FID, Commodities, Real-Time Trader - Analyst/Associate

Morgan Stanley View all jobs

  • Vancouver, BC
  • Permanent
  • Full-time
  • 1 month ago
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 ethics. 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 Fixed Income Division is comprised of Commodities, Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division, with 200+ front office employees, is a market leader in energy, metals, and agricultural product trading worldwide whose professionals trade in both physical and derivative commodity risk.The opening is for an Analyst or Associate on the power desk. This position is responsible for the management and optimization of physical power positions throughout the western interconnect of the US and Canada as well as hourly management of Morgan Stanley’s structured transactions. Due to the highly technical nature of this position, a candidate with a degree in Finance/Engineering or a similar discipline is highly desired. Also, as this market is relationship based, established relationships with both utilities and marketers within the region will be considered an asset.It is to be noted that this position also requires an individual to work on a team with rotating 12 hour shifts encompassing days, nights, weekends and holidays. A typical day begins with receiving a handoff from the team of the previous shifts events, followed by an assessment of the upcoming day and Morgan Stanley’s positions, obligations, and opportunities in the market. Each hour of the 12 hour shift represents a separate and unique trading event in which the trader must compile analysis of the market, asses the resources and capabilities of Morgan Stanley’s assets and contracts, and optimize these resources for maximum efficiency and profitability. This is all done each and every hour while maintaining and meeting all regulatory and compliance standards.Additionally, the candidate would work closely with the day ahead trading and origination teams to facilitate client business and specific tasks which will include:Gaining knowledge and experience managing Northwest Hydroelectric contracts, maintaining all contractual and regulatory obligationsBuilding knowledge of the transmission counterparties, paths, pricing and purchasing procedure for entities within and surrounding the Pacific Northwest, Southwest, Montana, California and Alberta markets.Analyze and pitch new physical trading ideas to the teamWork with regulatory groups and consultants to stay up to date on rule and market design changesWork with middle office and back office on PnL and trade reconciliationWork with IT in improving processes and systemsRepresent Morgan Stanley at industry eventsQualificationsSkills Required:
  • Excellent analytical and quantitative skills
  • Strong research and communication skills
  • Strong interest in the commodities space (particularly energy commodities)
  • Must be an excellent team player and multitasker
Skills Desired:
  • Relevant work experience in real time trading an asset
  • Commodities knowledge or expertise
Educational Requirements:
  • Bachelors Degree or equivalent in Finance/Engineering or similar discipline highly desired
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.Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.

Morgan Stanley