Associate - Trade Support (Operations) - Bengaluru, Karnataka, India - Morgan Stanley
Description
Associate - Trade Support (Operations)Job Number:
3249545
POSTING DATE:
Apr 9, 2024
PRIMARY LOCATION:
Non-Japan Asia-India-Karnataka-Bengaluru
EDUCATION LEVEL:
Bachelor's Degree
JOB:
Other
EMPLOYMENT TYPE:
Full Time
JOB LEVEL:
Associate
DESCRIPTION
- THE DEPARTMENT
As part of a department transition from Singapore to Bangalore, this middle office opportunity sits within the Private Wealth Management (PWM) Asia Operations team based in Bangalore, an PWM Operations hub with a growing presence year-on-year.
PWM Operations has a strong presence in Bangalore, Hong Kong, Australia, and SingaporePWM Operations support the PWM business unit located in Hong Kong, Singapore, and Australia.
PWM is a Morgan Stanley private banking business centered on providing investment/banking solutions to its Ultra High Net Worth client base.
TEAM PROFILE
Primary responsibilities include, but are not limited to:
- Monitoring trading systems and booking trades on a TD basis
- Perform daily reconciliation and clearance of positions/balances breaks, timely escalate to supervisor on any outstanding breaks by day end.
- Daily interaction with the Sales & Trading Desks and PWM business unit answering via phone any adhoc requests/trade related questions
- Ensure that colleagues are adequately cross trained to cover planned or unplanned absence.
- Escalation and thorough documentation of all issues / breaks to Supervisor / Manager.
- Actively embrace process reengineering to streamline / improve existing processes. Active involvement in project work.
- Ensure compliance / adherence with Service Level Agreements.
QUALIFICATIONS
- At least 48 years' experience (depending on role grade) in the financial services sector such as a middle office / trade support role. Relevant experience in cash equity, fixed income, mutual funds, hedge funds, structured notes/derivatives products will be an added advantage.
- Excellent verbal and written communication abilities. The role will require daily phone calls with traders and PWM business unit.
- Superb attention to detail, accuracy & quality, with mathematical skills (PnL calculations)#
- Strong time management and task prioritization skills. Ability to work Hong Kong hours to ensure all deliverables are performed within required timescales before day end.
- Focus on risk guardianship, ensuring that issues are identified, escalated, resolved and reported on a timely basis
- Passion, energy and enthusiasm. Is a selfstarter who takes individual ownership for work quality and improvement.
- Ability to work well under pressure and time criticality tasks considering the T+0 nature of the transactions
- Ability to absorb information and learns quickly whilst displaying selfstarter characteristics.
- Innovation and continuous improvements: mindset to challenge the existing processes and status quo.
- Required strong proficiency in Microsoft Excel (including formulas and managing large scale data)
- Attention to details
- Work independently
- Proactive and selfmotivated
- Resultfocused mindset
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.
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