Quantitative Investment Strategies, Manager, Institutional Equity Division

131 Morgan Stanley Advantage Svcs; India; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Morgan Stanley in India seeks a Quantitative Investment Strategies Senior Associate within the Institutional Equity Division to design and back test index strategies, and to maintain production indices.

The role requires 2-4 years in index analytics, strong Python skills and familiarity with R/Java, and the ability to convey results to non-technical teams in a fast-paced front-office environment.

Qualifications

• Degree in a quantitative discipline (BE/BTech/MS in Maths/Statistics/Financial Engineering).
• 2-4 years of exposure to Index/Quants Research and equities/multi-asset indices analytics.
• Strong programming skills in Python (mandatory), R and Java.
• Ability to communicate results to a non-technical audience and work in a front-office environment.

Responsibilities

• Work on new equity and multi-asset index development including back testing and coding.
• Develop processes to improve index support and standardize code and workflows.
• Oversee index rebalance processes and modify existing live indices as needed.
• Produce performance attribution and periodic client-facing reports.
• Draft index descriptions for adjustments and support bespoke scenario analyses.

Skills

Communication skills

Team collaboration

Front office experience

Attention to detail

Education

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

Tools

Python

R

Java

Job description

Quantitative Investment Strategies, Senior Associate, Institutional Equity Division

The Quantitative Investment Strategies business at Morgan Stanley sits within the Institutional Securities Group with a cross-asset mandate and is a global multi-function team consisting of dedicated Research, Structuring, Strats, and Trading.

The mandate of the group is to design quantitative systematic strategies that can be offered to the firm’s clients to access in a variety of formats.

This is a challenging role and offering exposure to an interesting, dynamic product group and work environment to build your career in.

From 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.

Global Markets Group is the offshoring arm of Morgan Stanley’s Sales & Trading businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, strats to risk management.

What you’ll do in the role:

• Work on new equity and multi-asset index development - back testing, coding, tweaking codes etc.
• Development of processes to improve index support, e.g. scripts to aid debugging, index code refactoring and standardization
• Index oversight - Daily monitoring of the complex indices & resolving calculation issues (data problems, calendar errors, common code errors etc.)
• Overseeing Index rebalance processes for client directed strategies
• Making modifications in existing live indices e.g. new cost structures, universe changes, minor methodology adjustments
• Index Description drafting for minor adjustments, Repeat Index Launch Form completion
• Carrying out performance attribution of systematic strategies
• Production of periodic standard performance reporting for client distribution
• Development and production of position, stress, composition reports for clients
• Bespoke scenario/sensitivity analysis for clients

What you’ll bring to the role:

• Degree with a quantitative discipline (BE, BTech, MS in Maths/Statistics/Financial Engineering) from Tier 1 or 2 institutes
• 2-4 year of prior exposure to Index/Quants Research and equities/multi asset indices analytics is important.
• Computer Skills: strong programming skills such as Python (mandatory), R and Java.
• Must be able to flexibly respond to changes in priorities, be able to communicate results to a less-technical audience, work well in a team and be comfortable in a front office environment.
• Strong attention to detail.
• 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.
• Proactiveness / Initiative taking & Teamwork are the skills desired
• Option Greeks and their behavior over time
• Derivative products like Swaps, Swaptions, Spread Options, Cap/Floors, range accruals, Digitals etc.
• General behavior of Equity Derivatives markets – Flow and Structured Products

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.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.

Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world.

In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.

What We Do