eFinancialCareers

• Company

  Morgan Stanley

• Location

  UK-London

• Compensation

  £Competitive

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  11 Nov 2009

• eFC Ref no

  574657

Morgan Stanley is seeking a Desk Strategist with Single Names specialist knowledge to join the Structured Credit group.

Desk Strategists adds value to the Firm by providing the trading and sales desk with superior analytical skills. They will collaborate with the traders on risk analysis, risk reporting, and value added trading strategies and are responsible for the creation of product valuation models, trading strategy analytics, and risk and valuation tools to be used by traders and fellow Desk Strats to better understand risk and to better identify market opportunities.

With the above core model as a foundation, this role requires an individual with significant experience within a Single Names trading environment.

Responsibilities will include defining and executing the following disciplines.

1) Creating models and strategies that the desk will use to drive trading decisions.
2) Monitoring and analysing the effectiveness of current valuation and risk models and championing and enacting new developments as needed.
3) Collaborating with traders to analyse and advise on managing the risk of the positions currently on the books.
4) Collaborating with traders to analyse and identify revenue positive trading opportunities.
5) Collaborating with the traders and structurers on the design of new products.

Candidates must have a proven track record within trading/supporting Single Names strategies, the successful candidate should offer most or all of the following competencies:

1) Strong skills in applied mathematics, knowledge of mathematical finance, knowledge of financial markets. A Masters degree in Computational Finance, a Masters degree in Mathematical Finance, or a Ph.D. in finance or economics, or a Ph.D. in mathematics or a computational science is strongly preferred. (Specific knowledge of Emerging Market activities, credit dynamics, or mortgages are a plus.)
2) Strong hands on technology skills are a core requirement (C++ programming and statistical packages such as SAS or Matlab; Excel VBA).
3) Ability to discuss and market ideas is required. Strong communication & collaboration skills are necessary.
4) Market inquisitive’ nature and strong desire to be commercially relevant through the development of financial analytics and the application of analytical skills to find and risk manage trading positions. The candidate must be able to couple knowledge of mathematical finance, empirical statistics, and market knowledge to identify revenue enhancing/risk reducing trade opportunities.
4) Experience in designing and implementing analytics which have gained widespread use on one or more trading desks is extremely desirable.
5) Must have a good track record of marketing successful strategies to the trading desk and their clients as well as having demonstrable experience of designing and structuring various trades for clients and traders.
6) Must have demonstrated leadership skills and a track record of mentoring and directing highly skilled quantitative professionals in the development, implementation, and adoption of analytics that have had a revenue positive impact on the business