Morgan Stanley
graduate scheme
Expires3 days

EMEA Quantitative Finance Associate (Early bird)

Job description

Placement and duration
Quantitative Finance Associates are placed either in a specific group in trading, banking or sales or within a specific project-based team such as Modelling. The Associate Programme provides work across a range of product and sector desks. You can expect to take on significant responsibility as soon as you start. You will work directly with clients at a senior level, applying your analytical skills and subject-matter expertise to help them make strategic decisions involving capital raising, research or trading issues. Associates are placed directly on a desk with opportunities in Fixed Income, Institutional Equities or Bank Resource Management.

Training programme
Training includes on-the-job training and one-on-one sessions to familiarise you with the firm's data resources and analytical tools. The curriculum covers market knowledge and product and technical training. Throughout the programme, you will be continually exposed to management, and you will benefit from networking opportunities with peers and colleagues. You will also be assigned a mentor to ease your transition into the corporate environment by offering career guidance, serving as a sounding board, and helping connect you to the broader Morgan Stanley network. Candidates may be able to start at different times to accommodate study end dates.

There are typically two types of roles within Quantitative Finance that Associates can assume: Desk Strategists, who are embedded within the business units, and Modellers. There are other project-based teams providing direct support of trading and banking similar to Core Analytics but with a tailored focus to certain functions such as Collateral Analysis or Structuring. Responsibilities will vary depending on role, and are listed below:

  • Desk Strategists create models and strategies the desk will use to drive trading decisions. They will analyse and manage the risk of the positions currently on the books. They also create pricing and marking models, and trader-efficiency tools
  • Market Modellers enhance Morgan Stanley's ability to take and manage risk while generating profits through mathematical finance to create effective valuation and hedging models. They will also develop and analyse investment and trading strategies

For detailed job descriptions on all our opportunities, please visit our website.

What we are looking for

  • You have a strong mathematical background in an academic setting
  • You have excellent computer programming skills
  • You have a keen interest in the financial markets and the drive and desire to work in a fast-paced, team-oriented environment
  • You are able to communicate effectively in both written and verbal English


You must have obtained or be pursuing a PhD or other advanced degree (such as a masters) in a quantitative subject such as mathematics, financial mathematics, physics, engineering, quantitative finance or computer science

Accepted degree subjects

  • physics
  • mathematics
  • computer sciences and IT
  • electronic and electrical engineering

Additional job details

Competitive salary

Excellent benefits

How to apply

Application and selection process: Candidates must apply online via the Apply button and are encouraged to apply early as we recruit on an ongoing basis. Applicants will be required to complete online tests within 48 hours of submitting an application.

Please note that programmes may run in both the winter and the summer, and we may also have some additional off-cycle positions available throughout the year, depending on business needs.

Click Apply to start your application now. This job will be available on Prospects until 19 July 2019

Don't forget to mention Prospects to employers when you contact them.

Closing date:  19 July 2019

Expires3 days

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