Quantitative Investment Strategies, Manager, Institutional Equity Division

Role overview

Quantitative Investment Strategies, Manager, Institutional Equity Division at Morgan Stanley

Responsibilities

• Work on new equity and multi-asset index development - back testing, coding, tweaking codes etc.

Required qualifications

• Computer Skills: strong programming skills such as Python (mandatory), R and Java.

Employment details

• Location: Mumbai [Maharashtra] [India]

About the employer

• The Quantitative Investment Strategies business at Morgan Stanley sits within the Institutional Securities Group with a cross-asset mandate and is a global multi-function team consisting of dedicated Research, Structuring, Strats, and Trading.
• Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.
• Global Markets Group is the offshoring arm of Morgan Stanley’s Sales & Trading businesses in India.
• WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
• 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.

Benefits

• 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.

Additional role details

• Quantitative Investment Strategies, Senior Associate, Institutional Equity Division
• The mandate of the group is to design quantitative systematic strategies that can be offered to the firm’s clients to access in a variety of formats.
• This is a challenging role and offering exposure to an interesting, dynamic product group and work environment to build your career in.
• From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets.
• Morgan Stanley’s Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities.
• Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.
• It covers functions across IED ranging from those associated with sales, trading, analytics, strats to risk management.
• What you'll do in the role:
• Development of processes to improve index support, e.g. scripts to aid debugging, index code refactoring and standardization
• Index oversight - Daily monitoring of the complex indices & resolving calculation issues (data problems, calendar errors, common code errors etc.)
• Overseeing Index rebalance processes for client directed strategies
• Making modifications in existing live indices e.g. new cost structures, universe changes, minor methodology adjustments
• Index Description drafting for minor adjustments, Repeat Index Launch Form completion
• Carrying out performance attribution of systematic strategies
• Production of periodic standard performance reporting for client distribution
• Development and production of position, stress, composition reports for clients
• Bespoke scenario/sensitivity analysis for clients
• What you'll bring to the role
• Degree with a quantitative discipline (BE, BTech, MS in Maths/Statistics/Financial Engineering) from Tier 1 or 2 institutes
• 2-4 year of prior exposure to Index/Quants Research and equities/multi asset indices analytics is important.
• Must be able to flexibly respond to changes in priorities, be able to communicate results to a less-technical audience, work well in a team and be comfortable in a front office environment.
• Strong attention to detail.
• Excellent written and verbal communication skills/Ability to express ideas via writing.
• Prior track record in writing marketing material/trade ideas for wider distribution will be advantageous.
• Proactiveness / Initiative taking & Teamwork are the skills desired
• Option Greeks and their behavior over time
• Derivative products like Swaps, Swaptions, Spread Options, Cap/Floors, range accruals, Digitals etc.
• General behavior of Equity Derivatives markets – Flow and Structured Products
• 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.
• Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences.
• 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.
• 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 .