MSIM’s High Yield investment team manages $32B in assets across a dedicated group of 35 investment professionals in New York, Boston, and London. The team focuses on high yield bond investing, with a strong long‑term track record of risk‑adjusted performance through a concentrated, bottom‑up approach to credit selection. The London‑based team focuses on European currency High Yield and manages a growing pool of over $4B in assets, leveraging MSIM’s global resources. The team operates through a highly collaborative investment process, with traders, portfolio managers, and credit analysts working closely together to deliver strong outcomes for clients.
Responsibilities
- Execute voice and electronic trades providing best execution with a focus on Euro and Sterling high yield credit markets.
- Represent MSIM interfacing with the leveraged finance community to generate market color and trade ideas.
- Build relationships with sell‑side participants to augment our profile with the dealer trading and syndicate desks, benefiting primary and secondary market activity.
- Be a value‑added member of the high yield credit team to generate investment performance, in deep partnership with portfolio managers and analysts across regions, offices and asset classes.
- Pursue Market Structure development efforts that benefit our trading implementation.
- Enhance and work within the confines of best execution policies.
- Work within investment process to drive relative value analysis across client portfolios.
- Be a partner with compliance, valuation and operations teams.
- Provide additional support with the other fixed income trading desks as needed.
What you’ll bring to the role
- Experience in high yield corporate credit trading; additional experience in investment grade convertible bond and loan markets is a plus.
- Strong verbal and written communication skills.
- Attention to detail, high ethical standards and strictly adhering to firm’s policies.
- Ability to handle pressure and work at a high level and multi‑task.
- Demonstrate a strong work ethic and be a contributing member of the global investment team.
- Strong quantitative, analytical and organizational skills and exhibit those skills within the team.
- Negotiation skills to achieve best interests of clients with broker/dealers.
- Strong technology skills, with working knowledge of Aladdin, MarketAxxess, TradeWeb, and Bloomberg.
- Bachelor’s degree.
Who you are
- Operates with a strong sense of ethics and integrity in your interactions with others and decision making.
- Takes accountability and ownership in your work with a focus on long‑term value creation.
- Track record of fostering a culture of honesty, transparency and accountability within teams.
- Proven ability to collaborate across teams to deliver optimal solutions for clients.
- A passion for innovation, with a continuous improvement mindset to drive excellence.
- Respect for individual differences, with an openness to diverse perspectives.
- Engagement in community service, volunteering or corporate citizenship initiatives.
- Commitment to mentoring and supporting professional growth of others.
- Navigates change with confidence, maintains composure under pressure, and leads through uncertainty.
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.
Equal Opportunity Employer
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross‑section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
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