Department Description: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 Exotic Trading desk provides pricing and liquidity for equity exotic derivative products for clients across both retail (banks, distributors etc.) and institutions (Hedge Funds, Pension Funds, Insurance Companies etc.). Mandate includes a wide range of products and covers anything non-vanilla (swaps, structured notes, barriers, basket options, QIS, etc.) in OTC and securitized form.Position Description:Operational and execution-focused trading assistant supporting the New York equity exotics trading desk across various global asset classes and a wide variety of exotic payoff types.- Assist in the execution and life cycle management of a variety of equity structured derivatives and exotic derivatives- Work closely with internal colleagues in trading, operations, and control functions- Manage operational queues and work to improve workflows to achieve a dual mandate of efficiency and accuracySkills Required:- Extreme attention to detail- Ability to multitask and work under pressure- Critical thinking, ability to identify and solve weaknesses in existing workflows- Desire and intention to climb a steep learning curve for expertise in the exotic product space- Excellent communication skills and effectiveness working across teams- Previous experience and good understanding of derivatives or equity products would be an advantageExpected base pay rates for the role will be between $75,000 and $125,000 per year 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).
