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Morgan Stanley

2024 Institutional Equities Quantitative Trader Off-cycle Internship (London)

London, United Kingdom

The 6-months Off-Cycle Quantitative Trader Program is an opportunity to experience the culture and atmosphere in the Sales & Trading division by taking on some of the responsibilities and functions of a Full Time Analyst. As a Quantitative Trader intern, you will be given full insight into what it takes to be part of a trading desk at Morgan Stanley. You will be responsible for producing analytics as well as ad-hoc reports and leading a diverse set of projects to improve our trading activities. You will spend your internship assigned to a specific desk and you will be based in our London office.

As a Quantitative Trader intern, you will be part of a team which will provide you with the opportunity to further your trading career working alongside top industry professionals.

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TRAINING PROGRAM

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects. You will develop the analytical, quantitative and interpersonal skills that will help you succeed in the role.

RESPONSIBILITIES

We are recruiting for the Structuring desk. The Structuring desk is responsible for manufacturing Quantitative Investment Strategies (QIS), Light Exotics Products, Structured Products and complex solutions / transactions, producing content, complex derivatives pricing, client connectivity as well as product design for a wide range of Morgan Stanley customers - Private Banks, Distributors, Hedge Funds and Financial Institutions.

The role requires strong quantitative academic background, preferably with a focus on financial mathematics and probability theory (Master's degree or above) as well as good Python programming skills and ability to work with large and various financial dataset. Working closely with the Exotic Trading desk and clients, this is a great opportunity for individuals who are solution orientated and strive on problem solving in a fast-paced environment.

QUALIFICATIONS/ SKILLS/ REQUIREMENTS
  • You are a Master or PHD student in subjects such as Economics, Mathematics, Financial Mathematics, Physics, Engineering, Quantitative Finance or Computer Science or alike
  • You will be available to start the internship from September 2024
  • You will have advance knowledge of Python, SQL, Excel, VBA, R or similar languages is valued
  • You will have an understanding of theoretical pricing models and knowledge of market products and their risks
  • You have a keen interest in the financial markets, economics, complex market dynamics and have the desire to work in a fast-paced environment
  • You will have curiosity and willingness to go beyond the basic textbook models to find trade ideas and arbitrage channels
  • You will have an interest in data and how to tackle diverse datasets in innovative ways
  • You will have an entrepreneurial mindset and possess practical problem-solving skills with a great attention to detail
  • You can analyse and interpret complex information quickly and accurately
  • You are an excellent communicator and enjoy collaboration and teamwork

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Job Level

Analyst

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Program

Off-Cycle Internship

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Client-provided location(s): London, UK
Job ID: Morgan-15893
Employment Type: Intern

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • FSA
    • Virtual Fitness Classes
    • HSA
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Leave of Absence
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)