Morgan Stanley - Derivatives Structuring Role

Derivatives Structuring (ASIA)

- The Quantitative and Investment Strategies Group (QIS) provides investment strategies and quantitative models and bespoke strategies to external clients and the sales desk.

- We are looking for proactive, self-starting individual to be part of our India team working with Asia Financial Engineering team.

- This is a challenging role and offering exposure to an interesting, dynamic product group and work environment to build your career in.

Overall responsibilities for this role would involve :

- Daily pricing for Asia on recurring flow structure and/or large size bid that needs coordination with trading

- Helping in marketing materials and payoff back testing

- Support sales on the stream usage

- YODA pricing outside of stream, including new product features for small sizes

- Pre-quote analysis on new underlyings (funds, thematics), working with vendors and P2

- Stress tests (finding proxy data, explaining stress test metrics)

- Marketing material (products backtests and pricing) update

- LSDP performance reports (for those that won't go through the LDSP new portal)

- Regular communication with team members in Asia

Product roll-outs :

- Coordinate work between relevant departments for product launches and changes to existing product suite

- Ensure that project delivery is carried out according to the defined scope, plan and timeline

- Carry out appropriate tracking and monitoring throughout the implementation and post successful completion

- Regular status reporting for review at senior level

Market development / transaction management :

- Support the Head of Financial Products in transaction design and innovation

- Coordinate with Legal team on product documentation

- Present transaction highlights and risks to internal stakeholders

Product evaluation :

- Regularly evaluate product performance through objective tests

- Closely monitor new products and product change performance

- Design new products to address business objectives of the firm, in particular revenue growth and revenue diversification while adapting to existing considerations (engine, legal etc.)

- Think outside the box, products might not need to conform to existing constraints

- Prepare product launch justification for consideration by Exco and manage product development

- Identify areas of change to existing product suite and evaluate financial and operational impact of proposed changes for consideration by Exco

- Provide required product information and education for Sales

- Work with the Financial Products quant team on the design and testing of new product

Qualifications :

- 1-5 Yrs of experience working in financial markets derivatives

- Degree with a quantitative discipline (BE, BTech in Computer Science, MS in Maths/Statistics/ FE) from Tier 2 institutes.

- Knowledge of programming languages such as Python, VBA, R or Matlab and ability to work with financial data

- Ability to innovate, refine and coordinate the execution of transactions

- Strong inter-personal / communication skills.

- Strong attention to detail

- Drive and desire to work in an intense team-oriented environment.

Timings: 5 AM onward