Financing Operations Associate

Job Number:

3233761

POSTING DATE: Apr 21, 2023

PRIMARY LOCATION: Americas-United States of America-Maryland-Baltimore

EDUCATION LEVEL: Bachelor's Degree

JOB: Other

EMPLOYMENT TYPE: Full Time

JOB LEVEL: Associate

DESCRIPTION

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.

FID Financing Operations is the global support organization for Client Financing, Bank Resource Management (BRM), and Structured Product Group repurchase agreement (repo) business activity.

Responsibilities:

• A line representative executes Operations processes and/or supports process management and project efforts. This individual may be part of a team of specialists operating within a region and for a particular product.
• Demonstrates a detailed knowledge of the processes, projects, systems, markets and instruments that influence their team.
• Analyzes and exposes ambiguous or complex issues, identifies root causes and proposes future actions.
• Ensures Compliance Courses and Policies are completed on a timely basis.
• May be required to build and manage relationships on a day-to-day level with Business Unit partners, other Morgan Stanley infrastructure departments, and external contact points in Client organizations.
• Perform day-to-day margining to ensure that margin calculation is in accordance with the policies set
• Issuance of margin calls and monitor their status
• Preparation of collateral movements
• Management and customer reporting
• Perform various control activities to ensure that the exposures are properly captured and monitored in the systems
• Respond to inquiries from sales / sales assistants on collateral activities and resolve complex problems
• Participate in global initiatives and projects to improve existing controls and streamline the margin calculation process

QUALIFICATIONS

• The ability to handle multiple work streams and prioritize effectively.
• You actively look for new opportunities for self development and career progression.
• Show dedication to learn from experience and mistakes; actively seek out feedback and adjust behavior accordingly.
• Awareness of the long term impact of regulatory environment and market changes on the business. You make plans where appropriate to adapt control processes and procedures.
• You can identify the right levels of control and measures required, building a strong yet flexible workflow.
• Actively ensure existence of mitigating controls and take personal responsibility for enhancing processes.
• Combine clear and appropriate escalation with suggestions on appropriate risk reduction strategies.
• You consistently exceed expectations and respond actively and positively to changing circumstances.
• 0-3 years of relevant working experience; Bachelor's degree required
• Good understanding of financial products, including equity/fixed income OTC derivative, FX products and basic knowledge of ISDA/CSA is a bonus.
• Ability to work under pressure
• Attention to detail
• Escalation Awareness: ability to assess risk and exposure issues
• Ability to work with external clients to enhance the client experience
• Knowledge of Microsoft Office with a focus on Excel