Equities Trade Support- Director
Boston, MA - USA
Job Summary
Morgan Stanley Investment Management Operations is seeking a highly motivated and detail-oriented Equities Trade Support expert to join the Public Markets Middle Office and provide high-touch operational partnership to Portfolio Managers and Traders. This role serves as a day-to-day point of contact for front office stakeholders ensuring smooth end-to-end operational support across the equity trade lifecycle governing strong control frameworks and timely issue resolution across trade capture confirmations settlement cash/position reconciliations and key lifecycle events.
The position provides an opportunity to partner closely with MSIM Trading Technology Compliance Counterparties Prime Brokers/Clearing Brokers Custodians and various functional teams within MSIM Operations to proactively monitor transaction/position data quality and resolve issues that could impact trade execution settlement valuation risk and client/regulatory reporting. The successful candidate exercises sound operational judgment maintains composure in high-pressure time-sensitive market environments and effectively manages risk across multiple products while delivering exceptional support and issue resolution.
As a Director you will contribute to continuous improvement initiatives leverage automation and AI-enabled solutions to drive innovation and champion operational excellence by enhancing processes achieving our strategic business outcomes and delivering world-class service to our clients.
Key Responsibilities:
Trade Support Coverage:
- Provide dedicated day-to-day operational support to Portfolio Managers and Traders across applicable asset classes including equities and foreign exchange ensuring timely and accurate processing of trades from execution through settlement.
- Serve as a primary point of contact providing proactive oversight of trade lifecycle controls booking quality and operational readiness for front office stakeholders.
- Anticipate front office needs and proactively resolve front-to-back workflow issues (trade capture allocations confirmations settlement clearing) ensuring minimal disruption to investment decision-making.
- Monitor start-of-day readiness (cash/positions reconciliation breaks pricing/valuation flags unmatched confirmations settlement fails) and consult stakeholders on exposures exceptions and required actions.
Issue Resolution and Escalation:
- Perform root cause analysis and permanent corrective actions to drive resolution of trade lifecycle and operational issues (allocations confirmations exceptions/breaks settlement fails fees/interest accruals corporate actions where applicable) partnering with Custodians Brokers/Clearing Brokers Technology and Compliance as applicable.
- Exercises sound operational judgment with a strong risk and control mindset proactively identifying assessing and resolving trade issues while ensuring timely escalation of material risks.
Optimization:
- Identify opportunities to streamline trade support processes increase straight-through-processing implement industry best practices reduce manual touchpoints and enhance preventative controls using automation and AI-enabled solutions.
- Maintain accurate support KPIs/KRIs (e.g. breaks failed trades aging incident volumes turnaround times) and deliver actionable insights to Middle Office leadership and front office stakeholders.
- Contribute to procedures playbooks and training; coach peers/juniors as needed to ensure consistent processes and effective knowledge transfer.
- Partner on change initiatives (platform enhancements new products/strategies market/regulatory obligations) and prioritize work based on activity risk and business needs escalating where appropriate.
Experience and Qualifications:
- 6 years of experience in equities trade support middle office or investment operations at a global asset manager bank or financial institution.
- Proven experience supporting front-to-back workflows and partnering closely with PMs/Traders and downstream operations teams from execution through settlement and reporting.
- Strong understanding of equity and foreign exchange market products and lifecycle events (e.g. cash securities; confirmations netting settlements resets corporate actions and cash flows)
- Hands-on experience with trade management confirmations/settlement reconciliations exception management and operational controls; familiarity with applicable regulatory and client reporting expectations.
- Proficiency in Aladdin and/or comparable OMS/IBOR/ABOR platforms plus market/data tools and post-trade utilities used for confirmations settlement and reconciliations such as DTCC CTM GTSS Alert CLS capabilities etc.
- Strong understanding of global market standards broker/clearing and custodian practices and risk and control frameworks.
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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Expected base pay rates for the role will be between $80000 and $114500 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 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.
Required Experience:
Director
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