We are looking for a Commodities Structuring Associate to join our team in our Budapest office. Upon joining successful candidates will be provided comprehensive training on the Commodities market. This involves ideating and implementing initiatives around new client solutions across structured finance, trading risk management strategies, pricing and capital frameworks and taking ownership of the execution process

Structurers are responsible for modelling transactions and analysing risks (market, credit, capital, operational), negotiating client confirmations and legal documentation, booking trades and coordination with second line functions (strats, operations, credit, valuation control, legal, finance).  We work across all the commodities that Morgan Stanley trades – power, gas, oil, base metals, precious metals and agricultural and environmental products.

We are looking for candidates who are interested in a long-term career in Commodities. Successful candidates will have opportunities for career progression and growth in Institutional Securities Group.

We offer:

• Unique opportunity to be an integral part of the global fixed income business while working with trading desks and capital markets teams on commodities products;

• Technical and professional on-the job training in commodities and structured credit;

• Enriching challenges that provide opportunity for constant learning and advancement;

• An introduction to Morgan Stanley and the global financial markets.

You will:

• Model existing and design new commodities structured finance transactions, as well as derivatives

• Provide an in-depth understanding of client credit risks and work with various functions to understand the accounting, tax, capital and market risk impacts of transactions.

• Perform pricing analysis and coordinate with strats, trading and other relevant groups to help position the firm to win client mandates.

• Analyze and engineer a variety of financial products across the credit spectrum;

• Use third party and proprietary platforms to optimize deal structures;

• Collaborate on various projects with different functions in London.

You have:

• BSc or MSc quantitative/finance degree (e.g. finance, economics, financial mathematics, and engineering);

• 2-3 years of relevant work experience;

• Strong analytical and numerical skills and experience with financial data;

• Computer Skills: confident user of Excel, some coding experience is a plus (e.g. VBA, Python);

• Strong verbal and written communication skills in English;

• Excellent problem-solving and strong interpersonal skills.

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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.