IED, Derivatives Clearing Finance

The Financing & Analytics team works within the derivatives clearing business to manage clearinghouse financing, business analytics, and capital optimization. The team serves a critical function guiding business senior management on client and clearinghouse financing and capital strategy to drive commercial results. The role involves working closely with colleagues in Sales, Finance, Operations and Technology

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

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. We 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.

The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha.

What will you be doing?

• Own day-to-day and strategic execution of client clearing financing initiatives across Listed and OTC cleared products, including financing structures, pricing inputs, and coordination with internal funding stakeholders (e.g., Treasury/Finance) to ensure disciplined risk-adjusted returns.
• Drive commercial opportunities through client financing analytics, including identifying accounts/opportunities for repricing and optimization, developing data-backed recommendations, and partnering with Sales/coverage teams to execute.
• Own financial performance analytics and attribution for client clearing financing: explain drivers of financing P&L, balances and returns, deliver variance commentary, and ensure outputs are decision‑useful for management and governance.
• Lead central counterparty (CCP) concentration margin management for the business: build/maintain concentration margin analytics, monitor drivers, and coordinate client remediation plans (commercial + operational) in partnership with Sales, Risk, Ops, and regional stakeholders.
• Define and execute capital strategy and optimization initiatives: partner with Finance/Risk to quantify capital impacts, propose remediation levers, and track delivery in the context of an evolving regulatory capital landscape.
• Lead liquidity impact analytics and optimization for client clearing: quantify liquidity consumption and identify levers in partnership with Treasury/Finance/Risk (e.g., stress/liquidity frameworks, funding impacts, CCP IM/VM dynamics).
• Act as a senior point of escalation for financing and analytics topics: respond to urgent questions with high-quality analysis, communicate crisply, and represent the function with credibility in senior forums.
• Continuous improvement / automation mindset: identify where reporting, controls, or data flows can be streamlined; partner with Technology/Strats resources to reduce manual effort and improve accuracy, timeliness, and transparency while maintaining strong risk and control discipline.

What we’re looking for:

• Excellent written and verbal communication skills; high attention to detail.
• Ability to manage several projects simultaneously and present updates to senior stakeholders
• Strong quantitative, analytical and technical problem-solving skills; comfort working with large datasets and explaining results clearly
• Deep understanding of derivatives clearing economics (financing, margin, CCP dynamics) and ability to translate analysis into commercial action
• Strong team-player and collaborator, enthusiastic, motivated
• Ability to work autonomously; self-starter with strong ownership mentality
• Strong judgment under time pressure; ability to balance commercial outcomes with risk/control considerations
• Undergraduate degree required
• Clearing experience preferred (Futures and/or Cleared OTC Swaps);
• Demonstrated experience with at least two of the following:
• Derivatives clearing client pricing / financing strategy
• Financial performance analytics and attribution: experience building and explaining drivers of financing P&L, balances, and returns
• Capital optimization (GAAP balance sheet, net capital, leverage, RWA-related analysis)
• Liquidity analysis / optimization: strong familiarity with institutional liquidity frameworks and ability to quantify optimization levers
• CCP margin / concentration margin analytics and remediation
• Experience partnering with Technology/Strats resources to build scalable reporting and reduce manual processes

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.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here .

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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.

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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 opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.