PROGRAM OVERVIEW
My department is responsible for…
revenue-generating activities that are centered on analytics and technology. Embedded Strats teams work inside the firm’s Global Capital Markets, Banking, Commodities, Equity and Fixed Income businesses. Other teams focus on practice areas like Market Modeling, Core Analytics and Model Standards and Enforcement.
My dissertation focused on…
numerical astrophysics. I worked on the simulation of the merger.
I chose Morgan Stanley to launch my post-graduate career because…
of the opportunities to use the quantitative and programming skills I developed in my studies, the firm’s strong reputation, and the potential for career growth here. Morgan Stanley offers a challenging work environment where risk management is at the heart of the business.
Beginning my career at Morgan Stanley as a Strats and Modeling Associate made sense for me…
because I have a passion for solving quantitative and analytical problems. Most projects involve solving several problems using a wide variety of technical and programming tools. I enjoy both the trust of talented co-workers and the advice of experienced managers. From day one, I’ve been given rewarding responsibilities and roles in projects that make me feel useful to my team and to the firm.
As a Strats and Modeling Associate…
strong technical, quantitative, programming and communication skills were all necessary for me to bring on my first day on the job. I’ve since learned how to apply these skills to the financial markets and contribute to revenue-generating activities. I deliver ideas and tools to the trading desk, which requires me to really understand the business and the desk I’m working with.
My role on the team…
is to monitor and explain the daily risk and Profit & Loss (P&L) statement, and to maintain the relevant mathematical models. I help with the design and development of new risk measures and model changes.
A typical day…
for me starts at 7:30 a.m. Mornings are spent analyzing the daily risk and previous day’s P&L and reading any market updates. During the day, I’m in contact with traders, controllers and IT developers, among others. I help the trading desk analyze particular results from a model I developed, or assist in understanding and pricing unusual features of financial instruments. After the markets close, we calculate a rough estimate for the day’s P&L.
My greatest achievement at Morgan Stanley so far…
was developing a new model that helped the trading desk gain a better understanding of market prices and risks in the products, to better hedge them. I had the chance to work on a complex problem that immediately made an impact on my group.
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