eFinancialCareers

• Company

  Morgan Stanley

• Location

  USA-NY-New York City

• Compensation

  not disclosed

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  20 Nov 2009

• eFC Ref no

  585384

See job description below

Position Category: Fixed Income Sales & Trading

Position Title: SPG Portfolio Valuations Strategist

Job Level: Vice President

Location: USA - NY - New York

Education Required: Refer to Position Description

Position Description:
Morgan Stanley is seeking a Desk Strategist to join the Portfolio Solutions team.

The Portfolio Solutions team is focused on providing workout strategies for financial institutions who are seeking to manage their balance sheets. The group will coordinate advisory assignments but also provide a bid for assets. The Desk Strategist will collaborate with the traders on risk analysis, risk reporting, and value added trading strategies. They are responsible for the creation of product valuation models, trading strategy analytics, and risk and valuation tools to be used by the traders and fellow Desk Strats to better understand risk and to better identify market opportunities. The product scope will include commercial and industrial loans to large, medium, and small corporations, corporate account receivables, consumer receivables, mortgage loans and securities.

Responsibilities include:

1)Determine and create the valuation and risk management models that will feed the firm's books and records for positions that are currently on the books or about to be purchased or bid upon.

2)Creating models and strategies that the desk will use to drive trading decisions

3)Monitoring and analyzing the effectiveness of current valuation and risk models and championing and enacting new developments as needed

4)Collaborating with traders to analyze and advise on managing the risk of the positions currently on the books.

5)Collaborating with traders to analyze and identify revenue positive trading opportunities

6)Collaborating with the traders and structurers on the design of new products.



Skills Required:
The following core skills are essential:

1) 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 degree is strongly preferred.

2) Strong hands on technology skills are a core requirement(eg. C++ programming and statistical packages such as SAS or Matlab).

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.

5) Experience in designing and implementing analytics which have gained widespread use on one or more trading desks is extremely desirable..