office support to Rates Sales desks across OTC interest-rate derivatives, Bonds and hybrid products.

Primary Responsibilities

• This role directly supports the NY Interest Rate Sales desk.


• The role includes trade booking processing for interest rate swaps, swaptions and cash trades as well as identifying amendments with the trading desk, resolving disputes with downstream operational teams and systems, and liaising with trade settlement and confirmation teams when needed.


• Candidate will work very closely with the team in NY and must be able to work in NY market hours.


• The candidate should be a clear communicator who works well under time pressure, can manage multiple priorities and is comfortable raising issues for escalation.

Qualifications and Experience

Candidate must have previous experience in a sales or trading support role for Interest Rate Derivatives. Experience required in OTC Derivative trade capture and trade booking. Familiarity with Derivatives settlements, confirmations or OTC clearing, DTCC or Markitwire is a plus

Skills required

• Extremely diligent with strong attention to detail


• Ability to handle stress and pressure of fast markets


• Must be self-motivated, confident and possess excellent communication skills


• Established understanding of derivative product mechanics


• Excel / VBA for spreadsheet analysis work

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.