Executive Director & High Yield Trader

Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, with more than 40 years of history, a presence in 24 countries, and a total of $1.8 trillion in assets under management as of September 30, 2025. MSIM strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im .

MSIM's High Yield investment team manages $32B in assets across a dedicated group of 35 investment professionals in New York, Boston, and London. The team is dedicated to high yield bond investing and has built a strong long-term track record of risk-adjusted performance through a concentrated, bottom-up approach to credit selection. The London-based team focuses on European currency High Yield and manages a growing pool of over $4B in assets, leveraging MSIM's global resources. The team operates through a highly collaborative investment process, with traders, portfolio managers, and credit analysts working closely together to deliver strong outcomes for clients.

• Execute voice and electronic trades providing best execution with a focus on Euro and Sterling high yield credit markets.
• Represent MSIM interfacing with the leveraged finance community to generate market color and trade ideas.
• Build relationships with sell-side participants to augment our profile with the dealer trading and syndicate desks, benefiting primary and secondary market activity.
• Be a value-added member of the high yield credit team to generate investment performance, in deep partnership with portfolio managers and analysts across regions, offices and asset classes.
• Pursue Market Structure development efforts that benefit our trading implementation
• Enhance and work within the confines of best execution policies.
• Work within investment process to drive relative value analysis across client portfolios.
• Be a partner with compliance, valuation and operations teams.
• Provide additional support with the other fixed income trading desks as needed.

• Experience in high yield corporate credit trading, additional experience in investment grade convertible bond and loan markets is a plus
• Strong verbal and written communication skills
• Attention to detail, high ethical standards and strictly adhering to firm's policies
• Ability to handle pressure and work at a high level and multi-task
• Demonstrate a strong work ethic and be a contributing member of the global investment team
• Strong quantitative, analytical and organizational skills and exhibit those skills within the team
• Negotiation skills to achieve best interests of clients with broker/dealers
• Strong technology skills, with working knowledge of Aladdin, MarketAxxess, TradeWeb, and Bloomberg.
• Bachelor's degree

• Operates with a strong sense of ethics and integrity in your interactions with others and decision making.
• Takes accountability and ownership in your work with a focus on long-term value creation.
• Track record of fostering a culture of honesty, transparency and accountability within teams.
• Proven ability to collaborate across teams to deliver optimal solutions for clients.
• A passion for innovation, with a continuous improvement mindset to drive excellence.
• Respect for individual differences, with an openness to diverse perspectives.
• Engagement in community service, volunteering or corporate citizenship initiatives.
• Commitment to mentoring and supporting professional growth of others.
• Navigates change with confidence, maintains composure under pressure, and leads through uncertainty.