Municipal Capital Solutions Structurer

Morgan Stanley New York , NY 10007

Posted 3 weeks ago

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

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. Morgan Stanley 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.

Morgan Stanley's Institutional Securities Group (ISG) is a remarkably broad and diversified business. We provide institutions with almost every kind of financial product and service across the world's major markets. Whether you're interested in planning complex deals; trading on the moment-to-moment movements of the capital markets; analyzing the financial needs of a company or a wealthy family, Morgan Stanley is the place to be.

The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader in energy, metals, and agricultural product trading worldwide whose professional's trade in both physical and derivative commodity risk.

The Fixed Income Division Sales COO Team is looking for a strategic and highly motivated professional to join the group. This role can be associate, VP or ED level.

Municipal Capital Solutions leverages the full suite of sales, trading, banking, structuring and lending services to provide tailored financial solutions for Morgan Stanley's issuer and investor clients. Specifically housing structuring and lending Municipal Capital Solutions uses expertise in direct commitment of capital, securitizations and derivatives to create products that solve client problems. We are looking for an analyst or associate to support our growing issuer solutions business with a focus on the full deal process from origination to pricing to closing.

Job responsibilities:

  • Building customized models to structure transactions

  • Assisting in pitching deals to issuer clients

  • Pricing and execution of risk

  • Negotiation and review of deal documents

  • Collaborating with the team on other various strategic projects

Qualifications:

  • -1 year experience in public finance or structuring

  • Transaction experience preferred

  • Advanced Excel skills, with some exposure to VBA preferred

  • Experience with DBC Finance (municipal bond structuring software) preferred

  • Strong interest in finance

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Structurer

BP

Posted 3 days ago

VIEW JOBS 11/9/2019 12:00:00 AM 2020-02-07T00:00 About BP We are a global energy business involved in every aspect of the energy system. We have 75,000 employees in 80 countries, working towards delivering light, heat and mobility to millions of people, every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low carbon future. Join us, and be part of what we can accomplish together. Our supply and trading business connects BP to the world's traded markets for oil, gas, power, refinery feedstocks and currencies. We market BP's equity crude oil and natural gas, import feedstocks for our refinery system and buy products to meet marketing demand. We offer a combination of unique expertise in physical supply and trading, innovative financial structures, and world-class analytics to deliver long-term value, from wellhead to end customer. Job Family Group Supply & Trading Group Job Profile Summary Responsible for delivering relevant analysis and modelling to provide commercial insight, utilising relationships to stay up to date with internal developments in statistical techniques, whilst identifying process improvements and applying insights from the external environment. Job advert Role Synopsis Integrated Supply & Trading (IST) is BP's face to the traded markets for BP in oil, gas, power, chemicals and finance. IST's North America Gas and Power (NAGP) business unit handles the supply and trading of natural gas and power in the North American energy market. The Structurer role working in the New York office of BP Energy's North America Gas & Power Business Unit is primarily responsible for providing analytical and structuring support to the Power trading and origination teams. Key Accountabilities * Working in a proactive role with marketers, originators and traders developing power and other cross commodity products * Building trusted relationships with marketers, originators and traders to better understand current issues/hurdles and providing investment recommendations * Developing and improving valuation and hedging models of energy assets and exotic structured transactions * Structuring and valuing deals by understanding and quantifying the embedded optionality, risks, and relevant value drivers * Challenging and validating modelling approaches via back-testing and conducting research studies of price dynamics in the real vs. modelled world * Providing deal expertise to the Trading Analytics and middle office staff to ensure system accurately reflects valuation and exposure while understanding both commercial objectives and risk objectives * Acting as a subject matter expert for valuation and partnering with a commercial development director, commercial staff and other relevant stakeholders to guide deals through the assurance and approval process * Collaborating and staying connected with the wider Integrated Supply & Trading Analytics team responsible for developing and implementing modelling tools for the front office Essential Experience and Job Requirements * In-depth understanding of quantitative modelling, structuring, risk management techniques and discounted cash flow analysis in the North American Power business * Experience in applying quantitative techniques to the valuation and management of power physical assets and derivatives such as tolls, heat rate options, shaped products, PPA from wind, hydro and solar generating assets and full requirements load products * Experience in other commodity structured transactions, such as gas transport and storage and exotic options a plus * Highly skilled in statistical analysis, including univariate and multivariate modelling, optimization, forecasting, market and portfolio risk modelling, and option theory * Ability to work in a high-pressure, competitive environment with minimal supervision * Commercial focus * Strong communication skills * Demonstrated ability to help a team on a large deal project Essential Education * Bachelor's degree in Economics, Statistics, Engineering, Applied Mathematics or related fields Desirable Criteria * Advanced degree in a quantitative area or Business is preferred (MS/PhD/MBA a plus) * In depth understanding of option pricing theory and risk management techniques * Good communicator, able to succinctly explain/communicate impact on deal value of price changes (level, spreads and dynamics) as well as valuation assumptions and hedge strategies to technical and non-technical audience * Practical experience in valuation of oil, natural gas and power physical assets, and structured transactions, such as pipelines, storage, power plants, and exotic options BP New York City NY

Municipal Capital Solutions Structurer

Morgan Stanley