XVA Strats – New York

We are looking for a candidate to join the New York XVA Strats team within the Fixed Income Division (FID). The role sits within the Desk Strategist organization supporting the global XVA business across Rates, FX, Credit, and Commodities.

The candidate will work closely with XVA strats, traders, and technology teams, while also coordinating with other desk strat teams, risk management, and controllers. The role requires strong quantitative modelling skills and the ability to translate analytics into practical trading and risk solutions.

Role Profile:

• Develop and maintain pricing and risk models for XVA across Rates, FX, Credit, and Commodities products

• Support daily trading and risk management activities (pricing, hedging, PnL analysis)

• Build and enhance tools used by the desk for valuation and risk

• Work closely with traders and sales to provide quantitative insights and support new business

• Partner with model risk and controllers on model validation and documentation

• Contribute to exposure simulation and portfolio-level analytics

Skills Required:

• experience in a quantitative/front-office role

• MSc or PhD in mathematics, physics, engineering, or similar

• Strong background in probability, statistics, and derivatives pricing

• Solid programming skills (C++, Python; Java/Scala a plus)

• Strong analytical and problem-solving skills

• Good communication skills and ability to work with trading desks

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.

Expected base pay rates for the role will be between $225,000 - $250,000 for Vice President, at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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.