Morgan Stanley Derivatives Clearing – Client Coverage Oversight Role VPED

Morgan Stanley

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profile Job Location:

New York City, NY - USA

profile Yearly Salary: $ 200000 - 300000
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

As a part of Prime Brokerage Morgan Stanleys industry-leading Derivatives Clearing team manages the clearing of Futures Options and Over-the-Counter (OTC) Swaps at Clearing Houses globally. Derivatives Clearing services are utilized by a variety of institutional client types leveraging both speculative and hedging strategies across a wide range of asset classes including equities fixed income FX and commodities. Our team works directly with clients to ensure an optimal client experience and product offering providing clients with access to the markets and information necessary to further enhance their portfolios.

CCO Role:

The goal of the Client Coverage Oversight role within Derivatives Clearing is to mitigate operational risk across the Derivatives Clearing business while ensuring regulatory compliance and operational excellence. The role serves as a strategic partner to internal teams and clients - providing insight education and best practices across products markets and processes critical to client success. The CCO acts as the primary liaison between the Derivatives Clearing business and key stakeholders (such as the Business Control Unit Operations & Technology Legal & Compliance and Counterparty Risk) in order to drive efficiency strengthen controls and support business growth.

Principal Duties and Responsibilities:

  • Drive strategic initiatives to enhance control frameworks across Derivatives Clearing.
  • Oversee projects aimed at identifying managing and mitigating operational risk.
  • Monitor and analyze client activity through reporting tools to ensure adherence to firm standards and regulatory requirements.
  • Collaborate with Legal and Compliance to ensure client-facing teams and clients understand new rules regulations and sanctions impacting transactions and portfolios.
  • Act as an operational subject matter expert for products processes and client strategies to support sales and relationship management teams in pitching winning and maintaining mandates.
  • Engage directly with clients to provide education insights and best practices across a broad array of products and markets.
  • Work closely with Ops and Tech teams to ensure platform stability enhancements and alignment with client needs and industry requirements.
  • Act as the main liaison for operational efficiencies risk mitigation regulatory impact and platform implementation.
  • Maintain deep knowledge of Clearing & Prime Brokerage platforms.
  • Support platform improvements and enhancements to meet evolving business and regulatory requirements.

Skills

  • Excellent written and verbal communication skills; high attention to detail
  • Ability to manage several projects simultaneously and present updates to senior stakeholders
  • Quantitative analytical and technical problem-solving skills
  • Strong team-player and collaborator enthusiastic motivated
  • Ability to work autonomously; self-starter

Education / Experience:

  • Undergraduate degree
  • Extensive clearing futures or cleared swaps experience required (10 years)

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.

To learn more about our offices across the globe please copy and paste into your browser.

Expected base pay rates for the role will be between $200000 and $300000 per year at the commencement of employment. However base pay if hired will be determined on an individualized basis and is only part of the total compensation package which depending on the position may also include commission earnings incentive compensation discretionary bonuses other short and long-term incentive packages and other Morgan Stanley sponsored benefit programs.

Morgan Stanleys goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race color religion creed age sex sex stereotype gender gender identity or expression transgender sexual orientation national origin citizenship disability marital and civil partnership/union status pregnancy veteran or military service status genetic information or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).


Required Experience:

Exec

As a part of Prime Brokerage Morgan Stanleys industry-leading Derivatives Clearing team manages the clearing of Futures Options and Over-the-Counter (OTC) Swaps at Clearing Houses globally. Derivatives Clearing services are utilized by a variety of institutional client types leveraging both speculat...
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Key Skills

  • Business Development
  • Eclipse
  • Economics
  • Accounting
  • Corporate Risk Management
  • Brokerage

About Company

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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

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