Derivatives Strats - Institutional Equities - Associate / Vice President

Job Overview Morgan Stanley’s Equities Derivatives division is seeking a Strategist / Quantitative Analyst to join its Derivatives Strat team, with a primary focus on the pricing and risk management of complex derivatives. What will you be doing? Develop and enhance quantitative models for the pricing, risk management, and analysis of equity derivatives products, with a focus on identifying and understanding model‑driven biases. Conduct in‑depth research into market dynamics to refine pricing methodologies and strengthen risk management frameworks. Design and execute backtesting of inventory management and trading strategies, rigorously assessing performance and robustness across a range of market conditions. Build and maintain analytical tools, data pipelines, and research platforms to support the activities of trading teams. Collaborate closely with traders to support decision‑making processes and optimize product selection. What we’re looking for Master’s degree or PhD in Mathematics, Statistics, Physics, Engineering, Computer Science, or a related quantitative discipline. At least 3 years of experience in quantitative finance, preferably within equity derivatives, as a quantitative analyst, trader or financial engineer. Solid understanding of financial markets, particularly equity derivatives products and risk metrics. Strong foundation in stochastic calculus, pricing theory, probability and statistics. Solid understanding and intuition of derivatives products risks and model‑dependencies. Experience with large‑scale data analysis and model validation techniques. Proficiency in Python for quantitative development. Excellent analytical, problem‑solving, and critical‑thinking skills. Strong communication skills, with the ability to collaborate effectively with teams across functions. Self‑motivated individual with strong attention to detail and the ability to manage multiple priorities in a dynamic environment. Compensation Expected base pay rates for the role will be between $150,000 – $200,000 per year for Associate and between $225,000 – $250,000 for Vice President at the commencement of employment. Equal Opportunity Employer Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. #J-18808-Ljbffr Morgan Stanley