Morgan Stanley Hiring for Associate – Derivative Clearing Operations at Bangalore Full Time

The primarily function within the team is the completion of daily tasks, including (but not limited to):

• Capturing and allocating business which is executed by external brokers and Give In to Morgan Stanley
• Trades that are executed by Morgan Stanley and give Up (Execution only business) to external brokers.
• Monitor matching systems and ensure that all flow matches or clears internally. Any trades that remain unmatched are escalated to the relevant Trading Desk / Traders Assistant throughout the day via phone calls or emails.
• Be a change agent and drive the direction of the group strategically by improving the efficiency and control aspects of Clearing, Reconciliation and Control functions
• Proactively explore solutions to close control gaps and ensure adherence to existing control framework; regular review and understanding of procedures, checklists and reports to ensure they are accurate and current
• Ensure the completion and delivery of all business unit and client requirements associated with timely updates of Fee and commission schedules and related queries.
• Champion the operational changes required to implement processes to satisfy Local and Global regulatory changes.
• Partner closely with Technology, Risk and Change Management teams

COMPETENCIES REQUIRED FOR THE ROLE

COMMERCIAL/ BUSINESS ORIENTATION

• The team works a split shift system. Therefore, flexibility on start/finish times will be required.
• After the initial training period, the successful individual will expect to work independently and proactively with minimal management supervision.
• Candidate should be a confident, well-rounded methodical person with good analytical skills
• Good relationship building skills
• Task orientated, inquisitive in nature and have an appetite to learn

FUNCTIONAL KNOWLEDGE

• Knowledge of listed derivatives Trade Support Group functions (or at least the concept of TSG functions) is an advantage.
• The individual will be expected to learn quickly to acquire the required technical/product knowledge.

PROFESSIONAL SKILLS

– Pays attention to detail – demonstrates excellent attention to detail when analyzing or interpreting data.
– Comprehends and reasons – Displays well developed ability to comprehend, reason and process complex data.
– Breaks down problems – into smaller, more manageable parts.
– Team player skills – to balance and prioritize between day-to-day activities; Works effectively in teams and broader networks to deliver results

• Strong PC /Advanced MS Excel skills,
• Strong communication / networking skills to interact with both internal / external parties
• Proactively escalates breaks and risk issues.
• Understand and adapt to Regulatory and Industry change