Morgan Stanley's Institutional Securities Group (ISG) is a remarkably broad and diversified business. We provide institutions with almost every kind of financial product and service across the world's major markets. Whether you're interested in planning complex deals; trading on the moment-to-moment movements of the capital markets; analyzing the financial needs of a company or a wealthy family, Morgan Stanley is the place to be. This interactive chart summarizes the main parts of our business.
The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader in energy, metals, and agricultural product trading worldwide whose professionals trade in both physical and derivative commodity risk.
The Interest Rates cash strategist team supports the Government desk.
Providing analytical models for pricing securities and risk managing the Firm's positions across the range of Rates cash products
Developing tools for the trading desks to assist them in market making and risk management
Work with the trading desks to develop relative value measures and identify potential market opportunities
The scope of this work includes: o Researching the mathematical derivation of a model o Coding, testing, and documentation of the model for formal validation signoff o Delivering the model both to the desktop and to Technology for incorporation into the Firm's books and records systems.
Experience in the valuation and market behavior of liquid interest rate products
Experience with term structure models of interest rates
Practical experience in optimization and data analysis
Demonstrable programming skills, preferably in C++ or Java
Proven attention to detail
Able to think independently and creatively
Comfort in a high-pressure dynamic environment
Master's Degree or above in engineering, statistics, mathematics, physics or related fields
Good written and spoken English with good interpersonal skills