Morgan Stanley is a leading global financial services firm that has been a driving force in the industry for 90 years. With a strong reputation for innovation, integrity, and teamwork, we are committed to delivering exceptional results to our clients and shareholders. Our people are our greatest asset, and we are dedicated to fostering a culture of collaboration, creativity, and excellence.

Background on the team

The eFX strats team sits at the intersection of trading, quantitative research, and technology to provide continuous, competitive liquidity to our clients, globally. The team leverages advanced analytics, quantitative models, and automated trading systems to manage risk, optimize pricing, and enhance execution quality. By combining deep market expertise with cutting-edge technology, the team drives innovation in electronic trading and delivers scalable, data-driven solutions.

Role Overview

We are seeking an experienced and motivated individual to join our eFX Strats team in Mumbai. This position requires a strong quantitative background, being able to rapidly master new knowledge and skills and the ability to drive projects independently while communicating effectively with senior management and trading desks. Team management experience is desirable.

Key Responsibilities

• Team Management

  •  Manage the eFX Strats team based in Mumbai, understand management’s requirements and appropriately distribute the work and supervise deliveries

  • Regular interactions with global team members (LN, HK, NY, SG)

• Quantitative Modelling & Research

  • Analyse large financial datasets to provide insights and analytics to the desk (client analytics, model monitoring, pricing optimisation, etc.)

  • Create tools to assist decision making and increase efficiency in trading

• Algorithmic Pricing/Execution Development

  • Improve, support and maintain pricing and hedging models and algorithms

  • Acquire knowledge and help support tools and systems used by the desk (risk systems, ECN integration, etc.)

  • Ensure robust on-call coverage and production stability across owned systems

• Technology & Codebase Ownership

  • Support, maintain and improve desk’s research and production codebase in Python/KDB and Java

  • Enforce best practices around production-ready code, including version control, automated testing, documentation, and reproducibility

• Cross-functional Stakeholder Communication

  • Liaise with control functions, providing responses to their enquiries (model ongoing monitoring, pricing issues, etc)

Required Qualifications

• Strong academic background in a quantitative discipline (Mathematics, Physics, Statistics, Engineering, Computer Science, or related field).

• Excellent programming skills in Python.

• Solid experience analysing large datasets (KDB/q, Pandas, Spark, SnowFlake, etc.).

• Hands-on experience developing research prototypes as well as production-quality code (testing frameworks, performance monitoring, etc.).

• Familiarity with version control systems (e.g. Git) and operating within DevOps environments to deploy and maintain code.

• Knowledge of financial markets and instruments: liquidity dynamics, FX market microstructure, market making, electronic trading, etc.

• Strong problem-solving skills and attention to detail.

• Proven track record of independent project management.

• Excellent communication skills and experience within a front-office environment.

Preferred Qualifications

• Knowledge of KDB/q and Java is a plus.

• Team management experience is desirable.

• Prior experience in Machine Learning and AI is advantageous.

• Experience with real-time systems.

• Familiarity with electronic trading platforms (EBS, Reuters, FastMatch).

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.