Quantitative Desk Strategist recruitment
Desk Strategists sit on the trading desk and are the primary modelers for new products. They team with the traders to deliver innovative ideas using models to analyse risks and opportunities.
Responsibilities include:
- Creating models and strategies the desk will use to drive trading decisions
- Analysing and managing the risk of the positions currently on the books
- Creating pricing and marking models, and creating trader-efficiency tools.
A considerable part of the role will also be to analyse the credit profile of ABS/RMBS/CMBS/CLO bonds and run scenarios to pin point the best investment opportunities.
Skills Required
The ideal candidate will:
- Have Bachelor’s, or a Master’s degree in Computer Science, Computer Engineering or Electrical Engineering (or equivalent)
- Preferably a Masters degree in Finance, but this is not mandatory
- Have a good understanding of Empirical Statistics (Regression analysis and/or basic probability concepts) and mathematics
- Alternatively they could have come from a business school and have some IT expertise and programming knowledge coupled with quantitative skills.
Essential skills include:
- Knowledge of at least one OO language (Java, C++ or C# ,VB) , excellent Excel and VBA, database knowledge, operating system knowledge (Windows and Unix), excellent problem solving skills, good comprehension of data structures and algorithms
- Excellent communication skills and a desire to be part of a team
- Relevant experience, however, recent graduates having the above skills will also be considered
- A keen interest in the financial markets and the desire to work on a trading desk in a team-oriented environment.
- Well organised and detail-oriented
- Good interpersonal and communications skills; team player
- Confident, self-motivated, innovative and flexible
Morgan Stanley is an equal opportunities employer and is committed to fair treatment, regardless of background (including criminal record).
August 21, 2012
• Tags: Information Technology careers in the UK, Quantitative Desk Strategist recruitment • Posted in: Financial