Immediate Require Associate - Equity Cash Trade Support Group

Job Description

*Division: ISG Product Operations Job Title: Equity Trade Support Group Location: Mumbai (India) Job Level: Associate 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 Firms 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. Background on the Team Morgan Stanley Institutional Operations established a global equity trade support team in Mumbai, in 2009. Approximately 35 functions were transferred from the Institutional Equity Division*s trade support groups in New York, Baltimore, London, Glasgow, Hong Kong, Sydney and Tokyo. The product scope includes primarily cash equities and also other products that are traded by equity trading desks around the world, including FX, listed derivatives, principal investments, bonds, loans, commodities, ETFs, swaps and derivatives. The supported trading desks include equity sector/core, electronic trading, program trading, emerging markets, and several Firm trading desks (internal hedge funds). Core functions transferred to the Mumbai team includes: * Trade processing exceptions * Certain trade booking / amendments * Position (trading account) reconciliation * Position break flagging and categorization * Settlement fails monitoring * P&L break research * Reference data maintenance * Business process improvement * This is a great opportunity for highly talented and ambitious professionals to be part of the creation of the team. We expect the team to meet and exceed the exacting standards for risk management, controls, and people management. The role requires very strong focus on risk, training, and people development, while offering great opportunities for personal learning and career growth. An associate should have about 3 to 4 years* experience in a similar set up and have sound knowledge of capital markets operations. * An absolute focus on risk controls. The teams will be responsible for reconciling and accurately representing traders* positions. The tolerance for error or delay is very low to zero. * Hire and train the best people we can find in the market * Ensure timely, accurate, and complete communications between the Mumbai team and trade support groups and other operations/finance/IT/business teams in the various offices * Learn Morgan Stanley*s businesses, organization, procedures, controls, systems, and staff management practices, as rapidly and thoroughly as possible * Improve business processes to strengthen controls, communications, and improve efficiency, ** Experience with institutional equity trade support or settlements, preferably from a major global institution * Product and operational knowledge in global cash equities (primarily), corporate actions, FX, listed derivatives, commodities, bonds, loans, swaps, derivatives, principal investments * Risk awareness, willingness and propensity to probe, question, and escalate * Process documentation * Excellent communication skills including fluent spoken and written English required * High computer literacy required, moderate to high expertise with Excel (including creating macros) desired * Organizational skills * Excellent attention to detail, problem solving skills and excellent judgment * Takes ownership of issues is methodical and ensures resolution * Has proven ability to interact with multiple internal and external functions Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.

Keyskills :
problem solvingprogram tradingcapital markets