Fixed Income Division, Securitized Products Group, Mortgage Backed Securities Trader - Analyst / Associate



Job Number: 3234673
POSTING DATE: Mar 28, 2023
PRIMARY LOCATION: Americas-United States of America-New York-New York
JOB: Investment Banking/Sales/Trading/Research
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate


DESCRIPTION

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. Morgan Stanley\'s Institutional Securities Group (ISG) is a remarkably broad and diversified business. We provide institutions with almost every kind of financial product and service across the world\'s major markets. Whether you\'re interested in planning complex deals; trading on the moment-to-moment movements of the capital markets; analyzing the financial needs of a company or a wealthy family, Morgan Stanley is the place to be. The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader in energy, metals, and agricultural product trading worldwide whose professional\xe2\x80\x99s trade in both physical and derivative commodity risk.
The Fixed Income Division Agency MBS trading team is looking for a highly motivated professional to join the group to trade TBA flow. This role can be at the Analyst or Associate level,

Primary Responsibilities: As part of the Agency MBS trading team, the trader will price, execute, and risk manage Agency Mortgage Backed Securities, with a focus on TBAs and Specified pools. The trader will partner with sales to maintain strong relationships with clients. They will stay informed on the the market developments across the different asset classes and their implications for the trading book. You will identify, recommend, and develop processes and operational improvements

Skills Required:

• Commercial instinct

• Strong quantitative and problem solving skills

• Strategic: ability to draw business insights and implications from analysis.

• Ability to think creatively and critically, and thrive in a dynamic and often ambiguous work environment

• Strong communication skills: ability to summarize complex business problems and detailed analysis with clarity and brevity in written and oral form.

• Ability to work collaboratively within a team and across organizational boundaries

• Well organized, detail oriented, analytical individual

• High level of motivation and strong work ethic

QUALIFICATIONS

Skills Desired:

• Fixed Income experience preferred

• Undergraduate degree in finance or economics or equivalent combination of training and experience required.

Expected base pay rates for the role will be between $110,000 and $125,000 per year for Analyst. and between $150,000 and $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).