Interest Rates Trader – US Government Bonds - Associate

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Morgan Stanley
  • 22 Nov 17 2017-11-22

See job description for details

Interest Rates Trader – US Government Bonds - Associate

Company Profile

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.

Department Profile

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.

Primary Responsibilities

The successful candidate will be primarily responsible for trading US Government Bonds and other interest rate products in the EMEA region. Primary responsibilities include:

• Acting as market maker for US Government Bonds and assisting in overnight risk management for the New York desk including relative value trading and hedging.
• Creating and distributing market information on customer flows, trade ideas and general commentary on a daily and intra-daily basis.
• Managing daily profit and loss reporting and utilizing highly specialized quantitative knowledge for relative value analysis and valuation and complex modelling of financial data.


Skills required (essential)

• Quantitative Bachelors Degree (Finance/Maths /Economics or Engineering) at 2.1 or equivalent
• Expert knowledge of Fixed Income products with a specialisation in Interest rates.
• Strong work ethic and daily discipline to make consistent markets for clients and daily information flow across the NY and HK desks.
• Proven experience of building models for trading and risk management.
• Demonstrated ability of writing comprehensive trading colour and making presentations on trading ideas and strategies.
• Excellent networker who is comfortable liaising with clients, sales, traders.
• Strong people management skills, dealing with infrastructure partners and experience of building trading systems and analytics.

The salary of this role is competitive.

The closing date for applications is 25/11/2017

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents