Director (AVP) - Derivatives Operations

Morgan Stanley

3.1

(72)

Baltimore, MD

Why you should apply for a job to Morgan Stanley:

  • Our best-in-class Return to Work program is an excellent opportunity to re-engage and pick up where you left off after a career break.
  • Whether you're welcoming a new addition, watching your children grow or caring for aging parents, there’s support.
  • An employee stock purchase program, 401(k) retirement savings, 529 plans with a company match, IRAs? Check, check, check and check.
  • #PT-JR033955

    Position summary

    s, which is responsible for providing transaction support and managing post execution processes.

    Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...

    What you'll do in the role:

    • Sending across affirmation requests to clients and making sure trades are executed within the timelines.

    • Regular follow ups with clients and using the escalation matrix wherever required

    • Understanding the end to end flow of the process and get into contact with sales and trading, brokers, MO and settlement teams on a regular basis to resolve breaks raised by clients

    • Data mining, business analysis, modeling/reporting, and documentation: preparation and compilation of daily/weekly/monthly metric dashboards to ensure thorough business analysis

    • Collaborate with team members of all levels to complete daily tasks, share market and systems knowledge, create best practice methodologies and approaches for business analysis, issue follow up and escalation

    • Develop relationships with clients (i.e., Counterparties, Traders, Origination, Legal, Credit, IT and Controllers) to understand the priorities of stakeholders to ensure that business needs are met, protect client confidentiality and address ad-hoc requests in a timely fashion. Knowledge of Equities product(Swaps + OTC options) preferred.

    • Answering detailed queries on specific products including Equity Swaps, OTC Options and Variance Swaps

    • Research and resolve documentation discrepancies through proactive communication with internal partners (legal, sales, trading) and external counterparties.

    • Ensure accuracy and completeness of internal confirmation records versus electronic platforms

    • Implement and maintain stringent process controls to mitigate firm and client risk

    What you'll bring to the role:

    • Strong working knowledge of ISDA definitions is essential

    • Minimum of 8+years Banking Operations or equivalent relevant industry experience with exposure to financial products.

    • Previous experience of trade support roles with exposure to trade life cycles, process flows and reconciliation with proven track record in managing and developing control functions.

    • Knowledge of derivative products, settlement processes and electronic matching platforms (Markitwire) is preferable although training will be provided on the job.

    • Minimum Bachelor or Master's degree.

    • Proven track record and understanding of operational risk

    • Experience in negotiating with clients to resolve language discrepancies

    • Strong ability to maintain risk and control while balancing client service

    • Time management and an ability to multitask across line and project work

    • Ability to deconstruct complex processes into their component parts

    • Root cause analysis of reoccurring problems with ability to resolve

    • Excellent verbal and written communication skills across all levels of the organization

    • Ability to re-engineer existing procedures

    • Strong organizational and analytical skills

    • Proactive and aggressive approach to risk management

    • Ability to operate as a strong team player able to work efficiently & effectively against aggressive deadlines

    • Ability to build strong working relationships with and influence internal partners including trade support, documentation and sales/trading

    • Project Management or implementation of global strategic improvements.

    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://https://www.morganstanley.com/about-us/global-offices into your browser.

    Salary range for the position: $93,000 - $140,000 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

    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://https://www.morganstanley.com/people-opportunities/eeo .

    Why you should apply for a job to Morgan Stanley:

  • Our best-in-class Return to Work program is an excellent opportunity to re-engage and pick up where you left off after a career break.
  • Whether you're welcoming a new addition, watching your children grow or caring for aging parents, there’s support.
  • An employee stock purchase program, 401(k) retirement savings, 529 plans with a company match, IRAs? Check, check, check and check.