Additional Information
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.
The Commodities Department is a market leader in energy, metals, and agricultural product trading worldwide whose professionals trade in both physical and derivative commodity risk. The Global Oil Business market makes and takes positions in oil liquids contracts across the world in all parts of the barrel, and takes positions both intra and inter-regionally.
Job Description
This is an Associate role on the Oil Trading desk, located in New York, within the Commodities department. The desk is focused on Eastern and Gulf Coast Refined Products/Natural Gas Liquids markets.
A successful candidate would be able to develop a deep understanding of market structure, fundamentals, and physical flows within the US East of Rockies refined products and/or natural gas liquids markets. The candidate would work closely with the senior traders to assist with the following tasks:
Main responsibilities include:
Perform daily analysis of oil/NGL market fundamentals, mine relevant data, and develop analytical tools used in daily trading
Identify profitable trading opportunities
Develop pricing models to support structured transactions
Prepare daily risk and PnL reports and analytics for the trading desk and Commodities management.
Engage with scheduling to ensure counterparty obligations are met
Support salespeople with client interactions including occasional travel
Skills Requirement:
Undergraduate Degree in finance, economics, computer science, statistics, engineering or other quantitative based discipline
2-5 years of professional experience, with preference for any Financial or economics related experience
Strong knowledge and experience working with Microsoft Excel and related applications
Excellent analytical and quantitative skills
Strong research and communication skills
Strong interest in trading, financial markets, and the commodities space (particularly energy commodities)
Familiarity in VBA and/or SQL
Must be an excellent team player and multitasker
Morgan Stanley · New York, NY