Executive Director, Trader

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 18 Feb 19

Executive Director, Trader

Morgan Stanley & Co. LLC seeks an Executive Director, Trader in New York, New York

Conduct market-making equities transactions by providing prices to clients of the Firm who are looking to trade exchange traded funds. Maintain responsibility for the inventory of the exchanged traded funds trading book. Make independent decisions regarding product prices and quoting these prices to clients. Review and decide which exchange traded funds to hold on book while anticipating future client demand. Act as a Trader on the D1 desk trading exchange traded funds, sector swaps, and sector futures. Conduct and review OTC exchange traded funds market making processes and risk pricing. Maintain responsibility for various delta one products, such as futures, sector swaps, and custom basket. Hedge trading book peripheral risks, specifically focusing on FX and interest rate risks.


Requirements :

Requires a Master's degree in Economics, Finance, Business Administration, or closely related field of study and five (5) years of experience in the position offered or five (5) years of experience as an Analyst, Associate, Vice President, or related role on a trading desk. Requires five (5) years of experience with: market making; making block markets in exchange traded funds including domestic equity, international equity, fixed income and commodity funds, and equity futures; ETF creation/redemption process; trading in global equity markets; building and maintaining customer relationships with clients active in the ETF space; and trading in local European markets with understanding of market structure and rules. Requires four (4) years of experience with: managing risk trades exceeding $100 million in size and managing inventory of greater than $1 billion.

Qualified Applicants :
To apply, visit us at http://www.morganstanley.com/about/careers/careersearch.html Scroll down and enter 3126747 as the "Job Number" and click "Search jobs." No calls please. EOE
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