The role at Morgan Stanley focuses on client consulting and transaction cost analysis (TCA) leadership within the electronic trading space. The candidate will partner with MSET Sales to deliver tailored TCA analyses and provide actionable recommendations to clients. Additionally, the position involves developing cost models for futures execution and enhancing algorithmic performance through data analysis. The ideal candidate will contribute to firm-wide initiatives while ensuring data quality and platform oversight.

• Advanced degree (PhD, MS, or equivalent) in a quantitative field such as Finance, Mathematics, Physics, Computer Science, or Engineering
• 6+ years of experience in quantitative research, electronic trading, or execution analytics, with a strong focus on listed derivatives/futures
• Deep understanding of futures market structure, including spreads, liquidity dynamics, and matching mechanisms
• Proven experience in transaction cost analysis (TCA) and execution strategy optimization
• Strong programming skills in Python, with experience in C++/Java being a plus
• Strong communication skills, with the ability to translate quantitative insights into actionable client recommendations

• Partner with MSET Sales to support strategic client engagements and deliver bespoke TCA analyses
• Lead quarterly execution reviews and provide actionable recommendations to clients on execution strategies
• Own and maintain trade cost data quality across futures products globally
• Collaborate with internal governance frameworks to validate and approve metrics for external client marketing
• Develop and enhance cost models for futures execution, including volume curve construction
• Drive enhancements to execution engines using a deep understanding of futures market structure
• Continuously assess and improve algorithmic performance through rigorous data analysis and feedback loops

• Morgan Stanley offers extensive benefits that support employees’ careers, health, finances, and families, including top-tier medical coverage, mental health support, generous parental leave, fertility and family-building benefits, and robust retirement and stock purchase plans. Employees also gain access to continuous learning and networking opportunities, volunteer and giving programs aligned with the firm’s values, and hundreds of lifestyle perks like discounted products, cultural and entertainment tickets, and commuter savings.