Morgan Stanley

MSET Quantitative Research (Futures) - Strats - Vice President / Executive Director

Morgan Stanley$225K — $300K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree (PhD, MS, or equivalent) in a quantitative field such as Finance, Mathematics, Physics, Computer Science, or Engineering
  • 6+ years of experience in quantitative research, electronic trading, or execution analytics, with a strong focus on listed derivatives/futures
  • Deep understanding of futures market structure, including spreads, liquidity dynamics, and matching mechanisms
  • Proven experience in transaction cost analysis (TCA) and execution strategy optimization
  • Strong programming skills (Python required; experience with C++/Java a plus) and ability to work with large datasets
  • Experience partnering with technology teams to deliver production trading systems
  • Strong communication skills, with the ability to translate quantitative insights into actionable client recommendations

Responsibilities

  • Partner with MSET Sales to support strategic client engagements, delivering bespoke TCA analyses and leading quarterly execution reviews.
  • Own and maintain trade cost data quality across futures products globally.
  • Lead plant-wide data reviews across asset classes to ensure consistency, accuracy, and usability of TCA metrics.
  • Collaborate with internal governance frameworks to validate and approve metrics for external client marketing.
  • Develop and enhance cost models for futures execution, including volume curve construction and execution scheduling.
  • Drive enhancements to execution engines using deep understanding of futures market structure and empirical data.
  • Continuously assess and improve algorithmic performance through rigorous data analysis and feedback loops.

Benefits

  • Comprehensive healthcare and wellness programs
  • Robust retirement plans including employer matching
  • Opportunity for professional development through training and educational programs
  • Access to exclusive networking events and industry conferences
  • Flexible work arrangements and time-off policies
Full Job Description
Key Responsibilities
  • Client Consulting & TCA Leadership: Partner with MSET Sales to support strategic client engagements, delivering bespoke TCA analyses and leading quarterly execution reviews. Provide actionable recommendations to clients on execution strategies to minimize market impact and improve performance. Design and execute custom data analyses and experiments tailored to client trading behavior and objectives
  • Data Quality & Platform Oversight: Own and maintain trade cost data quality across futures products globally, Lead plant-wide data reviews across asset classes to ensure consistency, accuracy, and usability of TCA metrics, Collaborate with internal governance frameworks (e.g., MSET) to validate and approve metrics for external client marketing
  • Quant Research & Model Development: Develop and enhance cost models for futures execution, including volume curve construction and execution scheduling for benchmark strategies, Drive enhancements to execution engines using deep understanding of futures market structure and empirical data, Contribute to broader firm initiatives around electronic trading innovation and analytics, Continuously assess and improve algorithmic performance through rigorous data analysis and feedback loops


Candidate Qualifications
  • Advanced degree (PhD, MS, or equivalent) in a quantitative field such as Finance, Mathematics, Physics, Computer Science, or Engineering
  • 6+ years of experience in quantitative research, electronic trading, or execution analytics, with a strong focus on listed derivatives/futures
  • Deep understanding of futures market structure, including spreads, liquidity dynamics, and matching mechanisms
  • Proven experience in transaction cost analysis (TCA) and execution strategy optimization
  • Strong programming skills (Python required; experience with C++/Java a plus) and ability to work with large datasets
  • Experience partnering with technology teams to deliver production trading systems
  • Strong communication skills, with the ability to translate quantitative insights into actionable client recommendations


Expected base pay rates for the role will be between $150,000 - $200,000 per year for Associate and $225,000-$300,000 per year 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.

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

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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