Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management 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.

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. Morgan Stanley 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 manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Flow Rates Division is a market leader in Interest Rates Derivatives trading worldwide whose professionals trade in both exchange traded and OTC derivatives.

Background on the Team

The Flow Rates London and Paris desks, trades IR derivatives in the European markets.

Primary Responsibilities

Morgan Stanley is seeking a Desk Strat (Desk Quant) to join the Fixed Income Macro trading desk, supporting interest rate swaps trading across European markets. The role will be based in Mumbai and will work closely with the trading desks in London and Paris.

This position sits within the Desk Strat team, responsible for delivering quantitative tools, analytics, and automation to support trading, risk management, and desk operations.

The successful candidate will combine strong quantitative skills, solid fixed income product knowledge, and software engineering capability to build scalable solutions for the trading desk.

Successful candidate must be a result-oriented problem solver, who can pick required math, technical and finance knowledge as needed.

Responsibilities

Trading Desk Support

• Provide quantitative and analytical support to the Fixed Income Macro trading desk.

• Investigate and resolve P&L and risk-related queries from traders and risk managers.

• Assess pricing model limitations, and analyze effectiveness of existing risk models.

• Maintain and enhance Python-based analytics and reporting tools used by the desk.

Development & Automation

• Design and develop tools to support risk analysis, P&L attribution, and trading analytics.

• Build and maintain desk infrastructure using Python and Scala/C++.

• Automate routine desk workflows such as model change analysis, risk reporting, and operational processes.

Collaboration

• Work closely with traders, quants, and technology teams across London, Paris, and Mumbai.

• Contribute to improving desk infrastructure, reliability, and efficiency.

Skills desired

Experience

• 3–5 years of experience in a Desk Strat, Quant, or Front Office Technology role supporting trading desks.

• Experience in Fixed Income or FX markets is strongly preferred.

• Bachelor’s degree in Engineering or Sciences

• Master's degree in Financial Engineering, Computational Engineering, or a related field of study( Math / Physics / Computer Science ) is a plus.

Financial Knowledge

• Strong understanding of pricing and modelling of linear fixed income products, including:

  • Interest Rate Swaps (IRS)

  • Cross Currency Swaps (CCS)

  • Bonds

• Understanding of P&L attribution and risk drivers for fixed income products.

• Exposure to non-linear derivatives (options) is a plus.

Technical Skills

• Strong programming skills in Python (required).

• Experience with data analysis libraries (e.g., NumPy, Pandas, SciPy) is preferred.

• Experience with Scala or JVM-based languages is a plus.

• Experience building robust, testable production code in a financial environment.

Personal Attributes

• Strong communication skills with the ability to interact with traders and global teams.

• Ability to work independently in a fast-paced trading environment.

• Strong problem-solving mindset with a focus on automation and scalable solutions.

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 are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.