Drimva

Morgan Stanley

Fixed Income Division – Associate/Vice President, US Interest Rate Swaps Algo Trading Strategist (New York)

$150K–$250K

New York, New York · On-site · Director · Full-time · Posted Aug 24, 2026

Experience
4+ years in a quantitative role.
Education
Bachelor’s degree or higher in a quantitative field.

About the job

Build and operate algorithmic market-making strategies for USD interest rate swaps, using quantitative research and live trading data to improve pricing, hedging, execution, and risk management.

What you'll do

  • Lead research, modeling, back-testing, deployment, monitoring, and optimization of electronic trading strategies.
  • Analyze market, trading, client-flow, and execution data to identify signals and improve live algorithms.
  • Partner with trading, sales, and technology teams to improve trading performance and deliver production-ready systems.

What they ask for

  • 4+ years in a quantitative role; trading, electronic market making, algorithmic trading, or front-office experience is ideal.
  • Bachelor’s degree or higher in Computer Science, Engineering, Mathematics, Physics, Financial Engineering, or a related quantitative field.
  • Strong Python skills and a working understanding of the software development lifecycle and system design.
  • Experience with large or high-frequency market and trading datasets using KDB/q.

Nice to have

  • Familiarity with Java or other object-oriented programming languages.
  • Experience with automated market-making strategies or rates products, including swaps, USTs, and bond/rate futures.

Pay

USD $150,000 - $200,000 per year (base salary; Associate); USD $225,000 - $250,000 (base salary; Vice President)

Tools

Python, KDB/q, Java

AI focus

Apply machine learning and statistical modeling to develop and improve automated trading strategies.

Model-written summary · the original posting is authoritative

First seen Oct 28, 2026 · Last verified Nov 6, 2026 (UTC)