FX Options Trader - Associate

Job description

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 is comprised of 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 is a market
leader across a broad range of commodities markets, with expertise in areas including client risk management, financing
solutions and investor products Sales & Trading

From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading,
and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign
exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively
assessing and managing risk, trading securities, and
planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly
complex, we often develop customized solutions.

Morgan Stanley is looking to recruit a Futures Sales trader to join the team in London.

Primary Responsibilities

• Responsible for trading and risk management of foreign exchange options.
• Oversee fx derivatives products on CEEMEA complex.
• Perform market making, daily trading, book running and risk management.
• Understand a wide variety of market instruments and warehouse complex risk.
• Develop and maintain relationships with clients and manage, hedge, and trade the firm's risk exposures from our accumulated positions.

Desired profile

Skills required (essential)

• Experience in FX Options Volatility Trading within a sell side firm.
• Market-making and managing risks for G10, CEEMEA and Complex Derivatives
• Experience with mathematical and statistical models.
• Knowledge of volatility and stochastic volatility models and how they relate to Complex Derivatives.
• Experience using Bloomberg, advanced Excel and Monte Carlo simulations

Skills required (Desirable)
• Knowledge of a second language is preferable

The Salary for this role is competitive.
The closing date for applications is 15/04/2016

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.