Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, with more than 40 years of history, a presence in 24 countries, and a total of $1.8 trillion in assets under management as of September 30, 2025. MSIM strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.
MSIM’s High Yield investment team manages $32B in assets across a dedicated group of 35 investment professionals in New York, Boston, and London. The team is dedicated to high yield bond investing and has built a strong long-term track record of risk-adjusted performance through a concentrated, bottom-up approach to credit selection. The London-based team focuses on European currency High Yield and manages a growing pool of over $4B in assets, leveraging MSIM’s global resources. The team operates through a highly collaborative investment process, with traders, portfolio managers, and credit analysts working closely together to deliver strong outcomes for clients.
The Senior Trader will be passionate about credit markets and directly responsible for transacting in markets, developing and maintaining sell side relationships, and generating innovative trade ideas.
Responsibilities:
- Execute voice and electronic trades providing best execution with a focus on Euro and Sterling high yield credit markets.
- Represent MSIM interfacing with the leveraged finance community to generate market color and trade ideas.
- Build relationships with sell-side participants to augment our profile with the dealer trading and syndicate desks, benefiting primary and secondary market activity.
- Be a value-added member of the high yield credit team to generate investment performance, in deep partnership with portfolio managers and analysts across regions, offices and asset classes.
- Pursue Market Structure development efforts that benefit our trading implementation
- Enhance and work within the confines of best execution policies.
- Work within investment process to drive relative value analysis across client portfolios.
- Be a partner with compliance, valuation and operations teams.
- Provide additional support with the other fixed income trading desks as needed.
What you’ll bring to the role:
- Experience in high yield corporate credit trading, additional experience in investment grade convertible bond and loan markets is a plus
- Strong verbal and written communication skills
- Attention to detail, high ethical standards and strictly adhering to firm’s policies
- Ability to handle pressure and work at a high level and multi-task
- Demonstrate a strong work ethic and be a contributing member of the global investment team
- Strong quantitative, analytical and organizational skills and exhibit those skills within the team
- Negotiation skills to achieve best interests of clients with broker/dealers
- Strong technology skills, with working knowledge of Aladdin, MarketAxxess, TradeWeb, and Bloomberg.
- Bachelor’s degree
Who you are:
- Operates with a strong sense of ethics and integrity in your interactions with others and decision making.
- Takes accountability and ownership in your work with a focus on long-term value creation.
- Track record of fostering a culture of honesty, transparency and accountability within teams.
- Proven ability to collaborate across teams to deliver optimal solutions for clients.
- A passion for innovation, with a continuous improvement mindset to drive excellence.
- Respect for individual differences, with an openness to diverse perspectives.
- Engagement in community service, volunteering or corporate citizenship initiatives.
- Commitment to mentoring and supporting professional growth of others.
- Navigates change with confidence, maintains composure under pressure, and leads through uncertainty.
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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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.
Skills Required
- Experience in high yield corporate credit trading
- Strong verbal and written communication skills
- Strong quantitative, analytical and organizational skills
- Negotiation skills to achieve best interests of clients with broker/dealers
- Bachelor's degree
Morgan Stanley Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.
-
Parental & Family Support — Family support is extensive, with paid parental leave for all parents, adoption and fertility assistance, backup childcare, and eldercare resources. Feedback suggests these programs meaningfully enhance the overall package and help with retention.
-
Healthcare Strength — Health coverage spans medical, dental, vision, mental‑health access, care navigation, and expert second opinions. Convenient primary care access and condition‑specific support reinforce the depth of healthcare coverage.
-
Equity Value & Accessibility — Equity compensation and stock ownership are positioned as core motivators that encourage commitment and retention. Feedback suggests education and support are provided to help participants manage equity and related financial benefits.
Morgan Stanley Insights
What We Do
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its 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 its more than 60,000 employees in 1,200 offices across 41 countries.
