Job description
Fixed Income Trading Operations Vice President
Job Number:
3231636
POSTING DATE: Mar 14, 2023
PRIMARY LOCATION: Americas-United States of America-New York-New York
EDUCATION LEVEL: Bachelor's Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President
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.
The role is to manage a Trade Support (TSG), part of the larger Trading Operations. The role is to cover Vanilla and structured Rates OTC activity and/or Government Bonds. It is a fantastic opportunity for someone to be exposed to a very steep learning curve and gives all individuals the opportunity to develop a meaningful career within Operations.
Primary Responsibilities
- Partnering closely with the Trading and Sales to provide the first level of control and escalation
- Responsible in ensuring that the trade bookings are correctly reflected in the trading risk systems and tie out with the Counterparty
- Ensuring that all trades are booked and confirmed as intended by checking the Trading system verses internal MS systems, liaising with Trading, Sales, Brokers or the Counterparty directly
- Intermediary between the Trading desk and other areas of the Bank. Controllers, Settlements and Confirmations areas will escalate to you to resolve issues to ensure that breaks are resolved effectively
- Responsible for ensuring current controls are followed, manage critical projects or process improvements with IT and Projects Groups
- Analyze and break down ambiguous or complex issues into concrete deliverables and takes responsibility for ensuring deliverables are met
- Provide regular training and career advice to the team
- Set the strategic direction of the team and ensure it fits with the global FID TSG priorities
QUALIFICATIONS
- Bachelor's degree or equivalent required
- 7 + years of experience in the financial industry
- Strong risk management and control mindset
- Individual needs to be performance-driven, proactive, with proven ability to take on challenges, set and execute agenda. Candidate should be a dynamic self-starter with the ability to work either on their own initiative as well as be a solid team player with strong problem solving skills
- Ability to evaluate and identify areas of risk across the organization. Identify and implement best practices and in some cases help shape the risk and project agenda
- A willingness to engage in a wide range of issues at all levels of detail will be vital
- Ability to multi-task, prioritize and be flexible to changing priorities and demonstrate good organizational skills
- Ability to communicate effectively and confidently across all levels. Ability to confidently face off to senior management across divisions
- Good interpersonal skills to build cross-divisional relationships; gain support and respect from key stakeholders (Business Unit, Operations, FCG , Legal & Compliance)
- Good project and modeling skills to represent information in graphical forms that enhance decision-making and communications
- Ability to multi-task in a high intensity environment
- Ability to deliver on plans, complete next steps and resolve issues in a timely manner
- Proficiency in Excel
Expected base pay rates for the role will be between 100000 and 175000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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