Exotic Derivatives Strats _ Manager _ Institutional Equity Division at Morgan Stanley

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

08 Apr, 26

Salary

0.0

Posted On

08 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Quantitative Skills, Exotic Derivative Models, Programming Skills, Java, Python, C++, Probability, Numerical Analysis, Stochastic Calculus, Approximation Theory, Partial Differential Equations, Risk Management, Hedging Infrastructure, Automation, Data Analysis, Communication Skills

Industry

Financial Services

Description

Strategists are key participants, together with traders and salespeople, in the revenue-generating activities of our Sales & Trading Division. Strategists are the primary quant modellers for new products, and team with the traders to deliver innovative ideas using models to analyse risks and opportunities in trading books for complex derivatives. Exotic strats are responsible for implementing and supporting both the data and quant models used in exotic trading. They also look after automation of the Exotics product flow, including pricing methodology, control of the pricing platform and automated booking. They also assist with tooling for exotics trading, to improve the risk management and hedging infrastructure. Build cutting edge tools for trading and risk managing equity derivatives products. Implement new stochastic processes to value exotic hybrid securities and support existing library. Conduct analysis of complex trade to assess the best pricing method. Analyse and manage the risk of the positions currently in the book. Create tools to assist decision making & increase efficiency in trading. Regular communication with team members in Europe and New York. An advanced degree in a quantitative subject such as Engineering, Applied Mathematics, Physics, Software Engineering is mandatory. Very strong quantitative skills, with knowledge of Exotic Derivative models being a strong plus. Very strong programming skills in an object oriented language (Java/Python/C++) applied within the library of a front office team is a strong plus. Good knowledge of Probability, Numerical Analysis, Stochastic Calculus, Approximation theory, Partial DifferentialEquation and an expertise in either of these subjects. Drive and desire to work in an intense team-oriented environment. Ability to communicate effectively in both written and verbal English. 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. 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. 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. We work to provide a supportive and inclusive environment where all individuals can maximize 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.

Responsibilities

The role involves building tools for trading and risk management of equity derivatives products and implementing quant models for exotic trading. Regular communication with team members in Europe and New York is also a key aspect of the job.