Job Details
The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha.
The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers: executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consults to help launch new funds and connect with them potential investors. Within Equity Financing Products, the Prime Brokerage (PB) Strategists team, facilitate three core business areas, IED Equity Swaps trading, Stock Loan, Firm Funding, and PB PnL attribution. This includes using synthetic trades to improve efficiency of balance sheet usage, funding and liquidity.
Position Description:
Prime Brokerage Strats work in close collaboration with traders, marketers, senior management and other Strats to provide analysis and bespoke tooling across all of the desk’s activities. This may range from custom reporting for clients, P&L analysis, tools to analyze the cost and impact of new trades, inventory / firm resource consumption and fast ad hoc analysis and tooling for situations and opportunities as they appear. The team also has the responsibility for design, build and maintenance of its own infrastructure.
In this rapidly growing area and varied environment, you will have the opportunity to apply your existing abilities, while learning the business and acquiring new technical skills.
Qualifications:
Knowledge of financial industry or financial product data analysis
2+ years of experience in developing applications, at college, or work experience
Knowledge of SQL, KDB or equivalent database programming
Experience with Python or equivalent high-level computer programming language
Excellent problem solving and analytical skills
Ability to effectively manage time, priorities, and multitasking
Strong written and verbal communication skills
Nice to have:
Experience of using AI tooling to streamline development
Experience with of KDB/Q
Knowledge of Equity Derivatives
Knowledge of Stock Loan
Knowledge of Prime Brokerage
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.
Expected base pay rates for the role will be between $150,000 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.
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.
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... Read more