Executive Director & High Yield Trader

Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, with more than 40 years of history, a presence in 24 countries, and a total of $1.8 trillion in assets under management as of September 30, 2025. MSIM strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.

MSIM’s High Yield investment team manages $32B in assets across a dedicated group of 35 investment professionals in New York, Boston, and London. The team is dedicated to high yield bond investing and has built a strong long-term track record of risk-adjusted performance through a concentrated, bottom-up approach to credit selection. The London-based team focuses on European currency High Yield and manages a growing pool of over $4B in assets, leveraging MSIM’s global resources. The team operates through a highly collaborative investment process, with traders, portfolio managers, and credit analysts working closely together to deliver strong outcomes for clients.

The Senior Trader will be passionate about credit markets and directly responsible for transacting in markets, developing and maintaining sell side relationships, and generating innovative trade ideas.

Responsibilities

• Execute voice and electronic trades providing best execution with a focus on Euro and Sterling high yield credit markets.
• Represent MSIM interfacing with the leveraged finance community to generate market color and trade ideas.
• Build relationships with sell-side participants to augment our profile with the dealer trading and syndicate desks, benefiting primary and secondary market activity.

Respect for individual differences, with an openness to diverse perspectives.

Engagement in community service, volunteering or corporate citizenship initiatives.

Commitment to mentoring and supporting professional growth of others.

Navigates change with confidence, maintains composure under pressure, and leads through uncertainty.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements

If this 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.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills

and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.