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22 Morgan Stanley Senior Associate Jobs

Senior Associate - Exotic Derivatives Strats

3-7 years

₹ 8.21 - 5.25L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Mumbai

1 vacancy

Senior Associate - Exotic Derivatives Strats

Morgan Stanley

posted 1mon ago

Job Description

Morgan Stanleys Equities Derivatives division is looking for a strategist/quantitative analyst for its Exotic Derivative Strat team

Strategists are key participants, together with traders and salespeople, in the revenue-generating activities of our Sales & Trading Division

Strategists are the primary quant modellers for new products, and team with the traders to deliver innovative ideas using models to analyse risks and opportunities in trading books for complex derivatives

Exotic strats are responsible for implementing and supporting both the data and quant models used in exotic trading

They also look after automation of the Exotics product flow, including pricing methodology, control of the pricing platform and automated booking

They also assist with tooling for exotics trading, to improve the risk management and hedging infrastructure



Responsibilities for this role would involve:
Build cutting edge tools for trading and risk managing equity derivatives products

Implement new stochastic processes to value exotic hybrid securities and support existing library

Conduct analysis of complex trade to assess the best pricing method

Analyse and manage the risk of the positions currently in the book

Create tools to assist decision making & increase efficiency in trading

Regular communication with team members in Europe and New York

* Skills required (essential)
An advanced degree in a quantitative subject such as Engineering, Applied Mathematics, Physics, Software Engineering is mandatory

Very strong quantitative skills, with knowledge of Exotic Derivative models being a strong plus

Very strong programming skills in an object oriented language (Java/Python/C++) applied within the library of a front office team is a strong plus

Good knowledge of Probability, Numerical Analysis, Stochastic Calculus, Approximation theory, Partial Differential Equation and an expertise in either of these subjects

Drive and desire to work in an intense team-oriented environment

Ability to communicate effectively in both written and verbal English


Employment Type: Full Time, Permanent

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Morgan Stanley Interview Questions & Tips

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Top Morgan Stanley Senior Associate Interview Questions

Q1. Write function to calculate value of x to the power of n
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Q2. Option pricing model- BSM assumptions and explanation
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Q3. write classes and methods for bookmyshow
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What Senior Associate at Morgan Stanley are saying

3.6
 Rating based on 110 Senior Associate reviews

Likes

1.Great to join if you are early in your career. 2. Salary & Increments are fine.

Dislikes

They follow a very rigid hierarchy structure. Seniors make opinions based on the views from their 1 downs. You can have all the valid points in the world but no one will take your opinion if you are a junior. 2. Too much importance is given if something is said by an onshore personal. Valid points are not a consideration then.

Read 110 reviews

Senior Associate salary at Morgan Stanley

reported by 1.4k employees with 1-9 years exp.
₹7 L/yr - ₹25.4 L/yr
74% more than the average Senior Associate Salary in India
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What Morgan Stanley employees are saying about work life

based on 1.4k employees
68%
93%
81%
88%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Morgan Stanley Benefits

Work From Home
Free Transport
Cafeteria
Health Insurance
Soft Skill Training
Job Training +6 more
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Morgan Stanley Mumbai Office Locations

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Mumbai Office
Morgan Stanley India Co. Private Limited, 18F, Tower 2, One Indiabulls Centre 841, Senapati Bapat Marg Mumbai
Maharashtra 400013
Mumbai Office
Morgan Stanley, Athena, Bldg. No. 5, Sector 30, Mindspace, Goregaon West Mumbai
Maharashtra 400090

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