London Commodities Options Trader (Associate/VP)

Morgan-Stanley; Greater London; On-site; GBP 120,000 - 190,000; Full time

Job summary

Morgan Stanley in London is seeking a junior options trader to join the Fixed Income Division as an Associate/VP in the commodities options desk. You will source liquidity, price option structures, and manage a live book within a collaborative team.

The role requires a strong quantitative background, proven options trading experience, and the ability to work under pressure while supporting the broader trading and sales teams. A proactive, entrepreneurial mindset is valued.

Qualifications

• Experience in commodities options trading.
• Proven ability to manage PnL and risk metrics.
• Strong quantitative skills and analytical mindset.
• Capable of working in a high-pressure, collaborative team.

Responsibilities

• Source liquidity in commodity options markets to respond to client requests.
• Price option structures and manage an options portfolio using Greek sensitivities.
• Support the options book runner with P&L reconciliation and reporting.
• Collaborate with commodities sales and trading teams to form market views.
• Monitor macro data and market trends to develop trading strategies.

Skills

Options trading experience

PnL/Risk management

Quantitative mindset

Team player

Regulatory qualifications

Job description

Morgan Stanley in London is seeking a junior options trader to join the Fixed Income Division as an Associate/VP in the commodities options desk. You will source liquidity, price option structures, and manage a live book within a collaborative team.

The role requires a strong quantitative background, proven options trading experience, and the ability to work under pressure while supporting the broader trading and sales teams. A proactive, entrepreneurial mindset is valued.