AUD Rates Trader, Analyst

Morgan Stanley; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Employee benefits

Job summary

Morgan Stanley’s AUD Rates Trading team in Singapore seeks an Analyst to support market-making, risk management and client activity across AUD rates products within the Asia Fixed Income franchise.

The role collaborates with senior traders, sales, structuring, research and control partners to manage risk and execute across the trading lifecycle, with a focus on discipline and regulatory compliance.

Qualifications

• Experience in rates trading or related markets.
• Strong quantitative and analytical skills to interpret data.
• Ability to operate in a fast-paced trading floor environment with attention to detail.
• Understanding of trading controls and risk management.
• Excellent communication and collaboration across teams.
• 2–5 years of relevant experience.

Responsibilities

• Support senior traders in pricing, execution, hedging and risk management across AUD rates products.
• Assist with market-making across interest rate swaps, OIS, cross-currency basis, and related products.
• Monitor market developments, client flows and macro data to inform trading decisions.
• Help manage day-to-day trading risk, including position monitoring and P&L review.
• Collaborate with Sales, Structuring, Research, Risk and Finance to support client activity.
• Contribute to desk analytics, pricing tools and market commentary.
• Maintain controls and regulatory compliance relevant to trading in Singapore and the region.

Skills

Rates trading

Quantitative analysis

Market research

Risk management

Communication

Team collaboration

Job description

Job Description & Requirements

We’re seeking an Analyst to join our AUD Rates Trading team in Singapore, supporting market-making, risk management and client activity across AUD rates products within the Asia Fixed Income franchise.

In the Fixed Income division, we work in fast-paced and constantly changing global markets to assess and manage risk, trade securities, manage relationships with clients, and structure and execute innovative transactions.

The role will sit within Interest Rate Products and support trading activity across AUD rates markets, working closely with senior traders, sales, structuring, research and control partners.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role

• Support senior traders in pricing, execution, hedging and risk management across AUD rates products.
• Assist with market-making activity across relevant instruments, including interest rate swaps, OIS, cross-currency basis and related linear rates products.
• Monitor market developments, client flows, central bank policy, macroeconomic data and curve dynamics to support trading decisions.
• Help manage day‑to‑day trading risk, including position monitoring, trade booking, P&L review and escalation of issues as appropriate.
• Partner with Sales, Structuring, Research, Risk, Finance and Operations to support client activity and ensure smooth execution across the trading lifecycle.
• Contribute to desk analytics, trade idea generation, pricing tools, market commentary and process improvements.
• Maintain strong discipline around controls, conduct, risk limits and regulatory expectations relevant to trading activity in Singapore and across the region.

What you’ll bring to the role

• Experience in rates trading, rates structuring, treasury markets, fixed income, macro trading or a related markets role.
• Understanding of AUD rates markets and core products such as interest rate swaps, OIS, cross‑currency basis and government bond‑related instruments.
• Strong quantitative, analytical and problem‑solving skills, with the ability to interpret market data and translate insights into actionable trading support.
• Ability to operate effectively in a fast‑paced trading floor environment with strong attention to detail and sound judgment.
• Understanding of trading controls, risk management, operational processes and the importance of maintaining a strong control mindset.
• Strong communication and collaboration skills, with the ability to work across trading, sales, structuring and control functions.
• Curiosity, commercial awareness and a strong interest in macro markets, central bank policy and rates market dynamics.
• At least 2–5 years of relevant experience

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 pastehttps://www.morganstanley.com/about‑us/global‑offices into your browser.