Director P3
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Job Location:
Monthly Salary:
Posted on:
14 hours ago
Vacancies:
1 Vacancy
Job Summary
The role requires a strong leader who can balance day-to-day oversight of reconciliation processes with a forward-looking vision to proactively identify inefficiencies strengthen controls and drive innovation. This includes championing the adoption of AI automation and next-generation technologies to simplify workflows reduce operational risk and improve scalability across global operations. They must have strong analytical automation (low code) tooling pro dev capabilities and AI strategies and solutions along with strong interpersonal and communication skills and be able to build and foster relationships at all levels of the firms clients and outsourcing agents organization.
Reconciliation Oversight: Manage daily reconciliation processes ensuring timely and accurate comparison of internal vs. external records across cash positions entitlements client-specific and market value reconciliations.
Break Resolution: Investigate and resolve reconciliation breaks promptly coordinating with custodians fund administrators brokers and internal teams.
Root Cause Analysis: Perform root cause analysis on breaks identifying patterns and implementing sustainable fixes to prevent recurring issues.
Entitlements Management: Oversee reconciliation of entitlements to ensure proper recognition of dividends interest and other income streams.
Industry Leading Technologies: Use industry-leading technologies like Alteryx PowerBI GenAI etc. to develop tools for the operations team to pursue automation and enhance efficiency.
Client-Specific & Bespoke Recons: Support bespoke reconciliation requirements (e.g. Fund Units to TA custom client reporting) with robust controls.
Process Improvement: Proactively identify inefficiencies in reconciliation workflows driving re-engineering initiatives and implementing new tools/technologies.
Innovation & Automation: Champion the use of AI machine learning and reconciliation utilities to streamline operations and reduce manual intervention.
Risk & Control Framework: Maintain a strong control environment ensuring reconciliations are conducted in line with policies regulatory standards and audit requirements.
Team Leadership: Lead coach and develop a global team of 29 FTEs fostering collaboration accountability and continuous learning across regions.
Metrics & Reporting: Track and report KPIs/SLAs on reconciliation timeliness break resolution and operational effectiveness to senior management. 12 years of experience in Reconciliations Middle Office or Investment Operations within Asset Management Custodian Banks or Investment Banking.
Strong knowledge of reconciliation processes including cash positions entitlements client-specific and market value reconciliations.
Proven experience leading global operations teams (20 FTEs) with strong people management and coaching skills.
Familiarity with reconciliation platforms and utilities (e.g. SmartStream DUCO or similar).
Demonstrated ability to perform root cause analysis and implement sustainable process improvements.
Experience with process automation AI and advanced technologies in reconciliations or related operational functions.
Strong stakeholder management skills with the ability to coordinate across custodians administrators and internal operations teams.
Excellent problem-solving analytical and communication skills.
Bachelors degree in Finance Accounting Economics or related field (advanced qualifications a plus).
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 thats differentiated and weve 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 - 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.
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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:
Director
Key Skills
- Fundraising
- Management Experience
- Coaching
- Analysis Skills
- Strategic Planning
- Team Management
- Budgeting
- Leadership Experience
- Mentoring
- Public Speaking
- negotiation
- Supervising Experience
About Company
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, ... View more
