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JOB BOARD

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IED, Prime Brokerage Strat - AS

Morgan Stanley

Morgan Stanley

New York, NY, USA
USD 150k-200k / year
Posted on Apr 17, 2025

Team Profile:

The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha. The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers: executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consults to help launch new funds and connect with them potential investors. Within Equity Financing Products, the Prime Brokerage (PB) Strategists team, facilitate three core business areas, IED Equity Swaps trading, Stock Loan, Firm Funding, and PB PnL attribution. This includes using synthetic trades to improve efficiency of balance sheet usage, funding and liquidity.

Position Description:

Prime Brokerage Strats work in close collaboration with traders, marketers, senior management and other Strats to provide analysis and bespoke tooling across all of the desk’s activities. This may range from custom reporting for clients, P&L analysis, tools to analyze the cost and impact of new trades, inventory / firm resource consumption and fast ad hoc analysis and tooling for situations and opportunities as they appear. The team also has the responsibility for design, build and maintenance of its own infrastructure.

In this rapidly growing area and varied environment, you will have the opportunity to apply your existing abilities, while learning the business and acquiring new technical skills.

Qualifications:

  • Knowledge of financial industry or financial product data analysis
  • 2+ years of experience in developing applications, at college, or work experience
  • Knowledge of SQL, KDB or equivalent database programming
  • Experience with Python or equivalent high-level computer programming language
  • Excellent problem solving and analytical skills
  • Ability to effectively manage time, priorities, and multitasking
  • Strong written and verbal communication skills

Nice to have:

  • Experience with of KDB/Q
  • Knowledge of Equity Derivatives
  • Knowledge of Stock Loan
  • Knowledge of Prime Brokerage

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Expected base pay rates for the role will be between $150,000 - $200,000 per year for Associate, at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).