Flow Equity Derivatives Strategist
POSTING DATE: Sep 11, 2020
PRIMARY LOCATION: Americas-United States of America-New York-New York
JOB: Investment Banking/Sales/Trading/Research
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President
Morgan Stanley’s Equities Derivatives division is looking for a strategist/quantitative analyst for its Flow Equity Derivative Strat team. Desk strategists are key participants, together with traders and sales people, in the revenue-generating activities of our Sales & Trading Division. Desk strategists sit on the trading desk, are the primary modellers for new products, and team with the traders to deliver innovative ideas using models to analyse risks and opportunities in trading books for flow derivatives.
Work closely with traders to assist decision making & increase efficiency in trading
Perform desk-support duties, implementing/enhancing pricing analytics, risk & PNL.
Volatility modelling and vol-fitting, market data management and calibration.
Back-test hedging strategies and perform critical analysis of the results
Build tools for trading and risk management of equity derivatives products
Advanced degree in a quantitative subject such as Engineering, Applied or Financial Mathematics, Physics, Software Engineering; experience in a related industry preferred.
Strong programming skills/experience in object-oriented language (C++ and/or Java preferred). Database knowledge (KDB/SQL) and scripting language (Python) a strong plus.
Solid understanding of Probability & Statistics, Numerical Analysis, Stochastic Calculus, Approximation theory, Partial Differential Equations…
Drive and desire to work in a team-oriented environment.
Ability to communicate effectively in both written and verbal English.*LI-SG1