Position Category: Equities Sales & Trading
Position Title: Vice President, Trading, Institutional Equity Division (Bank Resource Mgmnt)
Job Level: Vice President
Location: USA - NY - New York
Education Required: Refer to Position Description
Morgan Stanley & Co. LLC seeks Vice President, Trading, Institutional Equity Division (Bank Resource Mgmnt) in New York, NY to perform quantitative financial analysis and build financial models, including multi-factor models, in support of the equities business. Identify trading opportunities, analyze and construct portfolios, and monitor portfolio performance for equities products. Analyze and understand the behavior of borrowing rates to predict whether stocks may become more expensive in the lending market. Source, locate, and determine borrowing rates for securities. Perform and maintain book level analytics on macro trends to distribute differentiated content. Perform position level analysis to improve book management disciplines. Analyze trend information to identify overall direction of supply and demand as it impacts the business including how overall availability and short interest changes impact the firm's need to refocus buffers or redirect internal coverage. Develop, optimize, and back-test financial and equity strategies and use short interest or stock loan data to generate alpha returns. Analyze stock lending data using third-party data vendors. Create metrics to identify risk and apply buffers. Liaise with internal and external clients to understand their needs. Build backtesting environments using object-oriented programming (in Matlab and Python) to analyze large stock lending datasets, including management of one or several IT resources. Analyze large sets of data using various statistical analysis methods including linear regression analysis, correlation analysis, time series analysis, and factor analysis, including principal components analysis and fundamental analysis, to extract underlying causes and effects. Developed equity screening processes based on multi factor analysis. Utilize Bloomberg to access historical data used for the back-tests. Manage the securities lending book using FTS, the proprietary securities lending desk trading system. Utilize programming languages including C++ and VBA. Assess historical data using Bloomberg and Bloomberg API.
Master's degree in Engineering, Mathematics, Finance, Economics, or related quantitative field or equivalent, and four (4) years of experience performing quantitative financial analysis and building financial models including multi-factor models on behalf of a global financial services institution. Prior experience must include identifying trading opportunities, analyzing and constructing portfolios, and monitoring portfolio performance; developing, optimizing, and back-testing financial strategies; analyzing large sets of data using various statistical analysis methods including linear regression analysis, correlation analysis, time series analysis, and factor analysis, including principle components analysis and fundamental analysis, to extract underlying causes and effects; generating alpha returns; utilizing Matlab, C++, VBA, and Python; and assessing historical data using Bloomberg and Bloomberg API. Series 7 and 63 licenses are required. Employer will also accept a Bachelor's degree in Engineering, Mathematics, Finance, Economics, or related quantitative field, and six (6) years of experience in the above-listed areas.
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