Morgan Stanley & Co. LLC seeks an Associate, Trading in New York, New York

Work on a global portfolio of corporate loans and credit derivatives. Evaluate capital structures and relative value. Analyze and execute trading strategies. Conduct financial valuation of the portfolio and new lending opportunities. Engage in secondary loan lifecycle with partners, including Capital Markets, Investment Banking, Credit, Risk Management, Operations, and Finance. Calculate, analyze and report portfolio PnL. Report and affirm a variety of portfolio risk metrics and scenario analyses. Telecommuting not permitted.

Salary:

Expected base pay rates for the role will be between $175,000 and $175,000 per year 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.

Requirements:

Requires a Masters’s in Finance, Business Administration, or a closely related field of study and two (2) years of experience in the position offered or two (2) years as an Credit Risk, Investment Banking, or a closely related occupation. Requires two (2) years of experience in each skill: Bloomberg Terminal and Systems; Advanced Excel modeling skills including Macro functionalities; Fixed Income pricing and sensitivity / Greeks analysis; Analyzing large data sets and data visualizations using Excel, Python, and SQL; Product knowledge in Fixed Income products including CDS, credit indices, index options, and cash bond; Interpreting key Credit Agreement terms including Maintenance and Negative Covenants, Transferability, and Assignments and Participation; Working with loan and derivative trading documents including: LSTA, LMA, and ISDA; Financial statement analysis including balance sheet, income statement, and cash flow statement; Financial modeling and credit analysis including Free Cash Flow analysis, Leverage and Repayment analysis, and Relative Value analysis.

Qualified Applicants: To apply, visit us at https://morganstanley.eightfold.ai/careers?source=mscom and enter JR015149 in the search field. No calls please. EOE

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

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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).