Division: Fixed Income Division Job Title: Municipal Lending Desk Strat Location: Mumbai Job Level: Manager/ Senior Manager 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 The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. Morgan Stanley aligns its municipal investment banking, underwriting, sales, trading, lending, and M&A advisory in one integrated organizational group under the umbrella of the Municipal Securities Division. Background on the Team Within Municipal Securities, Municipal Lending provides direct capital to public sector entities and not-for-profit institutions in the United States. The group deploys Morgan Stanley’s balance sheet to purchase securities or commit funding in the form of direct-registered loans. Distinct functions within the Municipal Lending group include client coverage and deal origination, quantitative structuring and credit analysis, and ongoing portfolio risk management. The Municipal Lending Desk Strat, specifically, will be embedded within the business unit and provide quantitative analysis, data-driven insights, and customized tools for the desk. The successful candidate would work alongside the IT team, other strats, and senior management while being fully immersed with the business unit to understand pain points and opportunities. We are looking for self-motivated individuals with combined technical/quantitative skills and financial expertise. The candidate will leverage their strong understanding of finance and technology to quickly deliver systematic solutions that will provide immediate impact. Primary
Responsibilities
Build and maintain tools and dashboards for Muni P&L attribution and risk monitoring, streamline and enhance efficiency in client pitches, borrower credit modelling, transaction returns and risk analytics, transaction execution, and portfolio reporting Perform data-driven analysis to provide strategic insights into industry trends, deal opportunities, and business strategies Work closely with financial controllers to create and maintain trade booking infrastructure Serve as a liaison between business and IT to project manage and deliver innovative solutions for Municipal Lending Analyze and interpret business requirements to proactively identify opportunities and improvement areas Gain expertise in Municipal Securities business processes, trade booking systems, and downstream risk systems to inform decision-making related to the responsibilities listed above Skills Desired Bachelor’s or advanced degree in quantitative field such as Mathematics, Computer Science/Engineering or Finance/Economics with software development experience 2-6 years of work experience Proficiency in programming languages, ideally Java, Python, Scala, KDB, and SQL, and experience with financial modelling tools like Excel Working knowledge of Fixed Income products
Experience
with data-visualization platforms
Experience
with financial databases and data analysis, including timeseries, risk modelling, pricing, and working with reference data Excellent problem-solving skills, with the ability to work under tight deadlines and manage multiple priorities Strong communication skills, with the ability to present complex ideas clearly to both technical and non-technical stakeholders Accuracy, strong attention to detail, and ability to work thoughtfully and independently WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. 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. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society. What We Do