Fixed Income FRTB Credit Desk Strategist - Associate/Vice President
Full Time
New York, NY 10036
Posted
Job description
Fixed Income FRTB Credit Desk Strategist - Associate/Vice President
Job Number:
3231874
POSTING DATE: Feb 17, 2023
PRIMARY LOCATION: Americas-United States of America-New York-New York
EDUCATION LEVEL: Bachelor's Degree
JOB: Desk Strategists
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION
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.
The Fixed Income Division is comprised of Credit Products, Interest Rate and Currency 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
ROLE
The Credit Strat group is seeking a highly talented and motivated desk strategist with 3+ years of experience. The successful candidate will take a lead in FRTB (Fundamental Review of the Trading Book) agendas for Credit Corporate business, working with various different groups, including Risk Analytics, Technology, Trading and Strats. The candidate will build models, analytics and tools to optimize capital calculation and allocation, in a fast paced, real-time trading environment. Must have FRTB experience
QUALIFICATIONS
- Capital model (RWA, CCAR, VaR, FRTB) experience
- Bachelor's Degree in Economics, Finance, Engineering, Computer Science or related discipline
- Master's Degree in Financial Engineering, Engineering, Computer Science or other quantitative discipline
- 3-5 years of relevant experience as a credit desk strategist / quant on either buy-side or sell-side
- Product and pricing model knowledge (Corporate Bonds, Loans, Credit Index and Index Derivatives)
- Programming experience in C++, Java, Scala and/or Python
Expected base pay rates for the role will be between
$150,000 and $200,000 per year for an
Associate, and between
$200,000 and $250,000 per year for a
Vice President, 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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