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

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

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1 Vacancy
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Job Location drjobs

Mumbai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Primary Responsibilities

>Scope and Purpose of the Role:

The role is within the Equity OTC Confirmation area which is part of the broader Equity Derivatives group under the Derivations Operations umbrella
Specific Tasks:
>- 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.
>Understanding of basic lifecycle of OTC producs
>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 Skills/Qualifications required (essential)

Required
>Minimum of 5years 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 Drafting systems (thunderhead) is preferable although training will be provided on the job.
>Minimum Bachelor or Masters degree.



Required Competencies

- Strong working knowledge of ISDA definitions is essential
- 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-engineering existing procedures
- Common sense coupled with a strong analytical and logical approach
- 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:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres 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 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.


Required Experience:

IC

Employment Type

Full-Time

Company Industry

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