What are the responsibilities and job description for the Equity Trading - Associate position at Morgan Stanley?
Description
The Advisory and Retail Equity Trading desks trade orders for unified managed accounts, separately managed accounts, FA’s, portfolio managers, and third-party institutions.
The primary function is to act as an Associate responsible for engaging with FA’s and Portfolio Managers in the execution of their orders. Responsible for giving market color and guidance, while implementing different trading strategies to execute trades. Be able to negotiate and execute at the best price for the client. Have knowledge about all asset classes within Equity trading. Have a deep understanding of trading algorithms and how to apply them to execution.
Will represent the client and protect trade orders for the customer during the entire trade cycle. Must be client service oriented with the ability to provide active dialogue with FA’s and PM’s as well as sales traders who are using the products. You need to understand market structure to be the eyes and ears for our clients. Execution trading requires diligence and quick, effective decision-making skills.
Requires motivation to continue to build and differentiate our offering from our competition.
Qualifications
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Expected base pay rates for the role will be between $57,000 and $115,000 per year 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
The Advisory and Retail Equity Trading desks trade orders for unified managed accounts, separately managed accounts, FA’s, portfolio managers, and third-party institutions.
The primary function is to act as an Associate responsible for engaging with FA’s and Portfolio Managers in the execution of their orders. Responsible for giving market color and guidance, while implementing different trading strategies to execute trades. Be able to negotiate and execute at the best price for the client. Have knowledge about all asset classes within Equity trading. Have a deep understanding of trading algorithms and how to apply them to execution.
Will represent the client and protect trade orders for the customer during the entire trade cycle. Must be client service oriented with the ability to provide active dialogue with FA’s and PM’s as well as sales traders who are using the products. You need to understand market structure to be the eyes and ears for our clients. Execution trading requires diligence and quick, effective decision-making skills.
Requires motivation to continue to build and differentiate our offering from our competition.
Qualifications
- A bachelor’s degree or equivalent
- Licenses: Series 7, 66, and 57 within three months of hire
- 2-4 years of experience on a trading desk preferred with an interest in equity markets.
- Strong verbal communication skills
- Confidence to have constant dialogue with internal and external clients; as well as to communicate with senior management.
- Ability to manage a fast-paced environment and multi-tasking.
- Strong organizational skills, including the ability to coordinate, prioritize, and manage multiple tasks/activities.
- An entrepreneurial spirit centered around growth.
- Fundamental and Technical understanding of market dynamics
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Expected base pay rates for the role will be between $57,000 and $115,000 per year 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Salary : $57,000 - $115,000
