Quant jobs / Morgan Stanley

Associate/VP – US Interest Rate Swaps Algo Trading Strategist

A quantitative strategist on the US e-swaps team building and running automated market making for USD interest rate swaps. The work spans research, backtesting, deployment and live monitoring with traders and technology.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Analyse client flow and market data to find signals worth trading
Improve pricing, hedging and execution logic in the live swap algorithm
Monitor the algo's performance as market conditions change
Backtest and ship enhancements with the technology team
Work with traders and sales on market share and client coverage

What they ask for

Required

4+ years in a quantitative role, ideally trading or market making
Degree in a quantitative subject
Strong Python and system design understanding
KDB/q with large tick datasets
Analytical problem solving

Preferred

Java or similar
Automated market making experience
Swaps, Treasuries and futures pricing and risk knowledge

Education: Bachelor's degree or higher in computer science, engineering, maths, physics, financial engineering or similar.
Experience: 4+ years in a quantitative role, ideally trading or electronic market making
Languages and tools: Python
KDB+/q
Java
Markets: fixed-income

How to prepare

Build a toy market making simulator for a rates product with inventory risk and skewing quotes
Learn how swaps are priced and hedged with futures
Practise KDB/q or fast pandas on large tick datasets
Study Avellaneda-Stoikov style market making models

What to study

The HFT Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Morgan Stanley’s site before applying: requirements, location and pay can change after we check them.

View the posting on Morgan Stanley’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Morgan Stanley and doesn’t handle applications.