MSET QR Client Analytics Role, Manager, Institutional Equity Division

Job description

Company Profile 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. Department Profile From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets. Morgan Stanley’s Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs. Global Markets Group is the offshoring arm of Morgan Stanley’s Equity businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, Strats to risk management. The Quantitative Research (QR) group designs, builds and maintains the models which drive the equity trading engines at Morgan Stanley. Our systems are used globally by both internal trading groups and clients of the firm. We utilize systematic, data-driven approaches to understand how markets work and put those ideas in action. The team spans the disciplines of finance, econometrics, statistics, mathematics, machine learning and data analysis, with many team members well versed in multiple areas. We are looking to hire highly talented, creative individuals who are enthusiastic about research; and enthusiastic about making a contribution to a leading-edge team, in an intellectually stimulating environment.  Primary Responsibilities This role, based in Mumbai, requires the individual to work with global Morgan Stanley Quantitative Research teams. The expected working hours will be Asia hours. The key elements of the role are – • Execution Consulting.   Applying knowledge of algorithmic trading engines to reduce execution slippage • Perform bespoke, in-depth client Transaction Cost Analysis (TCA) for enhancing algo performance • Equity Market structure research & analysis – for example, deep dives into market impact, dark liquidity, smart order routing & algorithmic order placement.   Core Requirements We are looking for a confident and outgoing person, who has exceptional attention to detail and takes initiative. • 4-6 years of experience in the financial sector with direct practical experience in equity markets • Bachelor or Master's Degree in Finance, Economics or Mathematics (Including equivalents of CA, CFA, FRM, MMS, MBA). Engineering degree is preferred • Able to demonstrate practical mastery of data analysis at scale • Significant experience in any mathematical/high-level programming language such as Python/R • Exposure/knowledge of different equity and equity derivatives products is desirable • Strong written and verbal communication skills • Practical expertise in constructing data processing pipelines and constructing enriched datasets from diverse sources - internal as well as external • Strong analytical and reasoning skills; able to decompose complex problems and projects into manageable pieces; comfortable suggesting and presenting solutions Complementary Skills • Experience with Linux, shell scripts and automation via AI • Understanding of KDB+ or other databases WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate