Fixed Income Division - Associate, eFX Trader (London)

FID – eFX Trader - Asociate

Department Overview

The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Securitized Products, and Municipal Securities. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader in energy, metals, and agricultural product trading worldwide whose professionals’ trade in both physical and derivative commodity risk.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

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. We 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.

What will you be doing?

• Monitoring the trading system, risk management and researching new opportunities.
• Creating trade analytics requiring an understanding of deeper market structure.
• Responsible for trading and managing risk for the eFX Trading book.
• Actively monitoring the markets for opportunities in eFX markets.
• Generating trade ideas and market comments to increase the business footprint.
• Managing daily profit and loss reporting and utilizing quantitative knowledge for relative value analysis and valuation.
• Understanding a wide variety of market instruments and pricing complex risk.
• Provide input into research and develop trading strategies based on transaction data and market data, to increase or target trading activities and facilitate client service
• Provide input into creating bespoke data-driven content to highlight the value/performance offered by Morgan Stanley trading tools, including opportunities for direct client presentations/interaction

What we’re looking for:

• Excellent analytical and problem-solving skills.
• MSc or PhD in mathematics, physics, or a similar quantitative subject.
• Extensive know-how of the FX market dynamics for G10 currencies. Experience in EM markets is beneficial.
• Deep understanding of Macro HF, Macro RM, Cross asset funds and corporate client base.
• Strong technical communication skills & ability to work independently.
• You will have an entrepreneurial mindset and possess practical problem-solving skills with a great attention to detail.
• You can analyze and interpret complex information quickly and accurately.
• Familiarity with market making tools.
• Experience using Bloomberg and advanced Excel.

Certified Persons Regulatory Requirements:

This role is deemed as 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.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cr