Derivative Trade Support_Director_Product Support & Services IM (US Shift)

Morgan Stanley

  • India
  • Permanent
  • Full-time
  • 3 days ago
We’re seeking someone to join our team as a Director / Derivative Trade Support specialist in the Derivatives Trade Support team of MSIM (Morgan Stanley Investment Management) group to oversee daily derivative trade processing which includes timely trade affirmation and trade notification for a variety of derivative instruments including futures, options, credit derivatives, interest rate swaps and equity swaps while serving as a main contact point for the Equity and Fixed Income traders.In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Specialist position within the Product Support & Services group, which is responsible for providing transaction support and managing post execution processes.Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.What you'll do in the role:
  • Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/change.
  • Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues.
  • Coordinate work, train and develop other team members where required, including task allocation, and project contribution.
  • As an individual contributor perform daily functional responsibilities focused on derivative trade processing, block trade allocation communication, trade affirmation, trade confirmation and trade notification.
  • Liaise with Fixed Income and Equity traders to resolve derivative trade discrepancies.
  • Reconcile positions and market values for Swaps, Options, and Forward FXs with counterparties and fund accountants.
  • Escalate material breaks or breaks which could lead to a NAV error or incorrect valuation to relevant stakeholders.
  • Provide standard and ad-hoc reporting to the Derivatives teams in Europe and North America.
What you'll bring to the role
  • Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels.
  • Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team.
  • Ability to operate independently across the majority of day-to-day responsibilities.
  • Culture carrier across Operations, embracing the Firm's core values and acting as a role model.
  • 8+ Years of experience with minimum of 6 years’ experience in Trade Support Middle office.
  • The candidate should possess a strong knowledge and experience of Derivatives in ETD as well as OTC products preferably but not limited to Rates, Credit, Options, FX-Option/Forward, NDF and ability to understand complex financial products, system, flows.
  • Experience in Middle Office environment.
  • Deep understanding of investment bank products with high level of accuracy, attention to detail, and good organization skills.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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 opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. 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. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Morgan Stanley