What you'll do in the role:Morgan Stanley & Co. LLC. is seeking a Vice President, Strats in New York, New York to Develop automated tools and applications driving efficiency of trading processes, including buildout of data pipelines and analytical web application platforms using object-oriented programming and Python. Implement large scale capital stress testing scenarios based upon regulatory documentation, collaborate with Risk and Credit departments to validate official regulatory results. Own, document, standardize and prioritize Portfolio Management risk reporting. Expand analytical coverage across Corporate Loans, credit products and credit derivatives. Develop, document, validate and own quantitative Valuation and Risk models (Corporate Loans and Credit Derivatives products) including governance standards, trade booking and valuation processes, controls and production releases sign-offs. Provide advanced statistical and market scenario analysis, analyze and backtest portfolio hedging strategies, run portfolio optimization incorporating regulatory constraints and capital metrics (CCAR, RWA). Lead development of proprietary trading systems and tools, manage desk analytics scope and workflows. Architect infrastructure and design data controls, own and document tools supporting portfolio management and trading desk processes. Lead implementation of regulatory capital requirements, as well as desk capital reporting. Drive cross-functional controls, oversight and governance of regulatory processes. Drive IT systems business requirements and
scope. Oversee and validate IT department deliveries including trading systems architecture/design, implementation and controls standards.
What you'll bring to the role:-Requires a Master's in Financial Engineering, Computer Science, Engineering or a related field
-Requires three (3) years of experience in the position offered or three (3) years as an Associate, Risk Analytics, or a related role
-Requires Three (3) years of experience with the following skills:
- Utilizing Stochastic Calculus;
- Linear Optimization;
- Numerical Methods;
- Fixed Income Credit Products Modeling, including Derivatives: Corporate Loans, Bonds, Credit Default Swaps, Credit Index and Credit Index Options;
- Conducting Time Series Analysis;
- Multivariate Analysis;
- Analyzing advanced Statistical Methods;
- Object-Oriented Programming (C++ or Java);
- Python;
- Working with Financial Risk metrics estimates and interpretations;
- Monitoring and Summarizing Financial Risk reports to technical audience; and
- Financial and Global Credit Markets knowledge and Macroeconomics.
Expected base pay rates for the role will be between $225,000 and $250,000 per year at the commencement of employment. 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.
