FID - XVA Strat

XVA Strategist - London About Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

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. We 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 manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading.

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 instruments 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 the fast-changing markets.

As the needs of our clients become increasingly complex, we often develop customized solutions.

We are looking for a candidate to join the London XVA Strats team within the Fixed Income Division (FID). The role sits within the Desk Strategist organization supporting the global XVA business.

What will you be doing?

The candidate will work closely with XVA strats and traders, as well as with risk management, controllers, and technology teams. The role requires strong quantitative modelling skills and the ability to translate analytics into practical trading and risk solutions.

Develop and maintain pricing and risk models for XVASupport daily trading and risk management activities (pricing, hedging, PnL analysis)
Build and enhance tools used by the desk for valuation and risk

Work closely with traders and sales to provide quantitative insights and support new business

Partner with model risk and controllers on model validation and documentation

Contribute to exposure simulation and portfolio-level analytics

Skills that will help you in the role:experience in a quantitative/front-office roleMSc or PhD in mathematics, physics, engineering, or similar

Strong background in probability, statistics, and derivatives pricing

Solid programming skills (C++, Python; Java/Scala a plus)
Strong analytical and problem-solving skills

Good communication skills and ability to work with trading desks

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting,…