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

16 MS & Co., LLC; New York (NY); On-site; USD 160,000 - 300,000; Full time

Job summary

Morgan Stanley’s Fixed Income Division seeks a seasoned professional for Municipal Securities Structuring. You will provide analytical, quantitative and operational support to execute bespoke structured transactions, and work with the salesforce to tailor structures to client needs.

You will develop marketing materials, collaborate with Morgan Stanley desks and external partners, and leverage cash and derivative products to design solutions for borrowers and investors.

Qualifications

• Undergraduate degree required.
• 5+ years of experience in structured finance/fixed income.
• 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.

Responsibilities

• Provide the analytical, quantitative and operational contributions necessary to execute bespoke structured transactions.
• Work closely with the salesforce to identify 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 within Morgan Stanley and externally to support structuring activities.

Skills

Strong analytical and quantitative

Excellent verbal and written skills

Team-oriented / collaborative

Curious / self-starting

Eager to use new technologies

Education

Undergraduate degree

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 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 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.

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.

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.