Asset Services Corporate Actions Processor - Mumbai, India - Morgan Stanley

Morgan Stanley

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Asset Services Corporate Actions Processor - Associate

Job Number:
3244535

POSTING DATE:
Dec 1, 2023

PRIMARY LOCATION:
Non-Japan Asia-India-India-Mumbai (MSA)

EDUCATION LEVEL:
Bachelor's Degree

JOB:
Other

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Associate

DESCRIPTION

Company Profile

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 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic.

Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile

The Mumbai Asset Services team is responsible for managing the timely and accurate processing of all corporate events that take place across the global FID and equity markets, which affect security positions and entitlements held by our clients and proprietary trading desks.

The group consists of the following teams:
pre-payment, payment & control and claim processing.

The group consists of 23 full time staff plus a vendor team and is part of the Shared Services & Banking Organisation (SSBO) division within Firmwide Operations.

Background on the Team

Primary Responsibilities

Liaising directly with agents and clients to ensure deadlines are researched and processed in an accurate and timely manner for all clients participating in voluntary corporate actions.
Reconciliation of Corporate Actions and Coupons this requires diligence, accuracy and selfmotivation to ensure that risk is controlled and targets are met. Much of the reconciliation work can be complex, of high value and the resolution may require working with other teams and business units to ensure the correct outcome.
Risk monitoring & reporting — Individuals must work closely with their line manager in order to prioritise key risks and identify potential lossmaking breaks.
Liaising with counterparties in order to agree and settle claims on a timely basis.
Communicating with external agents and internal business units — another essential component of the role is dealing with ad hoc requests from a variety of different Business Units across Morgan Stanley, e.g. Client Service Groups, Private Wealth Management and Financial Controllers, as and when they arise.

QUALIFICATIONS

Skills required
Good analytical / reconciliation skills.
Good command of English language (oral and written)
Good time management and attention to detail is essential, as the role is in a high volume, high risk area that works to strict deadlines.
Can work well under pressure, lending control and order to a difficult or pressurised situation
Prepared to work additional hours to meet deadlines and strong time management skills
Strong organisational skills, to be able to use time well and prioritise tasks effectively
Previous experience of Corporate Actions preferable

General comments:

They should be courteous, mature with a pleasant & outgoing personality
They should be flexible and adaptable to change

- "Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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."