eFinancialCareers

• Company

  Morgan Stanley

• Location

  USA-NY-New York City

• Compensation

  not disclosed

• Position Type

  Employee

• Employment type

  Full time

• Updated

  02 Dec 2008

• eFC Ref no

  430607

See job description below

Position Category: Equities Sales & Trading

Position Title: PDT- Senior Data Specialist

Job Level: Vice President

Location: USA - NY - New York

Education Required: Bachelors Degree

Position Description:
Morgan Stanley's proprietary Process Driven Trading (PDT) group started in 1993 and has long been considered one of the elite quantitative trading outfits in the world.

Process Driven Trading is based on the belief that rigorous scientific investigation can unveil inefficiencies in the financial markets. These inefficiencies are the key to earning consistent profits in excess of market returns. Translating this knowledge into a successful real-world trading strategy requires creativity, mathematical finesse, technical sophistication, and teamwork. Members of PDT focus on either quantitative research, systems design or trade execution. It takes a team of people from all three areas to create a profitable system.

Since most trading is automated, PDT is able to focus on new development and longer-term projects. As a result, PDT offices resemble an academic setting much more than a Wall Street trading floor. The group encourages new ideas an entrepreneurial intensity from everyone.

Each member of PDT enjoys an exciting work environment and a sense of ownership in the success of the group. And the culture of PDT remains very down-to-earth and collegial. Newcomers work directly with more experienced team members in an atmosphere of respect and mentorship. A diversity of background and interests also lends to the groups vitality. People in PDT are often planning events that take advantage of the numerous cultural and culinary offerings found in and around our Times Square location.

Process Driven Trading strives to become the pre-eminent proprietary trading group in the world. To do so requires the infusion of new talent dedicated to sharing this same goal. PDT is hiring entrepreneurial, creative individuals who are committed to making a contribution to an already successful team. Candidate should exhibit solid analytical ability, strong problem-solving skills and a desire to work on complex, real-world problems.



Skills Required:
We are seeing a high performance, hands-on data specialist and manager with excellent technical and managerial skills, knowledge of market data and market vendors to join the PDT, a global, dynamic and collegial proprietary quantitative trading group at Morgan Stanley.This role entails working closely with quantitative researchers and traders, technologists and operations.

Main Functions:

Manage market data sources

Architect, build and support databases

Centralize data sources across the research areas, grow and manage the PDT data team


Technical Skills

Databases (Sybase, etc.)

Programming Skills (Perl, C++, SQL)

Operating Systems (Unix, Windows)


Experience

5-10 years in data management in the Financial services industry

Knowledge of market and data vendors (Compustat, IBES, CRSP, etc)


Education:

Bachelor's degree in computer science

Finance degree is a plus