XVA Strats – Quantitative Analyst / Associate

London, UK
Not disclosed
25 May 2022
25 Jun 2022
Contract type
Full time
Experience level
Qualified accountant

XVA Strats – Quantitative Analyst / 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.

Role Overview

We are looking for candidates to join the London XVA strat team. The XVA Desk is a unit within Fixed Income (FID) and focuses on pricing and hedging Counterparty Credit Risk. The candidate will work closely with XVA strats and traders in London (as well as the global team), with credit/market/model risk management, controllers, and IT. The candidate will require deep understanding of high-level mathematical models used for pricing financial products or mitigating risks, and an ability to interact and cooperate with global teams. 

You will:

  • Develop new pricing models and maintain and improve existing models: this will involve developing the mathematical model, scripting it as a prototype and then inserting it in the code so that IT can take it to production
  • Work with traders to price incoming trades
  • Work with controllers and the model risk groups on model documentation and approval

You have:

  • MSc. or PhD in mathematical finance, mathematics, physics, or engineering.
  • Solid mathematical foundations, especially probability theory and statistics.
  • Basic experience on an Exotic trading desk would be ideal
  • Strong analytical and problem-solving skills.
  • Strong scripting / coding skills (Python, C++; Scala a plus)
  • Strong communication skills to interact with trading desk

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

For further information, and to apply, please visit our website via the “Apply” button below. 

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