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.
Group Description
The Fixed Income Division (FID) Commodities Corporate Sales group is a solutions provider to the Firm’s clients servicing their hedging needs across the spectrum of Commodity products, including oil, natural gas, precious and base metals, power, and agricultural products. The group engages with clients on both vanilla over-the-counter derivatives as well as structured products. The group sits on the private side and works closely with the public side traders in the Commodities Division, a group with 200+ front office employees, and which is a market leader in energy, metals, and agricultural product trading worldwide, trading in both physical and derivative commodity risk.
This role is for an Analyst or Associate on the FID Commodities Corporate Sales desk, based in Houston.
Responsibilities
A successful candidate would be able to support the sales professionals on the desk with client coverage and develop a deep understanding of commodities markets, fundamentals, and client flows across the spectrum of Commodities markets. The candidate would work closely with the sales team to provide market analysis and trade support, execute trades, and assist in developing flow and structured hedging solutions for clients.
The candidate would work closely with the sales and trading teams to facilitate client business, and specific tasks will include:
- Assist with pre and post trade execution
- Responsibility for completing quarterly hedging reports summarizing client hedging activity
- Write weekly market commentary
- Summarize MS Research reports for client distribution
- Provide back-up to other salespeople and proactively reach out to clients
- Communicate with clients, salespeople and traders on market color and trade execution
- Work with middle office and back office on trade reconciliation
- Conduct analysis on historical and forward commodities prices
- Generate Mark-to-market statements
- Work with IT in improving processes and systems
- Draft PowerPoint decks for client presentations
Requirements
- Undergraduate Degree in economics, finance or quantitative discipline
- 1-2+ years of experience, finance preferred
- Mastery / strong knowledge of Microsoft Excel required
- Ability to complete multiple tasks simultaneously in a fast-paced environment amid the multiple distractions of working on a trading floor; Ability to learn and quickly grasp new concepts
- Understanding of swaps, options and derivatives products preferred
What You Can Expect From Morgan Stanley
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.
Expected base pay rates for the role will be between $110,000 and $125,000 per year for Analyst, and between $150,000 and $200,000 per year for Associate, at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
