Fixed Income Division - Associate/Vice President, Precious Metals Options Trader (Singapore)

Morgan Stanley; Singapore; On-site; SGD 200,000 - 320,000; Full time

Job summary

Morgan Stanley is seeking a highly motivated trader to join the Global Precious Metals Trading team in Asia hours. You will price and risk-manage precious metals options and volatility exposures, collaborating with global teams to support client activity and grow the precious metals franchise.

The role emphasizes fast-paced front-office trading, strong quantitative skills, and clear communication across trading, sales and structuring.

Qualifications

• 3–10 years in precious metals or commodities derivatives trading.
• Strong understanding of options pricing, hedging, and risk management.
• Experience managing trading positions and market risk in front-office.
• Knowledge of gold, silver, or PGMs preferred.
• Excellent quantitative and analytical skills with volatility awareness.
• Ability to meet tight deadlines and communicate across teams.

Responsibilities

• Quote, price and risk-manage client flow across precious metals volatility markets during the Asia trading session.
• Develop and implement risk-management strategies with the global Precious Metals Trading team to optimize portfolio performance.
• Manage trading positions and market exposures with disciplined risk oversight and timely execution.
• Support development of the precious metals franchise across institutional investors, hedge funds, asset managers, banks and other market participants.
• Collaborate with Trading, Sales and Structuring teams to identify opportunities and deliver client solutions.
• Contribute to trading strategies, pricing frameworks and risk-management tools.
• Monitor market developments, volatility, regulatory changes and client trends in precious metals markets.
• Coordinate with Risk, Compliance, Operations and control functions to stay within risk limits.

Skills

Precious metals trading

Options trading

Risk management

Quantitative analysis

Cross-team collaboration

Strong communication

Job description

We're seeking someone to join our team as a a highly motivated and experienced trader to join the Global Precious Metals Trading team, with responsibility for managing our non-linear trading business during Asia trading hours.

The successful candidate will be responsible for pricing and risk-managing precious metals options and volatility exposures, working closely with the global trading, sales and structuring teams to support client activity and further develop the precious metals 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.

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:

• Quote, price and risk-manage client flow across precious metals volatility markets during the Asia trading session.
• Develop and implement risk-management strategies in partnership with the global Precious Metals Trading team to optimise portfolio performance and capital efficiency.
• Manage trading positions and market exposures, ensuring disciplined risk oversight and timely execution.
• Support the continued development of the precious metals franchise across institutional investors, hedge funds, asset managers, banks and other market participants.
• Collaborate closely with Trading, Sales and Structuring teams to identify market opportunities and deliver solutions for clients.
• Contribute to the development of trading strategies, pricing frameworks and risk-management tools.
• Monitor market developments, volatility dynamics, regulatory developments and client trends relevant to precious metals markets.
• Work closely with Risk, Compliance, Operations and other control functions to ensure trading activities are conducted within applicable risk limits and governance frameworks.

What you'll bring to the role:

• 3-10 years of relevant experience in precious metals, commodities derivatives, options trading or a closely related trading role .
• Strong understanding of options and volatility products , including derivatives pricing, hedging and risk management.
• Experience managing trading positions and market risk within a front-office trading environment.
• Good understanding of precious metals markets and relevant products, ideally including exposure to gold, silver and/or platinum-group metals .
• Strong quantitative and analytical skills, with an understanding of options risk measures, volatility and underlying market dynamics.
• Demonstrated ability to assess market conditions and make effective pricing and risk-management decisions in a fast-moving trading environment.
• Strong understanding of risk management, trading controls and regulatory requirements applicable to a markets business.
• Ability to work collaboratively across Trading, Sales, Structuring, Risk and other functions, including with global teams across different time zones.
• Strong written and verbal communication skills.
• High level of integrity, commercial judgement and attention to detail.

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