Manager - Municipal Lending Desk Strat (Fixed Income Division)

Division: Fixed Income Division

Job Title: Municipal Lending Desk Strat

Location: Mumbai

Job Level: (Please add)

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. Morgan Stanley aligns its municipal investment banking, underwriting, sales, trading, lending, and M&A advisory in one integrated organizational group under the umbrella of the Municipal Securities Division.

Background on the Team

Within Municipal Securities, Municipal Lending provides direct capital to public sector entities and not-for-profit institutions in the United States. The group deploys Morgan Stanley’s balance sheet to purchase securities or commit funding in the form of direct-registered loans. Distinct functions within the Municipal Lending group include client coverage and deal origination, quantitative structuring and credit analysis, and ongoing portfolio risk management.

The Municipal Lending Desk Strat, specifically, will be embedded within the business unit and provide quantitative analysis, data-driven insights, and customized tools for the desk.

The successful candidate would work alongside the IT team, other strats, and senior management while being fully immersed with the business unit to understand pain points and opportunities. We are looking for self-motivated individuals with combined technical/quantitative skills and financial expertise. The candidate will leverage their strong understanding of finance and technology to quickly deliver systematic solutions that will provide immediate impact.

Primary Responsibilities

• Build and maintain tools and dashboards to streamline and enhance efficiency in client pitches, borrower credit modelling, transaction returns and risk analytics, transaction execution, and portfolio reporting
• Perform data-driven analysis to provide strategic insights into industry trends, deal opportunities, and business strategies
• Work closely with financial controllers to create and maintain trade booking infrastructure
• Serve as a liaison between business and IT to project manage and deliver innovative solutions for Municipal Lending
• Analyze and interpret business requirements to proactively identify opportunities and improvement areas
• Gain expertise in Municipal Securities business processes, trade booking systems, and downstream risk systems to inform decision-making related to the responsibilities listed above

Skills Desired

• Bachelor’s or advanced degree in quantitative field such as Mathematics, Computer Science/Engineering or Finance/Economics with software development experience
• 1-6 years of work experience
• Proficiency in programming languages, ideally Python, Scala, KDB, and SQL, and experience with financial modelling tools like Excel
• Working knowledge of Fixed Income products
• Experience with data-visualization platforms
• Experience with financial databases and data analysis, including timeseries, risk modelling, pricing, and working with reference data
• Excellent problem-solving skills, with the ability to work under tight deadlines and manage multiple priorities
• Strong communication skills, with the ability to present complex ideas clearly to both technical and non-technical stakeholders

Accuracy, strong attention to detail, and ability to work thoughtfully and independently

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.