FID, Commodities, Natural Gas Trading - Analyst/Associate
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. 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. North American Power and Gas (NAPG) trades physical and financial power and gas in United States and Canada. NAPG manages resources and provides load-following services, buys and sells energy tolls and provides other risk management needs for municipal and utility clients, commercial and industrial load, load aggregators, independent power producers and renewable generation developers.
Job Description:
This is an Analyst or Associate role on the Natural Gas Trading desk, located either in New York or Houston, within the Commodities department. The desk is focused on Eastern and Gulf North American Natural Gas markets.
A successful candidate would be able to develop a deep understanding of market structure, fundamentals, and physical flows within the East and/or Gulf Natural Gas markets. The candidate would work closely with the senior traders to assist with the following tasks:
Main responsibilities include:
• Perform daily analysis of natural gas market fundamentals, mine relevant data, and develop analytical tools used in daily trading
• Perform optimization of the physical assets in the cash markets
• 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 originators with client interactions including occasional travel
Skills and Experience Requirement:
• Undergraduate Degree in finance, economics, computer science, statistics, engineering or other quantitative based discipline
• 1-4 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
Preferred Qualifications:
• Experience in a traditional programming language such as Java, C/C++, Python, or R.
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $110,000 and $125,000 per year at the commencement of employment for Analyst, and between $150,000 and $200,000 per year at the commencement of employment for Associate. 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).