Assoc, Professional, P2, Core Services : Job Level - Associate

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.
The update of settlement instructions and creation / maintenance of client accounts processed by a third party vendor in Chennai and Nagpur. The Institutional Reference Data Services (IRDS) Control and Supervisory group are therefore responsible for the business critical function of authorising settlement instruction updates made by the IRDS teams in Vendor Locations. The Standard Settlement Instructions (SSI) are authorised for trades on behalf of various business units across the globe (Chennai, Glasgow, London, Europe, Americas and Asia Pacific). In addition, the team are responsible for quality checking client accounts created and maintained by IRDS Chennai and Nagpur.

The primary focus is to provide support to Fixed Income Derivatives, Fixed Income Settlements, Equity / Fixed Income Cash Client Processing (CCP), Stock Lending, International Prime Brokerage, Prime Brokerage, Cash Management, Collateral, Commodities, Foreign Exchange (FX) and Desk Control in accordance with Key Risk Indicators and Key Performance Indicators as set within Service Level Agreements.
Primary Responsibilities

> Authorizing settlement instructions updated in Agent Bank and SIRIUS.
> Authorizing client account opening and maintenance processed by the vendor team.
> Completion of Firm instruction updates
> Authorizing confirmation updates in FC3
> Quality checking the creation and maintenance of client accounts.
> Risk management through the daily review of priority clients, adhering to benchmarks and Service Level Agreements.
> Escalate potential issues to the team manager.
> Recommend opportunities to increase efficiency / productivity through analyzing resource and system usage, and identifying processing weaknesses.
> Support the team manager in rolling out new initiatives and developments within the team. Skills required


> Education: Industry qualifications i.e. Securities Institute or Bachelors Degree & Tech Savvy

Technical and Professional Knowledge:

- Knowledge of global markets / market regulations is beneficial, although not a necessity.
- Knowledge of Standard settlement instructions , trade life cycle would be beneficial.
- At least 12 months experience in a supervisory/control role
- Securities Institute (or equivalent) qualifications
- An appreciation of 'risk'
- Customer care skills
- Performance management skills

Other Required Skills:

- Good communication skills
- Flexibility and adaptability
- Initiative
- Attention to detail
- Accuracy
- Planning & coordinating
- Responsibility
- Team working
- Professionalism
- Decisiveness
- Self-motivated
- Prioritization and time management
- Client Relationship Management

Skills desired

Technical experience is advantageous, although not essential.
Supervisory experience, in a similar role, although not essential would be preferred - ideally, at least 3 years' experience.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.