Associate - Trade Support (Operations) - Bengaluru, India - Morgan Stanley

Morgan Stanley
Morgan Stanley
Verified Company
Bengaluru, India

1 month ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description
Associate - Trade Support (Operations)


Job Number:
3240062


POSTING DATE:
Aug 8, 2023


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


EDUCATION LEVEL:
Bachelor's Degree


JOB:
Other


EMPLOYMENT TYPE:
Full Time


JOB LEVEL:
Associate


DESCRIPTION
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

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


THE DEPARTMENT
As part of a department transition from Singapore to Bangalore this middle office opportunity sits within the International Wealth Management IWM Asia Operations team based in Bangalore an IWM Operations hub with a growing presence year on year IWM Operations has a strong presence in Bangalore Hong Kong Australia and Singapore

IWM Operations support the IWM business unit located in Hong Kong Singapore and Australia IWM 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 IWM business unit answering via phone any ad hoc 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 re engineering to streamline improve existing processes Active involvement in project work

Ensure compliance adherence with Service Level Agreements


QUALIFICATIONS
At least 2 or 6 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 IWM business unit

Superb attention to detail accuracy and quality with mathematical skills PnL calculations

Strong time management and task prioritisation 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 self-starter 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 self-starter characteristics

Innovation and continuous improvements:
mind-set 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 self-motivated

Result focused mindset
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