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2024 Institutional Equities Quantitative Trader Off-cycle Internship (London)

Morgan Stanley

Job Type

Placement

Workspace

About the Role

City: London
Education Level: Master's Degree
Business Unit: Institutional Equity Sales and Trading

Job description
The 6-months Off-Cycle Quantitative Trader Program is an opportunity to experience the culture and atmosphere in the Sales & Trading division by taking on some of the responsibilities and functions of a Full Time Analyst. As a Quantitative Trader intern, you will be given full insight into what it takes to be part of a trading desk at Morgan Stanley. You will be responsible for producing analytics as well as ad-hoc reports and leading a diverse set of projects to improve our trading activities. You will spend your internship assigned to a specific desk and you will be based in our London office.

As a Quantitative Trader intern, you will be part of a team which will provide you with the opportunity to further your trading career working alongside top industry professionals.



TRAINING PROGRAM

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. You will develop the analytical, quantitative and interpersonal skills that will help you succeed in the role.



RESPONSIBILITIES

We are recruiting for the Structuring desk. The Structuring desk is responsible for manufacturing Quantitative Investment Strategies (QIS), Light Exotics Products, Structured Products and complex solutions / transactions, producing content, complex derivatives pricing, client connectivity as well as product design for a wide range of Morgan Stanley customers – Private Banks, Distributors, Hedge Funds and Financial Institutions.

The role requires strong quantitative academic background, preferably with a focus on financial mathematics and probability theory (Master's degree or above) as well as good Python programming skills and ability to work with large and various financial dataset. Working closely with the Exotic Trading desk and clients, this is a great opportunity for individuals who are solution orientated and strive on problem solving in a fast-paced environment.

Requirements

QUALIFICATIONS/ SKILLS/ REQUIREMENTS

  • You are a Master or PHD student in subjects such as Economics, Mathematics, Financial Mathematics, Physics, Engineering, Quantitative Finance or Computer Science or alike

  • You will be available to start the internship from September 2024

  • You will have advance knowledge of Python, SQL, Excel, VBA, R or similar languages is valued

  • You will have an understanding of theoretical pricing models and knowledge of market products and their risks

  • You have a keen interest in the financial markets, economics, complex market dynamics and have the desire to work in a fast-paced environment

  • You will have curiosity and willingness to go beyond the basic textbook models to find trade ideas and arbitrage channels

  • You will have an interest in data and how to tackle diverse datasets in innovative ways

  • You will have an entrepreneurial mindset and possess practical problem-solving skills with a great attention to detail

  • You can analyse and interpret complex information quickly and accurately

  • You are an excellent communicator and enjoy collaboration and teamwork

About the Company

Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.

Core Values

Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back.

Leadership

Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Our board of directors and senior executives hold the belief that capital can and should benefit all of society.

History

From our origins as a small Wall Street partnership to becoming a global firm of more than 80,000 employees today, Morgan Stanley has been committed to clients and communities for 87 years.

Locations

The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world.

Diversity

Morgan Stanley is differentiated by the caliber of our diverse team. Our culture of access and inclusion has built our legacy and shapes our future, helping to strengthen our business and bring value to clients.

Sustainability

Our firm's commitment to sustainability informs our operations, governance, risk management, diversity efforts, philanthropy and research.


Giving Back

At Morgan Stanley, giving back is a core value—a central part of our culture globally. We live that commitment through long-lasting partnerships, community-based delivery and engaging our best asset—Morgan Stanley employees.


Technology

As a global financial services firm, Morgan Stanley is committed to technological innovation. We rely on our technologists around the world to create leading-edge, secure platforms for all our businesses.

Sponsorships

At Morgan Stanley, we believe creating a more equitable society begins with investing in access, knowledge and resources to foster potential for all. We are committed to supporting the next generation of leaders and ensuring that they reflect the diversity of the world they inherit.

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