[New Job Vacancy] Associate – Settlements Fixed Income job in Morgan Stanley, (Mumbai, Maharashtra) – Jobs in Mumbai, Maharashtra
Are you searching for a Perfect job or looking for new opportunity then this site is the best choice for you to search your dream Job. Job Opening details:- Company Name :- Morgan Stanley Position Name :- Associate – Settlements Fixed Income Company Location :- Mumbai, Maharashtra Job Category : General Category Full Job Description :- Associate – Settlements Fixed Income Job Number: 3201601 POSTING DATE: Mar 23, 2022 PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA) EDUCATION LEVEL: Bachelor’s Degree JOB: Other EMPLOYMENT TYPE: Full Time JOB LEVEL: Associate DESCRIPTION Company Profile 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. Department Profile Shared Service Banking operations (SSBO) provide utility processing services to Global Operations. By functionalizing processes across segments, SSBO realizes efficiencies through scale, location strategy and adoption of best practices. SSBO provides quality operational core processes at an optimal price point, with maximum benefit to MS business lines. Services currently provided by SSBO include Cash Management, Cash Derivatives and Security Settlements, Position Services, Reconciliations, Tax, Client Reference Data; AML Client & Transaction screening, Network Management and Vendor Management. Cash Settlements is a global team with footprints in Mumbai, Glasgow & Baltimore. Background on the Team The Cash Settlements team is responsible for the accurate and timely settlement of all OTC Derivative, Foreign Exchange and Commodities cash flows to and from the firm’s clients, counterparties and custodians. Additionally, the group performs post settlement reconciliation, fail and break resolution and client support functions. The position requires daily interaction with various clients and broker dealers globally, in addition to Morgan Stanley sales and trading desks, Trade Support, Finance, other Operations groups, and technology teams. Cash Settlements is divided into several teams by product and function. This offers the successful candidate the opportunity to learn the intricacies of a variety of complex products and functions within the larger Settlements team. Each team is responsible for controlling risk by managing relationships with clients and counterparties to ensure that high risk settlements are settled in a timely manner and any post-settlement issues or discrepancies are identified, escalated appropriately and resolved. Primary Responsibilities The successful candidate will responsible for Settlement related functions within the wider Cash Settlements team. The successful candidate is expected to become a Subject Matter Expert in their function and provide support to the Associate group. Work on day to day Cash Settlements functions (Equities) Ensuring timely settlement of cash flows and Investigation and resolution of fails Analysis of current processes and identification of process/system to increase efficiencies Attention to detail and accuracy Metrics reporting using Excel. Escalation point for issues and discrepancies with external and internal counterparties Ensure timely settlement of cash flows and resolution of fails Subject Matter expert for function and product covered within the group Ability to think out of the box and work on identification of process/system to increase efficiencies Client and Business Unit relationship management Participation in industry forums where applicable QUALIFICATIONS Skills required (essential) Experience within a Settlements or applicable product related role Bachelor’s Degree Strong analytical, organizational, and verbal and written communication skills Proven ability to work efficiently and accurately under pressure in a fast paced-multi tasking environment Proactive and self-motivated Strong Microsoft Excel and Word skills Flexible working in Shift (Asia or EMEA) Proactive and self-motivated Skills desired 0-3 years of experience within Settlement operations Strong IT skills and proficiency with Microsoft Office applications (particularly Excel) Strong product knowledge (Equity) Morgan Stanley is an equal opportunities employer. 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