The title reads Fixed Income Division, naming the division; Associate, the seniority band; Rates Sales, the desk selling interest rate products; with London in brackets giving the location. Source
Associate combined with Rates Sales places the seat in the client-facing sales function of the rates business, rather than trading or structuring.
The team
The posting calls the desk FID Interest Rate Sales and the Interest Rate Sales business, with the successful candidate responsible for selling Interest Rate products and initially supporting senior salespeople on executing transactions. Source
The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Securitized Products, and Municipal Securities, and the associate is expected to interact with partners in other fixed income divisions including FX, credit and commodities to cross-sell. Source
About 24 people have held London roles at FICC since 2018.
The firm
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Source
About 520 people have held London roles at Morgan Stanley overall since 2018.
What this posting signals
The role is posted as Analyst/Associate and the overview says the firm is looking for a candidate with prior interest rate sales experience, so this is not a graduate intake. Source
With no stated deadline, applications are likely reviewed on a rolling basis.
Are you eligible?
The posting asks for prior Interest Rate Sales experience, a strong analytical mindset, knowledge of various interest rate products including vanilla and exotic derivatives, and strong technical and analytical skills with a commercial mindset. Source
It says ideally a master's degree in a STEM subject (science, technology, engineering, and math) or a finance related topic, a strong understanding of numbers and basic programming concepts, and the ability to speak a second language. Source
The 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. Source
Ready to apply?
No deadline given, so it closes when the places fill.
Most junior seats are filled by someone writing to the right person before a portal
fills up. Here is one of the people Morgan Stanley publishes, in full.
3 people. Their role, the page the firm names them on, and how to reach them
The route that always works, and the one they are most likely to read.
The firm publishes this person, and publishes no address we could read for anyone here, so there is no pattern to show you either. Search their name and firm on LinkedIn and write from your own account.
2 more people, in the same shape as the one above.