$150K — $200K *
Morgan Stanley & Co., LLC seeks a Vice President in New York, New York
Trade and risk-manage complex and non-standard derivative products, including trades that span multiple asset classes and innovative payoffs on index, single stock, and algorithmic strategy underliers. Utilize a wide variety of market instruments and complex risks to price and hedge the risk of exotic options and notes, including cliquets, barrier options, volatility target options and variance-based products. Work with software engineers on development of new tools to increase efficiency. Book new trades and coordinate other life-cycle events. Respond to client requests about products and pricings. Run backtests to optimize hedging strategies. Work closely with the Financial Engineering group to manage risk, price new trades, and design new custom strategies.
Requires a Master's degree in Financial Engineering, Operations Research, Economics, or a related field of study and one (1) year of experience in the position offered or one (1) year of experience as an Analyst, or related occupation. The employer will accept a Bachelor's degree in Financial Engineering, Operations Research, Economics, or a related field of study and 3 years of experience in lieu of Master's degree and one (1) year of experience. Employer will accept a 3-or-4-year bachelor's degree. Requires any amount of experience with: stochastic volatility models implementation and calibration; partial differential equations; Monte-Carlo Simulation; Excel, trading of equity derivative products, backtesting of financial strategies, modelling of FX and equity derivative products.
Morgan Stanley Use Only: *LI-DNI
Valid through: 4/19/2021
$150K — $200K