Morgan Stanley
Fixed Income Division - Analyst / Associate, Commodity Structurer
$110K–$200K
Houston, Texas · On-site · Full-time · Posted Oct 6, 2026
- Experience
- 1–3 years of relevant industry experience.
- Education
- Bachelor's or Master's degree in finance/financial engineering, computer science, other engineering, mathematics, or another quantitative discipline.
About the job
Structures and executes physical and financial power and gas transactions, analyzing pricing and risk and coordinating trade execution across client-facing and internal teams.
What you'll do
- Analyze client needs, pricing, market and credit risk, and transaction structures for power and gas deals.
- Coordinate trade execution, confirmations, booking, PnL and risk reporting, and reconciliation with internal teams.
- Develop client and internal materials and improve portfolio models, processes, and systems.
What they ask for
- Bachelor's or Master's degree in a quantitative discipline listed in the posting.
- 1–3 years of relevant industry experience.
- Demonstrated interest in energy markets, particularly natural gas or power, through work, coursework, or independent study.
- Strong Microsoft Excel and PowerPoint knowledge; analytical aptitude, communication, attention to detail, and coursework in at least one specified finance, accounting, statistics, or credit topic.
Nice to have
- Energy-market experience (natural gas or power) or energy infrastructure project finance.
- Advanced coursework in financial mathematics or option theory; programming experience (e.g., Python, C++, Scala, or other).
Pay
$110,000 and $125,000 per year (USD, base salary; Analyst); $150,000 - $200,000 per year (USD, base salary; Associate)
Tools
Microsoft Excel, PowerPoint, Python, C++, Scala
Model-written summary · the original posting is authoritative