Derivative Risk Product & Analytics , Associate , Institutional Equities Division

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success.  Together, we share a common set of values rooted in integrity, excellence and strong team ethic.  Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.

Morgan Stanley’s Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.

Global Markets Group is the offshoring arm of Morgan Stanley’s Equity businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics to risk management.

The Derivative Risk Team partners closely with trading, sales, structuring, product, technology, and control functions to support the risk framework for the structured notes and exotic derivatives business. The team monitors key risk indicators, analyses business activity, enhances controls, and helps drive strategic initiatives that improve transparency and scalability.

The team also plays a central role in enabling new business, supporting the review and approval of complex trades and bespoke structures alongside trading, structuring, legal, compliance, and other control functions. This Mumbai-based role will work closely with stakeholders across EMEA and global teams, contributing to both day-to-day risk coverage and longer-term platform enhancements.

 Role Summary

Morgan Stanley’s Derivative Risk Product team in the Institutional Equity Division (IED) is looking to expand and build out the team’s data analytics capabilities. The candidate’s main responsibilities will be to use data and quantitative solutions to help optimize day to day operations for the global team, as well as help build analytics. This role will be based in Mumbai working with teams around the globe.

Primary Responsibilities

The key elements of the role are –

• Support coverage of the EMEA Derivatives business through risk analysis, reporting, and control oversight
• Develop analytics to monitor business activity, risk metrics, exposures, and exceptions
• Partner with product, trading, and technology teams to improve workflows, controls, and management information
• Build dashboards, reporting, and automated monitoring tools
• Analyse datasets to identify trends, outliers, and areas requiring escalation or remediation
• Contribute to strategic technology and infrastructure projects that strengthen the risk management framework
• Help define business requirements, perform testing, and support implementation of new tools and processes
• Use LLMs and related automation tools to streamline workflows and improve reporting, analysis, and documentation
• Partner with stakeholders to develop and deploy LLM-enabled solutions with appropriate focus on accuracy, governance, and risk management
• Produce clear materials for stakeholders across front office, risk, and support functions
• Assist in strengthening procedures, governance standards, and control documentation

  Essential Requirements

We are looking for a confident and outgoing person, who has exceptional attention to detail and takes initiative.

• Bachelor or Master’s Degree in a STEM subject.
• 3-7 years of relevant experience in a risk, product, business analyst, data analyst, or quantitative support role within financial services. Job level will be based on relevancy of the experience.
• Should have 2+ years of strong proven experience using Python in a professional environment.
• Experience in a data specialist role, a passion for working with data and helping stakeholders.
• Strong written and verbal communication skills.
• Strong analytical and reasoning skills; able to decompose complex problems and projects into manageable pieces; comfortable suggesting and presenting solutions.
• Ability to complete tasks independently to a high standard with minimal oversight.

  Desired Requirements

• Understanding of equity derivatives, including structured notes, exotic products, and trade lifecycle processes
• Experience supporting or delivering technology projects
• Knowledge of SQL and experience querying large datasets
• Familiarity with dashboarding or BI tools such as Tableau or Power BI
• Exposure to EMEA markets or cross-regional stakeholder management
• Experience in a front-office or business-facing environment
• Exposure to LLM or AI-enabled tooling in an enterprise or workflow automation context

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.

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.