Associate - Trade Transaction & Reporting - Run The - Bengaluru, India - Morgan Stanley

Morgan Stanley

Verified Company

Bengaluru, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Associate - Trade Transaction & Reporting - Run the Bank (Operations)

Job Number:
3235203

POSTING DATE:
Apr 10, 2023

PRIMARY LOCATION:
Non-Japan Asia-India-Karnataka-Bengaluru

EDUCATION LEVEL:
Bachelor's Degree

JOB:
Other

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Associate

DESCRIPTION
Trade & Transaction Reporting - Associate

Division:
Operations/ Trade &

Transaction Reporting Operations Job Title:
Associate

Location:

Bangalore Operations Title:
Ops Specialist

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.

Division Profile

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions.

Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

Institutional Securities Group (ISG) Product Operations encompasses four functionally aligned organization, Trading & Client Operations, Clearing Operations, Financing & Collateral Operations, and Trade & Transaction Reporting.

The broad organization partners closely with Sales and Trading to develop and implement new products and services as well as drive efficiency and reduce risk in our processes.

At all times we are focused on delivering quality service to clients both internal and external.

ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected 'front to back' view of operations to ISG Sales and Trading.

Background on the Team
Trade & Transaction Reporting Operations (TTRO) delivers the appropriate diligence and governance over the Firm's global transaction reporting obligations. TTRO is charged with ensuring the completeness, accuracy and timeliness of the Firm's trade and transaction reporting and is comprised of teams in London, New York, Hong Kong, Glasgow and Mumbai, supported by a selection of vendors and third party service providers.

As the Centre of Excellence for Transaction Reporting, TTRO are engaged in the development of platforms and processes supporting upcoming regulatory change in a high focus, rapidly evolving environment.

Supporting a broad stakeholder base, TTRO liaise with various internal and external counterparties daily, including other Operations teams, Sales and Trading, Non-Market Risk leads, Legal and Compliance teams, Information Technology, trade organisations such as ISDA, AFME and FIA, and Industry utilities such as DTCC and UnaVista.

The criticality of the function ensures senior management engagement and secures a high profile for those in the team.

Primary Responsibilities

A line Professional Operations Specialist executes Operations processes and/or supports process management and project efforts.
There is also a requirement to centrally coordinate, manage and control this process across vendor and other geographical locations to ensure regulatory reporting exceptions are managed effectively on a daily basis.
Given the ever changing regulatory landscape; technology priorities are aligned to areas of maximum exposure and Operations are receiving the necessary rule guidance and interpretation from Compliance to support new and existing requirements effectively.
Ensure Compliance Courses and Policies are completed on a timely basis.
Be responsible for the accurate and timely reporting of trade and transactions; highlighting analysing and remediating regulatory reporting issues.
Be responsible for coordinating across multiple stakeholders such as Technology, Client Relationship Managers, Trade Support Groups (TSG) and Compliance, to undertake the appropriate remediation steps to resolve reporting issues.
Analyses and exposes ambiguous or complex issues, identifies root causes, and proposes future actions.
Ensure timely escalation of any issues to Operations Management, Compliance and IT where appropriate.
Take ownership for and follow through to conclusion on any issues or questions submitted by Operations teams seeking gu