Head of Corporate Credit Modeling

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 24 Apr 19

Head of Corporate Credit Modeling

Morgan Stanley's business around the world is supported by groups and teams with a wide variety of specialized skills. They provide information and strategic thinking to the Management Committee; help to ensure the long-term growth and efficient day-to-day functioning of our business; and serve the well-being of our shareholders, clients and employees.

We are looking for a self-motivated, innovative, hard-working individual who can handle changing priorities and multiple tasks in a timely fashion. The candidate will be working with all corporate credit products, interfacing with business unit personnel as well as review and validation teams with a broad mandate covering pricing and risk models. This includes:

• Develop models and analytics for a variety of corporate credit products, including corporate bonds, loans, CDS, CDX & various credit indices, fixed income ETFs, index options, index tranches and bespoke, CLN, and other credit derivatives
• Interact with internal stakeholders, including traders, sales, front-office quants, technology, model validators, and risk managers, on matters relating to the pricing, risk and regulatory models
• Effectively manage and develop the team to ensure resources are optimized to deliver. Provide strategic oversight of all ongoing valuation, risk and regulatory initiatives to ensure they achieve timely success


• The ideal candidate should have strong previous experience in corporate credit modeling
• Advanced degree in Computer Science, Physics, Engineering, Math, Statistic, Economics or related discipline
• 10+ years of relevant working experience
• Excellent communication and interpersonal skills. Proven ability to pitch ideas internally and externally
• In-depth knowledge of financial math, statistics, stochastic modeling, derivative pricing and numerical techniques
• Strong programming skills in Java, Scala, and/or C++, (Q/KDB is a plus)
• Strong management and organizational skills, demonstrable experience in managing a high performing team working on corporate credit models to prioritize and deliver
• Clear thinking, good business sense and judgment. Ability to prioritize and efficiently plan for various short- and long-term deliverables
• Ability to work with a strong sense of urgency while maintaining attention to detail