Senior Associate - Asia Hour Rates Sales Assistant (Fixed Income Division)

Senior Associate - Asia Hour Rates Sales Assistant (Fixed Income Division)

Job Number:

3252308

Posting Date

:Jun 7, 2024

Primary Location

:Non-Japan Asia-India-Maharashtra-Mumbai (MSA)

Job

:Investment Banking/Sales/Trading/ResearchEmployment Type:Full TimeJob Level:Senior Associate

Description

From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.

The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading

Global Markets Group is the offshoring arm of Morgan Stanley’s Sales & Trading businesses in India. It covers functions across FID and Institutional Equities Division (IED) ranging from those associated with sales, trading, analytics, strats to risk management.

The Macro Sales team covers institutional clients across central banks/SWFs, asset managers, banks and macro hedge funds across interest rates and FX products. The sales team transacts with this diverse set of clients on a high frequency basis across currencies and products (FX, FX options, Bonds, Interest Rate swaps, Interest Rate options, government bonds, and more).

The sales team represents the Firm to clients, and serves as client’s gateway to the Firm. It is the responsibility of Sales and its support team to provide and act as the conduit for clients to all stakeholders of the Frim including traders, structurers, and research analysts in order to provide best in class execution and coverage.

You will become a critical part of the sales team, both in liaising with clients support team, providing valuable trade (and business) analysis. In order to streamline our production, and better serve our clients.

An exceptional trading support position has become available in direct support of a market leading Global Investment Banks trading operations, and client support.

This position would suit a trade support or middle office professional who has previous experience with a global investment bank and seeking to support a high-performing team of salespeople. Strong product knowledge of Rates (bonds, IRS, XCCY, Swaptions), FX (Spot, Fwds, Options) is preferred.

The ideal applicant would have previous experience for a few years within Fixed Income in a direct trade support, P&L support or desk support capacity.

A good understanding of trade flow processing, P&L principles is important, in addition to a good understanding of financial markets and trading products. We are keen for applicants to have a solid trade support experience with direct trade booking, and revenue reporting.

The sales and trading teams will often be direct in their communication, so it's important that the Trading Assistant is able to communicate succinctly and concisely. A good understanding of the interaction with different teams and people in the trade support work flow chain is useful, for example vendor confirmations systems such as, but not limited to: MarkitWire, Harmony, but also global teams you will interact with in order to perform your role well such as, but not limited to: settlements, onboarding.

This position will require close liaison with other teams as well as interaction with domestic and offshore divisions to facilitate timely and accurate settlement, reconciliations with other trade support teams, plus accurate books and balances and trade booking functions.

Responsibilities:

Work with trade support teams, salespeople, trading assistants and external Middle Office functions to ensure perfect trade bookings and settlement, and quick resolution of trade dispute

Co-ordinate and facilitate resolution of trade discrepancies (liaise with trading desk, IT, settlements)

Complete FX and Rates trade bookings and allocations

Work with the sales desk to set up / facilitate new client opportunities

Become involved in projects / strategic work as required

Remain flexible in regard to products dealt with

Collate, analyze daily/weekly/monthly management reporting data (trade processing, flow, positioning)

Maintenance of propriety spreadsheets and data

Qualifications

We are looking for high caliber people who possess the following competencies:

Around 2+ years' experience in a middle office / trade support capacity at a global investment bank or investment firm in the same capacity

Experience working with sales/traders

Ability to work with colleagues in offshore locations, maintain communication and build rapport with these colleagues

Good understanding of risk functions and PnL

Excellent verbal and written communication skills

Excel and data analysis experience

A disposition with high attention to detail

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.