Flow Rates Desk Strats, Associate/Vice President, Fixed Income

About the Role

• The Asia Fixed Income Flow Rates Desk Strats team is seeking a highly skilled professional to tackle quantitative and technology challenges within the Interest Rates business.

• As a Desk Strat, you will:

  • Design, develop, and implement advanced pricing and hedging models for flow rate products across G10 and EM currencies, such as interest rate swaps and FX swaps.

  • Conduct research and develop models on yield curve calibration, market participation and price construction.

  • Build and maintain analytical libraries and high-performance pricing engines.

  • Partner closely with trading desks to ensure models reflect market dynamics and business objectives. This includes performing scenario analysis, stress testing, sensitivity analysis, validating model assumptions, and analyzing PnL attribution.

  • Collaborate with sales, technology, risk managers, model validation, and other quants to deliver quantitative insights and solutions.

Qualifications, Skills, and Requirements

• Education: Master’s or Ph.D. in a quantitative discipline (Mathematics, Physics, Computer Science, Engineering, or Financial Engineering).

• Experience: Minimum 3 years in a quantitative role within interest rates or FX businesses.

• Programming Skills: Proficiency in C++, Scala, Python, KDB+/Q

• Financial Knowledge: Solid understanding of liquid flow rates products.

• Mathematical Expertise: Strong foundation in calculus, linear algebra, statistics, and numerical methods for solving complex financial problems.

• Analytical Ability: Proven capability to grasp complex mathematical concepts and apply them effectively to real-world trading scenarios.

• Communication: Business-level English. 

Why Morgan Stanley?

• A career with Morgan Stanley means being part of an inclusive culture that encourages diverse perspectives, innovation, and cross-collaboration to bring value to our clients. You'll find passionate people from all walks of life working together to make the world a little better every day.

• We invest in the growth and success of our people through mentorship and development programs, as well as abundant opportunities to connect with peers and senior leaders through employee-driven networks and volunteer activities.

• Your wellness and priorities outside of work are important to us. Our competitive compensation and benefits package is designed to support the diverse needs of our employees and take care of you and your family.

• Morgan Stanley is an equal opportunity employer. Our goal is to build and support a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. We are committed to support special needs or reasonable accommodations necessary to enable you to work comfortably and effectively.

- Discover our Japan Offerings: https://www.morganstanley.co.jp/ja/people/working-at-morgan-stanley
 - Discover our Global Offerings: https://www.morganstanley.com/people/experienced-professionals

Our Commitment to Japan

Everything we do at Morgan Stanley is guided by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. Since opening a representative office in Tokyo in 1970, we have been one of the largest and most active foreign financial firms in Japan providing investment banking, sales & trading, real estate, and investment management services.

Our People (English): https://www.morganstanley.com/articles/who-we-are

Our People (Japanese): https://www.morganstanley.co.jp/ja/people

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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.