IED - Quantitative Trading Assistant - Analyst/Associate jobs in United States
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E*TRADE from Morgan Stanley ยท 1 month ago

IED - Quantitative Trading Assistant - Analyst/Associate

positionSouth Jordan, Utah, United States of America
timeFull-time
remoteOnsite
seniorityEntry, Mid Level

E*TRADE from Morgan Stanley is a global leader in the trading of equity and equity-related products. The Quantitative Trading Assistant role is critical for supporting front-office equity derivatives trading by ensuring the accuracy of pricing and risk models, collaborating with traders, and optimizing workflows.

BankingFinanceFinancial Services

Responsibilities

Oversee real-time model calibration and market parameter maintenance
Monitor market data (volatility surfaces, dividends, borrow curves, yield curves) and resolve fit errors promptly
Troubleshoot exchange-related quote issues and ensure smooth trading operations
Validate new-name fits and manage corporate actions and basket compositions
Collaborate with traders, strats, and support teams to address live requests quickly and accurately

Qualification

Model calibrationPythonEquity derivativesQuantitative financeCritical thinkingAttention to detailCommunication skills

Required

Exceptional attention to detail and ability to work under pressure
Strong technical aptitude with experience in model calibration frameworks and script-driven workflows
Critical thinking skills to diagnose, escalate, and resolve complex issues
Excellent communication and collaboration skills across multiple teams
Familiarity with equity derivatives concepts (vol surfaces, dividends, borrow curves, forward pricing, yield curves)
Prior experience in a front-office or quant-adjacent support role within equities or derivatives
Exposure to structured products, equity derivatives, or options market-making environments
Extreme attention to detail
Ability to multitask and work under pressure
Critical thinking, ability to identify and solve weaknesses in existing workflows
Desire and intention to climb a steep learning curve for expertise in the exotic product space
Excellent communication skills and effectiveness working across teams
Previous experience and good understanding of derivatives or equity products would be an advantage

Preferred

Mathematics: Linear algebra, multivariate regression, optimization techniques, PDEs, stochastic processes
Quantitative Finance: Option pricing (PDE, Monte Carlo), risk-neutral measures, volatility modeling
Programming: Proficiency in Python

Benefits

Some of the most attractive and comprehensive employee benefits and perks in the industry

Company

E*TRADE from Morgan Stanley

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E*TRADE from Morgan Stanley is a pioneer in the online brokerage industry.
dateFounded in 1982
location
Arlington, Virginia, USA
people-size1001-5000 employees
web-link
https://us.etrade.com/home

Funding

Current Stage
Public Company
Total Funding
unknown
2020-02-20Acquired
1996-08-16IPO

Leadership Team

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Julia Miller
Executive Director, Creative Services
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Recent News

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Company data provided by crunchbase