Fixed Income Division - Municipal Securities - VP/ED, Structuring (New York)

Morgan Stanley; New York (NY); On-site; USD 160,000 - 300,000; Full time

Job summary

Morgan Stanley, a leading global financial services firm, seeks a Vice President/Executive Director in Municipal Securities Structuring within its Fixed Income Division in New York. The role focuses on designing and marketing structured transactions for borrowers and investors using cash and derivative products.

Collaborate with sales and other desks to meet client needs, develop marketing materials, and contribute to deal execution. Base pay ranges noted; compensation includes incentives.

Qualifications

• Undergraduate degree.
• 5+ years of experience in structured finance/fixed income.
• Strong analytical and quantitative skills.
• Excellent verbal and written communication and presentation skills.
• Curious, collaborative, detail-oriented and self-starting.
• Experience with data, automation and new technologies.

Responsibilities

• Provide analytical, quantitative and operational contributions to execute bespoke structured transactions.
• Work with sales to identify client needs and design structures to meet them.
• Develop and maintain marketing materials for existing and new products.
• Collaborate with Morgan Stanley desks and external partners to support structuring activities.

Job description

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 1,200 offices in 43 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 is comprised of Interest Rate and Currency Products, Credit Products 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. Morgan Stanley aligns its municipal investment banking, underwriting, sales, trading, lending, and M&A advisory in one integrated organizational group under the umbrella of the Municipal Securities Division.

From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.

Background on the Team

Within the Fixed Income Division, Municipal Securities Structuring is made up of a group of experienced municipal market professionals focused on providing exceptional marketing and execution services to the full complement of our borrower and investor clients.

The multi-faceted group sits between the nexus of origination, underwriting, and market making. The candidate will focus on the design and marketing of structured transactions to both clients and internal stakeholders using a wide array of cash and derivative products.

Primary Responsibilities

• Provide the analytical, quantitative and operational contributions necessary to execute bespoke structured transactions
• Work closely with the salesforce force to identify both client needs and design structures to meet those needs
• Develop and maintain marketing materials for existing and new product offerings
• Work and collaborate with other desks withing Morgan Stanley and externally to support structuring activities

Qualifications

• Undergraduate degree
• 5+ years of experience in structured finance/fixed income role, comfort with cash and derivative products
• Strong analytical and quantitative skills
• Excellent verbal and written communication and presentation skills
• Curious, inquisitive, collaborative, attention to detail, analytical, self-starting, team-oriented
• Eager to use new technologies, data and automation to enhance traditional job functions
• Ability to perform in a fast-paced, dynamic environment and simultaneously manage multiple high priority projects

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 90years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committingto diversity and inclusion, and givingback—neither, whatever? 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 42countries. At MorganStanley, you’ll find an opportunity to work alongside thebest and the brightest, in an environment whereyou are supported and empowered. Ourteams are relentless collaborators and creative thinkers, fueled by resilient background. 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.

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

Expected base pay rates for the role will be between $160,000 and $250,000 per year at the commencement of employment for Vice President and between $225,000 and $300,000 per year at the commencement of employment for Executive Director. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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.