QDS Asia Strats , Senior Manager , Institutional Equity Division

Morgan-Stanley; Mumbai; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

Morgan Stanley is seeking a Quantitative/Derivatives specialist in Mumbai to join the QDS Asia group. The role involves building and supporting delta-one baskets, pricing and risk analysis across equity derivatives, and collaborating with Sales & Trading to drive client flows.

The position requires 4–5 years of index/quant analytics experience, strong Python and KDB skills, and a solid understanding of derivatives markets. Strong communication and attention to detail are essential.

Qualifications

• Degree with quantitative discipline is required.
• 4–5 years’ exposure to Index/Quants Research and equities/multi-asset analytics.
• Strong understanding of Finance Market and Derivatives concepts; knowledge of options is a plus.

Responsibilities

• Coordinate with sales to support client flows across vanilla and exotic derivatives, from pricing, execution to trade booking and documentation.
• Manage trade lifecycle, including amendments, booking breaks and reconciliations.
• Provide daily analytical support for flow, market and trend analyses; maintain baskets and index workstreams.
• Develop scalable Python tools and Excel workflows to streamline reporting and desk operations.
• Support desk with automation and error reduction in daily outputs.

Skills

Quantitative analysis

Derivatives knowledge

Index/Quants research

Sales & Trading exposure

Education

BE/BTech or MS in Maths/Statistics/Financial Engineering

Tools

Python

KDB

Job description

Company ProfileMor g an Sta n ley is a lea d ing global fi n anc i al s e rv ic es firm prov i ding a wide ran g e of invest m ent ba n king, s e c u rit i es, inv e st m ent m anage m ent and w e alth m anage m ent serv i c e s . T h e Fir m 's e m ploye e s s e rve clien t s w o rldwi d e inc l u d ing corp o ratio n s , govern m en t s and ind i vid u a l s from m ore than 1,2 0 0 offic e s in 43 co u ntries.As a m arket lead e r, the talent and p a ss i on of our p eo ple is c r itical to our s u cc es s. Togeth e r, we share a co mm on set of val u es r o ot e d in i ntegri t y, excel l e n ce and str o ng team ethic. Mor g an Sta n ley c a n p r o v i de a sup e ri o r fo u ndation for building a pr ofessio n al c a re e r - a pl ac e for p e ople to lea r n, to a c hi e v e and g row. A p hil o sop h y that ba l ances pers on a l lifestyl e s, persp e c tives a nd nee d s is an im portant part of our cult u r e .Department ProfileFrom global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.Morgan Stanley’s Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.Primary ResponsibilitiesThe Quantitative and Derivative Strategies Group (QDS) provides investment strategies and quantitative models and bespoke strategies for external clients and the sales desk. We are looking for proactive, self-starting individual to be part of QDS Asia group. This is a challenging role and offering exposure to an interesting, dynamic product group and work environment to build your career in. The role also offers a unique opportunity of exposure to financial analysis across varied industries/sectors combined with working on Sales & Trading related activities for the desk. The role covers both delta one basket and derivatives support -Responsibilities for this role would involve:Coordinate with sales to support client flows across vanilla and exotic derivatives, from pricing, execution to trade booking, reconciliation, trade documentation drafts.Manage trade lifecycle (amends/cancels, booking breaks, operational follow‑ups).Manage basket maintenance - including index/basket rebalance coordination, implementation checks, corporate action impacts etc.Provide daily analytical support for flow, market, trend analysis through data extraction, process, feed etc.Maintain tracking/monitoring of thematic/factor/regional baskets, including relative performance and key drivers. Assist in the construction of baskets and index.Drive ad‑hoc system/workflow projects to improve desk efficiency, automation, repeatability, and error reduction in daily outputs.Build scalable tools (Python; Excel/VBA where relevant) to streamline reporting, analytics, and operational workflows.Office Timings: 06 AM – 03 PMSkills required (essential)Degree with quantitative discipline (BE, BTech, MS in Maths/Statistics/Financial Engineering).4-5 years’ prior exposure to Index/Quants Research and equities/multi asset indices analytics is important.Coursework/Strong understanding in Finance Market, (Derivatives Knowledge must)Excellent written and verbal communication skills/Ability to express ideas via writing. Prior track record in writing marketing material/trade ideas for wider distribution will be advantageous.High level of attention to detail.Proficiency in Python & KDB (both mandatory).In addition, the candidate should have theoretical or practical understanding of -Options and their behavior over timeBasic options trading strategiesGeneral behavior of Equity Derivatives markets – Flow and Structured ProductsMorgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.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 .