Assoc, Professional, P2, Product Support & Services ISG : Job Level - Associate

Morgan Stanley Institutional Operations established a global equity trade support team in Mumbai, in 2009. Approximately 35 functions were transferred from the Institutional Equity Division's trade support groups in New York, Baltimore, London, Glasgow, Hong Kong, Sydney and Tokyo.
The product scope includes primarily cash equities and also other products that are traded by equity trading desks around the world, including FX, listed derivatives, principal investments, bonds, loans, commodities, ETFs, swaps and derivatives. The supported trading desks include equity sector/core, electronic trading, program trading, emerging markets, and several Firm trading desks (internal hedge funds).
Core functions transferred to the Mumbai team includes:
Trade processing exceptions
Certain trade booking / amendments
Position (trading account) reconciliation
Position break flagging and categorization
Settlement fails monitoring
P&L break research
Reference data maintenance
Business process improvement

This is a great opportunity for highly talented and ambitious professionals to be part of the creation of the team.
We expect the team to meet and exceed the exacting standards for risk management, controls, and people management. The role requires very strong focus on risk, training, and people development, while offering great opportunities for personal learning and career growth. An associate should have about 3 to 4 years' experience in a similar set up and have sound knowledge of capital markets operations. An absolute focus on risk controls. The teams will be responsible for reconciling and accurately representing traders' positions. The tolerance for error or delay is very low to zero.
Hire and train the best people we can find in the market
Ensure timely, accurate, and complete communications between the Mumbai team and trade support groups and other operations/finance/IT/business teams in the various offices
Learn Morgan Stanley's businesses, organization, procedures, controls, systems, and staff management practices, as rapidly and thoroughly as possible
Improve business processes to strengthen controls, communications, and improve efficiency
Experience with institutional equity trade support or settlements, preferably from a major global institution
Product and operational knowledge in global cash equities (primarily), corporate actions, FX, listed derivatives, commodities, bonds, loans, swaps, derivatives, principal investments
Risk awareness, willingness and propensity to probe, question, and escalate
Process documentation
Excellent communication skills including fluent spoken and written English required
High computer literacy required, moderate to high expertise with Excel (including creating macros) desired
Organizational skills
Excellent attention to detail, problem solving skills and excellent judgment
Takes ownership of issues is methodical and ensures resolution
Has proven ability to interact with multiple internal and external functions

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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.