Quant jobs / Morgan Stanley

Manager – Quantitative Research Counterparty Risk Strats

A role in the global quantitative research counterparty risk group, supporting models and analysis for prime brokerage, listed derivatives, clearing and fixed income. The Mumbai hire works on London hours.

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.

Run regular calibration and performance monitoring of counterparty risk models
Automate recurring monitoring tasks
Backtest and attribute P&L to risk factors to spot data or model issues
Prototype risk models and stress tests under senior guidance
Analyse hedge fund industry trends for client and management reports

What they ask for

Required

3-5 years in financial markets
Bachelor's or higher in a quantitative discipline
Data analysis and mathematical modelling
Python and SQL
Automation skills
Strong communication

Preferred

Counterparty and market risk methods such as VaR and stress testing
Initial and variation margin
Model risk and regulatory knowledge

Education: Bachelor's or higher in a quantitative discipline; professional qualifications such as CFA or FRM also considered.
Experience: 3-5 years in the financial sector with direct markets experience
Languages and tools: Python
SQL
Markets: multi-asset

How to prepare

Compute historical and Monte Carlo VaR for a sample portfolio and backtest it
Learn initial margin models such as SIMM at a high level
Build an automated Python report that monitors a model's backtest breaches
Study counterparty exposure measures like potential future exposure

What to study

The Risk Quant 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.