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 Bank Resource Management (BRM) division within Morgan Stanley's Institutional Securities Group is concerned with centralized Liability Management. Individual groups within the division are responsible for Securities Lending, Financing, Counterparty Portfolio Management, Balance Sheet and Margin management, etc. The BRM Strategist group designs and implements financial analytics and quantitative strategies that help various desks within BRM manage their portfolios.
Background on the team
The BRM Strategist Team in Budapest supports BRM's Securities Lending, Financing and Counterparty Risk Management activities by creating and implementing mathematical models, software tools and solutions, and by providing quantitative business analysis to support the real-time pricing, trading and risk management activities of the Firm, working closely with Desk Strategists as well as the technology teams. Our analytics tools are used to optimally manage the Firm's resources during the course of its sophisticated Over-the-Counter (OTC) business.
Our activity requires everyday cooperation with the global BRM Strategist team as well as close coordination with the Firm's traders, IT developers, senior BRM management, Market Risk Division, financial controllers, and other global quantitative units.
Staff typically have background in Computer Sciences, Informatics, Mathematics, Physics, Engineering, Finance or Economic sciences or other similar quantitative areas.
We are currently looking for candidates who are willing to work on quantitative and technological challenges of the Securities Lending business. To achieve this, the candidate will
· Need to understand a large set of historical data on securities lending flow between lender and borrower clients, use this information to analyze market processes and client behavior, and deliver business intelligence knowledge to internal and external clients.
· Develop proof of concept software solutions to demonstrate the business aspects of the algorithm / analytics created, and work with Securities Lending IT team to make these solutions productionized.
· Create ad-hoc reports and analytics for internal and external clients upon their requests.
M.Sc. or Ph.D. in computer science, informatics, mathematical finance, mathematics, physics, statistics, engineering or similar quantitative area
Be open to learn and apply new technologies and programming language
Genuine, and broad interest in Finance and Banking,
Ability to work closely with traders in major centers
Sensitivity to details, accuracy in everyday work
Communication and inter-personal skills
Ability to work effectively with colleagues widely dispersed geographically
Confident command of English
Programming experience in any of Python, Perl, Excel/VBA, C++
Knowledge of SQL language and basic database concepts
Experience with statistics or machine learning is an advantage
Flexibility to adjust to changing priorities
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.