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Job Opening details:-
Company Name :- Morgan Stanley
Position Name :-
Company Location :- Bengaluru, Karnataka
Job Category : General jobs
Full Job Description :-
Associate – Derivative Clearing Operations
Job Number: 3197860
POSTING DATE: Jan 25, 2022
PRIMARY LOCATION: Non-Japan Asia-India-Karnataka-Bengaluru
EDUCATION LEVEL: Bachelor’s Degree
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
Morgan Stanley transacts exchange-traded Listed contracts globally, with trading locations in Europe, North America and Asia. Listed Derivatives Trade Support Group (TSG) supports three regions, with the main teams located in Baltimore, Glasgow, India, Korea, Taiwan and Singapore.
The TSG Group is responsible to ensure all contracts traded on exchange are booked to the relevant client / firm accounts. Positions are accurately captured and fully reconciled against exchanges on trade date across markets located in these regions. Trade Support scope includes exchange, broker, inter company and internal account relationships. The function will also continue to evolve, because of the ongoing technology strategy in order to provide a scalable automated processing model.
The primarily function within the team is the completion of daily tasks, including (but not limited to):
Capturing and allocating business which is executed by external brokers and Give In to Morgan StanleyTrades that are executed by Morgan Stanley and give Up (Execution only business) to external brokers.Monitor matching systems and ensure that all flow matches or clears internally. Any trades that remain unmatched are escalated to the relevant Trading Desk / Traders Assistant throughout the day via phone calls or emails.Be a change agent and drive the direction of the group strategically by improving the efficiency and control aspects of Clearing, Reconciliation and Control functionsProactively explore solutions to close control gaps and ensure adherence to existing control framework; regular review and understanding of procedures, checklists and reports to ensure they are accurate and currentEnsure the completion and delivery of all business unit and client requirements associated with timely updates of Fee and commission schedules and related queries.Champion the operational changes required to implement processes to satisfy Local and Global regulatory changes.Partner closely with Technology, Risk and Change Management teams
COMPETENCIES REQUIRED FOR THE ROLE
COMMERCIAL/ BUSINESS ORIENTATION
The team works a split shift system. Therefore, flexibility on start/finish times will be required.After the initial training period, the successful individual will expect to work independently and proactively with minimal management supervision.Candidate should be a confident, well-rounded methodical person with good analytical skillsGood relationship building skillsTask orientated, inquisitive in nature and have an appetite to learn
Knowledge of listed derivatives Trade Support Group functions (or at least the concept of TSG functions) is an advantage.The individual will be expected to learn quickly to acquire the required technical/product knowledge.
– Pays attention to detail – demonstrates excellent attention to detail when analyzing or interpreting data.
– Comprehends and reasons – Displays well developed ability to comprehend, reason and process complex data.
– Breaks down problems – into smaller, more manageable parts.
– Team player skills – to balance and prioritize between day-to-day activities; Works effectively in teams and broader networks to deliver results
Strong PC /Advanced MS Excel skills,Strong communication / networking skills to interact with both internal / external partiesProactively escalates breaks and risk issues.Understand and adapt to Regulatory and Industry change
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