Associate,Trading Job New York New York USA,Finance & Banking

Location: New York

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

Company Profile

In the Prime Brokerage and Institutional Equity division, we provide our clients around the world with intellectual insights and innovative product solutions and services that help them generate alpha.

What You’ll Do In

The Role

Morgan Stanley & Co. LLC is seeking an Associate, Trading in New York, New York to manage institutional client flow on delta-one exchange-traded funds, swaps, futures, and forwards on major US equity indices, ensuring accurate pricing, timely execution and optimal hedging. Devise and monitor automated trading strategies on listed delta-one derivatives. Identify spread trading opportunities and index arbitrages. Work closely with the quantitative strategists for algorithm design.

Manage risk for client and proprietary trading positions, including monitoring daily exposure and executing portfolio rebalances. Develop analytical models and internal tools to evaluate dividend, carry, basis risk, and financing resource optimization. Work closely with derivatives sales, cash and future execution desks. Lead discussions on product offerings, market developments, and trading strategy.

What You’ll Bring To

The Role

Requires a Bachelor’s in Finance, Financial Engineering, or a related field of study.
Requires two (2) years of experience in the position offered or two (2) years of experience as an Analyst, Trading or a related occupation.
Requires two (2) years of experience with the following skills:
Evaluating derivatives pricing and valuation including ETFs, swaps, futures, forwards, options, and structured products using fundamental and quantitative inputs;
Utilizing understanding of financial concepts including hedging, leverage, financing, dividends and corporate actions and equity market microstructures with liquidity, market impact, and order flow dynamics;
Utilizing understanding of forecasting and trading index rebalances using proprietary tools including CuBa, Batman, and Carbon;
Conducting advanced analytical and mathematical skills;
Performing dynamic hedging optimization and arbitrage discovery across fungible products;
Proficiency with Microsoft Office suite and VBA Macros;
Programming, data analysis and modeling using Python;
Conducting risk management, analysis and portfolio performance attribution using Risk Viewer and Trader Desktop;
Experience with project management and process automation;
Algorithmic trading strategy design, documentation, parameter analysis, and monitoring;
Performing Client flow management and trade coordination through effective instant communications with sales, clients and brokers using IPC turret and Bloomberg;
Cross-functional collaboration and project management with risk, technology, and operations teams;
Attention to detail in pricing, execution, and trade reconciliation; and
Demonstrating compliance-awareness and adherence to trading and regulatory guidelines.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that’s differentiated - and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what’s best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you…