Vice President, Index Products Trading, Fixed Income & Commodities Division
Position Category: Fixed Income Sales Trading
Position Title: Vice President, Index Products Trading, Fixed Income Commodities Division
Job Level: Vice President
Location: USA - NY - New York
Education Required: Refer to Position Description
Position Description:
Morgan Stanley Co. LLC seeks Vice President, Index Products Trading, Fixed Income Commodities Division in New York, NY to perform market making of high yield and investment grade credit default swaps indices using electronic platforms in Bloomberg, Tradeweb and Marketaxess. Manage risk of overall index positioning by understanding market liquidity, impact of news events, correlation to other asset classes and relative value between credit markets, equity, rates and exchange traded fund markets using Bloomberg and self-made Excel spreadsheets. Interact with clients including daily conversations providing market color, pitching of trade ideas and in-person meetings including dinners. Generate index trade ideas and evaluate market date and daily market activity by using market systems such as Bloomberg and building sophisticated Excel spreadsheets to perform sophisticated financial modeling for securities pricing and optimization of trading strategies and to model index performance and relative value between credit and other asset classes. Execute credit derivative swaps index arbitrage trades. Follow economic events and global macro news that impact the market and pricing of the indices. Mark index positions daily assessing data from various sources (Bloomberg, interdealer broker screens) to determine accurate pricing. Execute and manage desk hedging including rates, equities and credit default swaps indices using knowledge of internal risk systems. Perform fundamental analysis using knowledge of corporate credit including credit exchange traded funds, bond and single name credit default swap market making.
Skills Required:
Master's degree in Mathematics, Engineering, Economics, Business, Management Science or related field or equivalent, and three (3) years of fixed income experience performing market making and risk management of credit derivatives, including trade idea generation and evaluation of market data and daily market activity on behalf of a global financial services institution. Prior experience must include performing sophisticated financial modeling for securities pricing and optimization of trading strategies; understanding of internal risk systems and execution and management of hedging including rates, equities and credit default swaps indices; performing market making in various platforms including Bloomberg, Tradeweb and Marketaxess; executing index arbitrage opportunities; knowledge of corporate credit including exchange traded funds, bond and single name credit default swap market making and fundamental analysis; analyzing relative value and the relationship between indices and various asset classes.
QUALIFIED APPLICANTS: Please apply through this website or e-mail your resume to efc132179@msresumes.com. NO CALLS. EOE .
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