VP, Quant Strats — Hybrid (Remote 2 days)

Morgan-Stanley; Town of Islip (NY); On-site; USD 225,000 - 250,000; Full time

Job summary

Morgan Stanley is seeking a Vice President, Strats in New York, NY to develop and maintain pricing models, support daily trading and risk management, and collaborate with trading, sales and model risk teams. Telecommuting permitted up to 2 days per week.

The role requires a Master’s in OR/FE and at least 3 years of quantitative experience, with strong Python, C++, and Monte Carlo pricing expertise.

Qualifications

• Master’s degree in Operations Research, Financial Engineering, or related field.
• Three years of experience in the offered role or related internships.
• Strong knowledge of stochastic calculus, probability theory, and Python for quantitative work.

Responsibilities

• Develop new pricing models and maintain existing models.
• Support daily trading and risk management activities.
• Assist traders and sales teams in understanding the market and developing new business.
• Collaborate with controllers and model risk on documentation and approvals.

Skills

Stochastic calculus

Probability theory

Python

Git/GitHub

Statistics

Machine learning

Default intensity

Hazard rate modeling

Pricing libraries

Credit derivatives

Interest-rate derivatives

Monte Carlo simulations

Education

Master’s degree in Operations Research / Financial Engineering

Tools

GitHub

Job description

Morgan Stanley is seeking a Vice President, Strats in New York, NY to develop and maintain pricing models, support daily trading and risk management, and collaborate with trading, sales and model risk teams. Telecommuting permitted up to 2 days per week.

The role requires a Master’s in OR/FE and at least 3 years of quantitative experience, with strong Python, C++, and Monte Carlo pricing expertise.