Job Type
Job Details
Morgan Stanley & Co. LLC seeks an Associate, Client Services in New York, New York
Market make and trade options on SPX Index. Manage risk on both an individual name/ trade basis as well as holistically on an aggregate portfolio basis. Perform and manage several option trading strategies including dispersion, event driven, relative value, outright long/short, dividends, index carry, and index term structure. Study, develop, backtest, and deploy systematic strategies. Monitor and analyze markets and dynamics to spot opportunities and dislocations, anticipate flow, and generate trade ideas. Act as an expert for specific markets, providing meaningful color to sales and clients on trades and positioning. Communicate and establish close relationships with the salesforce to ensure client demands are met. Monitor and stay up to date on macro/micro news flow and research reports to best manage new developments. Develop tool and strategy initiatives to enhance the derivatives desks' performance and effectiveness.
Salary: Expected base pay rates for the role will be between $200,000 and $200,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Requirements:
Requires a Bachelor's degree in Finance, Physics, or a related field of study and two (2) years of experience in the position offered or two (2) years as an Associate, Analyst, Intern, or a closely related occupation. Requires two (2) years of experience with: options; differential calculus and mathematical programming. Requires any amount of experience with: variance swaps, and volatility swaps; Python; back testing trading strategies using data-driven statistics; using mathematical models to build spreadsheets to test pricing methods; risk management and pricing of SPX options, VIX futures, and SPX variance swaps; building dashboards and notebooks to assist with discretionary trading and risk management decisions using data science. Requires Series 7, 57, and 63 license.
Qualified Applicants:
To apply, visit us at https://ms.taleo.net/careersection/2/jobsearch.ftl?lang=en Scroll down and enter 3247754 as the “Job Number” and click “Search jobs.” No calls please. EOE
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