Morgan Stanley

Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, with more than 40 years of history, a presence in 24 countries, and a total of $1.5 trillion in assets under management as of March 31, 2024. MSIM strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

MSIM Fixed Income is a global fixed income effort with $185 Billion in AUM and 225 spanning global fixed income markets. MSIM Broad Markets Fixed Income team (BMFI) manages $100 Billion in AUM across sovereign, short maturity, investment grade, aggregate and opportunistic fixed income strategies. BMFI is a 60-member team that are primarily based in Boston, New York, and London.

BMFI is looking to add a junior trader to its Macro trading desk in New York. The position will become a member of the global broad markets trading team and will be based in New York. The position will primarily focus on Global developed markets rates (duration, curve, vol and linkers) and foreign exchange both in cash and derivative space.

A successful candidate will possess these qualities: high integrity, strong communicator, goal oriented, critical/analytical thinker, organizational skills, high attention to detail, interest to innovate and a strong team player.

Primary role responsibilities/essential functions:

• Assist in trade execution in the DM Interest Rate, FX and Derivatives markets.
• Monitor daily liquidity positions and relay to portfolio managers/traders. Execute necessary trades to address liquidity needs.
• Become proficient with the various product work flows (DVP, listed and OTC derivatives and foreign exchange)
• Liaise with middle office, and the different back office teams to maintain timely and efficient trade cycle work flows
• Build and maintain strong internal and external relationships, with broader Fixed Income team colleagues and dealer relationships.
• Liaise with operations and other fixed income business colleagues to maintain and enhance workflow efficiency, monitor risk and improve communication.
• Pursue Market Structure development efforts that benefit our trading implementation.
• Improve workflow efficiency through use of technology and systems.

Expected skills/Qualifications

• Bachelor’s degree in business, economics or other quantitative major
• Minimum of 1- 2 years’ experience
• Strong interest in financial markets and fixed income
• Strong quantitative, analytical and organizational skill
• CFA designation preferred or working towards
• Demonstrable High technological competence
• Attention to detail, high ethical standards, strong work ethic and adherence to firm’s policies
• Ability to handle pressure, work at a high level and multi-task
• Be proactive by identifying issues and devising solutions
• Ability to collaborate and develop working relationships internally and externally
• Experience with the Aladdin OMS preferred
• Manifested interest in technology and innovation

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. 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. 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.

Expected base pay rates for the role will be $85,000 and $110,000 per hour the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).