MSET QR Strats Capital Market Specialist , Manager, Institutional Equity Division

Department Profile From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets. Morgan Stanley’s Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs. Global Markets Group is the offshoring arm of Morgan Stanley’s Equity businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, Strats to risk management. The Quantitative Research (QR) group designs, builds and maintains the models which drive the equity trading engines at Morgan Stanley. Our systems are used globally by both internal trading groups and clients of the firm. We utilize systematic, data-driven approaches to understand how markets work and put those ideas in action. The team spans the disciplines of finance, econometrics, statistics, mathematics, machine learning and data analysis, with many team members well versed in multiple areas. We are looking to hire highly talented, creative individuals who are enthusiastic about research; and enthusiastic about making a contribution to a leading-edge team, in an intellectually stimulating environment.

This role, based in Mumbai, requires the individual to work closely with global Morgan Stanley Quantitative Research teams.. The successful candidate will be a fast-learning, detail-oriented, proactive, and self-motivated individual responsible for analyzing, calculating, and reviewing free float for global equities. The role involves reviewing company filings, exchange disclosures, shareholder data, vendor feeds, and other public sources to assess float-relevant ownership changes and their impact on shares outstanding, investable market capitalization, index weights, and benchmark treatment. The candidate will also monitor corporate actions, support client and internal queries, and produce high-quality written analysis explaining complex float cases, methodology interpretation, and market impact. The expected working hours will be 7:30 am (local time) to 4:30 pm (local time)   What You’ll Do In The Role Responsible for analyzing, calculating, and reviewing free float for global equities in line with equity benchmark methodology and index implementation rules. Review company filings, exchange disclosures, regulatory announcements, shareholder data, vendor feeds, and other public sources to identify float-relevant ownership changes. Assess the impact of strategic holdings, government ownership, founder/promoter holdings, cross-shareholdings, employee trusts, lock-up shares, treasury shares, foreign ownership limits, and other restricted holdings on free float. Perform detailed float calculations and determine investable shares, float factors, shares outstanding, and resulting index weight impacts. Monitor corporate actions such as M&A, spin-offs, placements, buybacks, secondary offerings, rights issues, IPO lock-up expiries, restructurings, and share class changes to assess their impact on float and index treatment. Partner with global teams to respond to client and internal queries related to free float, shares outstanding, index weights, corporate actions, and equity benchmark methodology. Produce high-quality written analysis, emails, and presentations explaining complex float cases, methodology interpretation, and market impact.   Core Requirements We are looking for a confident and outgoing