FID, SPG, Non-Agency Desk Strategist - VP jobs in United States
cer-icon
Apply on Employer Site
company-logo

E*TRADE from Morgan Stanley · 7 hours ago

FID, SPG, Non-Agency Desk Strategist - VP

positionNew York, New York, United States of America
timeFull-time
remoteOnsite
seniorityMid Level
money$225K/yr - $250K/yr
date3+ years exp

E*TRADE from Morgan Stanley is seeking a highly talented and motivated CMBS-focused trading desk strategist/analyst. The successful candidate will develop analytics, valuation frameworks, and investment insights to support secondary market trading and relative value analysis, while identifying actionable trading and investment opportunities in a fast-paced environment.

BankingFinanceFinancial Services

Responsibilities

Work closely with traders in a fast-paced, real-time trading environment, developing analytics, valuation frameworks, and investment insights to support secondary market trading and relative value analysis
Demonstrate a thorough, detail-oriented approach to commercial real estate and CMBS fundamentals, with the ability to proactively identify actionable trading and investment opportunities
Partner with traders and other desk stakeholders to deliver practical, business-driven solutions

Qualification

CMBS analysisCommercial real estate fundamentalsData analysis platformsPythonExcel/VBA proficiencyValuation modelsCommunication skillsSelf-motivation

Required

Bachelor's degree in economics, finance, real estate, statistics, or a related discipline
3–5+ years of experience dedicated to CMBS, ideally as the primary focus of the role
Strong foundation in commercial real estate fundamentals, including: Property-level cash flow analysis (NOI, NCF), Cap rates, yield metrics, leverage and debt service ratios, Rent rolls, vacancy analysis, tenant quality, Comparables and market-level analysis across major CRE sectors (office, retail, industrial, hotel, etc.)
Familiarity with CMBS products and indices, including CMBX
Exposure to CMBS data and analytics platforms, ideally Intex and at least one of Trepp or CoStar
Ability to generate and articulate investment ideas and relative value views, both internally and externally
Strong verbal and written communication skills, with the ability to translate complex analysis into clear, actionable insights
High degree of self-motivation and ownership mindset

Preferred

Advanced degree (e.g., MS, MFE, MBA) in a related discipline
Working knowledge of Python, or alternatively strong proficiency in Excel/VBA, for data analysis and automation
Experience working with large datasets and performing ad-hoc analytical work
Familiarity with SQL or other database tools
Experience contributing to valuation models, scenario analysis, or stress testing frameworks

Benefits

Commission earnings
Incentive compensation
Discretionary bonuses
Other short and long-term incentive packages
Other Morgan Stanley sponsored benefit programs

Company

E*TRADE from Morgan Stanley

twittertwittertwitter
company-logo
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

leader-logo
Julia Miller
Executive Director, Creative Services
linkedin

Recent News

EQUINITI
Patricia Landry Commissioned as Director of Customer Success at EQ
2025-11-07
TradingView
Key facts: Morgan Stanley shares rise 4.7%; equity revenue up 80%; E*Trade trades up 24%
2025-10-19
Decrypt
Citi Plans to Launch Crypto Custody Services in 2026: CNBC
2025-10-14
Company data provided by crunchbase