Morgan Stanley Hiring for Associate – Prematch and Fails (Operations) at Bengaluru, Karnataka Full Time

DESCRIPTION

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile – Institutional Securities Group (ISG) Product Operations

ISG Product Operations encompasses two functionally aligned organisations. The first, Trading & Client Operations, provides Operations functions in direct support of activity executed by Institutional Sales & Trading. The second, Clearing Operations, provides Operations functions in direct support for activity cleared by Morgan Stanley on behalf of our clients in Prime Brokerage, Listed Derivatives, and OTC Derivatives. The broad organisation partners closely with Sales and Trading to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected ‘front to back’ view of operations to ISG Sales and Trading.

Clearing Operations Glasgow

Listed Derivatives

The Listed Derivatives Department is responsible for the clearing and settlement of Futures, Options and Forwards on Stock, Index, FID and Commodity products. A recognised centre of excellence the Glasgow hub has established a strong footprint globally which has grown in size and responsibility since its initial inception in 2004. The teams manage the front to back operational processes that require high technological and analytical abilities to drive performance and commerciality.

The Derivatives function has a wide spread network both globally and functionally that allows for direct communication with the trading desks and functional heads. The highly geared nature of these products requires strong risk awareness to protect the franchise particularly in high volume or volatile periods.

Prime Brokerage

Prime Brokerage Operations in Glasgow supports both the Prime Brokerage (NY) and International Prime Brokerage (LN) Business Units, across both Equity and Fixed Income products. It is a hugely diverse and dynamic department covering a wide range of functions/responsibilities from trade capture and clearance through to settlements and reconciliations. The teams liaise with various internal and external counterparties on a daily basis, including the business units, hedge fund clients, brokers, stock loan, controls, corporate actions, network management and settlements. It is a high risk, exciting environment where the teams have to work to tight deadlines, which are both client and market driven.

As the demands of hedge funds have evolved, so too have services provided by the Prime Broker. Today, Morgan Stanley Prime Brokerage supports clients across a wide range of trading strategies from the more traditional equity long/short to credit strategies where the fund manager is trading credit default swaps, index futures and global distressed debt.

Primary Responsibilities

Liaising/communicating with Global stakeholders and various operational groups

Providing reporting information to management and key stakeholders

Identification and timely escalation of risk items to management

Process management of various settlement relate

QUALIFICATIONS

Candidate should have a background in Financial Services within Operations

Strong verbal and written communication skills

Ability to manage and prioritise workload and work to deadlines

An understanding of risk management and escalation

High levels of accuracy and numeracy

The utilization of analytical and investigative skills to a successful conclusion

Proactive & flexible team player

The ability to establish and build effective working relationships with local and global colleagues

Skills desired

o Knowledge of the full Trade flow from Execution to settlement for the market & the client

o Experience preparing team procedures and assessing/implementing team controls

o Good knowledge of Microsoft Office applications

o Proven track record of successful project implementation

o Experience and knowledge of Client Servicing