Quantitative Developers

Morgan Stanley

Posting Date

Mar 25, 2016

Primary Location

Europe, Middle East, Africa-Hungary-Budapest-Budapest Bachelor's Degree


Desk Strategists Full Time Associate


Company Profile:


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.


Department Profile:


Morgan Stanley Strats & Modeling (MSSM) provides revenue-generating activities that are centered on financial analytics. Embedded Desk Strategist (Strat) teams reside within our Sales & Trading businesses including Equity, Fixed Income, and Commodities as well as our Banking businesses including Investment Banking and Global Capital Markets. The Modeling team and other MSSM project based teams such as Core Analytics and Core Electronic Trading provide quantitative solutions to multiple businesses.


Background on the team:


The Market Modeling Team supports the Firm’s securities trading business by creating and implementing mathematical models, software tools and libraries, and by providing quantitative business analysis to develop financial products, trading strategies and risk reduction methodologies. Our analytics tools are used to price, valuate and manage the risks of various financial derivative products and predict the future evolution of different markets. Our activity requires close coordination with the firm's higher management, IT developers, operations team, traders, controllers, and other global quantitative units.


Staff typically has background in mathematics, physics, engineering, finance or economic sciences, computer sciences, informatics or other similar quantitative areas. Many of them possess a PhD or are close to earn the degree in the near future. The Market Modeling Team supports different businesses from Equity derivatives to Credit and Interest Rate derivatives and Mortgage Backed Securities. We continue to look for qualified candidates to the Team with different contract types such as full time employees, fixed term consultants, and interns.

Primary Responsibilities:

• Develop and implement models, strategies and analytics tools that will be used to drive trading decisions
• Develop and implement valuation and risk models and tools for securities that are currently on the books or about to be purchased or bid on
• Monitor and analyze the effectiveness of valuation and risk models and enact new developments as needed
• Write model documentation and contribute to the model certification process
• Acquire business knowledge in Equity, Credit or Interest Rate derivatives, Mortgage Backed Securities or other asset classes
• Work with traders, quantitative strategists, controllers, IT and other departments
• Be open to learn and apply new technologies and programming languages


Skills Required:

• B.Sc., M.Sc. or Ph.D. in mathematical finance, mathematics, physics, statistics, engineering, computer science, informatics or similar quantitative area
• Genuine interest in finance, mathematics and technology
• Sensitivity to details, accuracy in everyday work
• Confident command of English
• Programming experience in Matlab, C++, Java, C#, Q, Perl, Python or other programming languages
• Experience with databases 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.

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Confirmed 16 hours ago. Posted 30+ days ago.

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