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

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 Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying, and mitigating all operational risks, developing strong client relationships, and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures, and markets. Institutional Securities Group Product Operations (ISGPO) partners closely with Sales & Trading and our Clients to process daily activities, develop and implement new products and services, as well as drive efficiency and reduce risk in our processes. Cash Settlements is a global team with footprints in Mumbai, Glasgow & Baltimore.

Background on the Team The Cash Settlements team is responsible for the accurate and timely settlement of all OTC Derivative, Foreign Exchange and Commodities cash flows to and from the firm's clients, counterparties and custodians. Additionally, the group performs post settlement reconciliation, fail and break resolution and client support functions. The position requires daily interaction with various clients and broker dealers globally, in addition to Morgan Stanley sales and trading desks, Trade Support, Finance, other Operations groups, and technology teams.

Cash Settlements is divided into several teams by product and function. This offers the successful candidate the opportunity to learn the intricacies of a variety of complex products and functions within the larger Settlements team. Each team is responsible for controlling risk by managing relationships with clients and counterparties to ensure that high risk settlements are settled in a timely manner and any post-settlement issues or discrepancies are identified, escalated appropriately, and resolved.

Primary Responsibilities The successful candidate will be responsible for Settlement related functions within the wider Cash Settlements team. The successful candidate is expected to become a Subject Matter Expert in their function and provide support to the Director group.

Work on day-to-day Cash Settlements functions (FX/ FID/ Equities / Commodities) Ensuring timely settlement of cash flows and Investigation and resolution of fails Subject Matter expert for function and product covered within the group. Analysis of current processes and identification of process/system to increase efficiencies. Attention to detail and accuracy. Metrics reporting using Excel. Supporting applicable Change the Bank and Run the Bank Projects impacting the team, from inception; providing SME support, testing and monitoring into Production and be actively involved in UAT testing. Escalation points for issues and discrepancies with external and internal counterparties Ensure timely settlement of cash flows and resolution of fails. Subject Matter expert for function and product covered within the group. Ability to think out of the box and work on identification of process/system to increase efficiencies. Supporting applicable Change the Bank and Run the Bank Projects impacting the team, from inception; providing SME sup Skills required (essential) Experience within a Settlements or applicable product related role Bachelor's Degree Strong analytical, organizational, and verbal and written communication skills Proven ability to work efficiently and accurately under pressure in a fast paced-multi tasking environment. Proactive and self-motivated Strong Microsoft Excel and Word skills Flexible working in Shift (Asia / EMEA / NA) Proactive and self-motivated

Skills desired 4+ years of experience within Settlement operations Strong IT skills and proficiency with Microsoft Office applications (particularly Excel) Strong product knowledge (Equity, Commodities, FID & FX) Strong knowledge of SWIFT messages, third-party reconciliation tools such as DTCC, MarkitWire. Some experience in oversight of team members

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. 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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo .