Quant jobs / Morgan Stanley

Desk Strategist – ETF Primary and Secondary Trading Workflow

A strategist role in the fixed income division supporting the ETF trading desk with tooling, valuation and data analytics. It covers ETF creation and redemption flows and a systematic market making book.

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.

Write reusable code that computes ETF net asset values for the desk
Build tools that help manage the systematic ETF market making book
Produce visual summaries of research and backtests for traders to act on in real time
Support daily data and risk analysis requests from the ETF desk
Help execute and analyse ETF creation and redemption activity

What they ask for

Required

Understanding of ETF primary flows and fixed income
Derivative pricing knowledge
Intermediate to advanced Python
Intermediate statistics
Intermediate database knowledge
Business analysis and stakeholder communication

Preferred

ETF and macro product knowledge
Understanding of financing rates
Front-to-back risk and valuation flow

Education: No degree level stated.
Experience: Senior associate or manager level; amount of experience not stated
Languages and tools: Python
SQL
Markets: multi-asset, fixed-income

How to prepare

Learn how ETF creation and redemption works and how authorised participants arbitrage NAV gaps
Write a Python function that computes an ETF NAV from constituent prices and compares it with market price
Build a small backtest dashboard that shows premium and discount to NAV over time
Practise SQL queries against a time series of prices

What to study

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.