Fixed Income Division - Associate/Vice President, Bulks & Metals Trading (Singapore)

Morgan Stanley; Singapore; On-site; SGD 200,000 - 360,000; Full time

Job summary

Morgan Stanley in Singapore is seeking an experienced Metals Trader to facilitate market-making and client flows in bulks and base metals. You will price and execute trades across derivative products, manage risk and positions, and read market signals to form trading views.

Working with Sales and the regional team, you will develop trade ideas, handle desk administration, and monitor physical market fundamentals affecting the book, while actively minimizing aging fails.

Qualifications

• 5–8 years of relevant experience across metals products, including bulks and metals.
• Direct front-office trading or risk-management experience.
• Exposure to commodity derivatives (futures, options, swaps, forwards) or a mix of derivatives and physical trading.
• Quantitative skills and strong understanding of commodity markets and pricing drivers.
• Able to articulate the inputs behind outputs expressed as numbers.
• Data management skills; analytical and detail oriented.
• Strong communication and teamwork capabilities.

Responsibilities

• Facilitate market-making and client flows in bulks and base metals while managing risk and maximizing profit.
• Price and execute trades across derivative products, taking direct responsibility for risk and position management.
• Read market information, flows and price behavior closely to analyze situations and form trading views.
• Work closely with Sales and the regional team to formulate trade ideas and deliver solutions to clients.
• Manage trading desk administration, including trade bookings and amendments.
• Identify and follow up on aging fails and promptly escape to Management.
• Monitor physical market fundamentals (supply and demand, freight, inventories, China demand and policy) and their impact on the book.

Skills

Front-office trading

Risk management

Commodity markets

Data analysis

Analytical thinking

Team collaboration

Communication skills

Tools

Python

Excel

Job description

What you'll do in the role:

• Facilitate market-making and client flows in bulks and base metals while managing risk and maximizing profit
• Price and execute trades across derivative products, taking direct responsibility for risk and position management
• Read market information, flows and price behavior closely to analyze situations and form trading views
• Work closely with Sales and the regional team to formulate trade ideas and deliver solutions to clients
• Manage trading desk administration, including trade bookings and amendments
• Identify and follow up on aging fails and promptly escape to Management
• Monitor physical market fundamentals (supply and demand, freight, inventories, China demand and policy) and their impact on the book

What you'll bring to the role:

• 5 to 8 years of relevant experience across metals products, including bulks and metals
• Direct front-office trading or risk-management experience
• Exposure to commodity derivatives (futures, options, swaps, forwards), or a combination of derivatives and physical trading
• Quantitative skills and a strong understanding of commodity markets and pricing drivers
• Able to articulate the determining factors and inputs behind outputs expressed as numbers
• Data management skills;
• Analytical, articulate and strong attention to detail
• Strong communication skills
• Highly motivated, with a desire to work together in a team

Preferred skills

• Experience in financial derivatives trading with exposure to Physical trading
• Background in a major commodities trading house, investment bank or commodity portfolio manager
• Coding: Python;
• Hands-on experience applying AI tools to trading workflows, such as automating Excel/data tasks, summarizing market and news flow, or building simple scripts (e.g., Python) for analysis and reporting

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.

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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and