Structured Rates Strats, Associate at Morgan Stanley

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

0.0

Posted On

13 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

C++, Scala, Java, Quantitative Models, Risk Management, Valuation Models, Pricing Algorithms, Market Models, Scripting, Automation, Data-Driven Insights, Model Documentation, Stress Tests, Scenario Tests, Profit and Loss Attribution, Problem Solving

Industry

Financial Services

Description

The new hire will be involved in developing analytics tools and pricing models for the desk. Successful candidate must be a result-oriented problem solver, who can pick required math, technical and finance knowledge as needed. This role is part of the Asia Structured Rates Desk Strat (desk quant) team, and will focus on the following areas: Quantitative support for the Interest Rates Options Trading desk Develop and maintain risk management and valuation models tools used by the desk. Improve and maintain market models for interest rate derivatives. Maintain and develop pricing algorithm. Assess pricing model limitations, and analyze effectiveness of existing risk models. Monitor daily profit and loss attribution, ensuring model risks properly capture price volatility. Work with control groups to resolve valuation attribution issues and work with IT groups to improve profit and loss attribution. Maintain certification of existing valuation and risk models. Scripting and automation of routine tasks (e.g. model change analysis, ad-hoc risk reports) ( C++ and Scala ) Developing tools for pricing, risk management and data-driven insights. Working with controllers and the model risk groups on model documentation and approval. Write and maintain required documentation and testing evidence for the control groups, ensuring model testing and documentation comply with model control standards. Respond to inquiries of the control groups. Facilitate risk management of trading desk`s portfolio to develop risk analysis algorithms and implement risk management tools, including stress tests and scenario tests. Work with risk management department to enhance risk management practices. Work closely with the trading desk to support existing tools and build the next generation of risk management and valuation tools. Explain evaluation and risk models behavior under various market move scenarios. Communicate to senior traders on key quantitative projects Bachelor's degree in Engineering or Sciences is required Master's degree/Doctorate in Physics, Math, Computer Science or related field of Study (Finance) is preferred Experience with C++ is important Experience with Scala/Java is a plus Experience in developing and supporting quantitative models in finance 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 new hire will develop analytics tools and pricing models for the Interest Rates Options Trading desk, focusing on risk management and valuation models. They will also work closely with the trading desk to enhance existing tools and create new risk management solutions.