This job has expired, please see additional jobs below
Operations HK, Equity Swap Trade Support, Director
Morgan Stanley
Hong Kong, , Hong Kong
Job Details - this job has expired, please see similar jobs below
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.
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.
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.
An opportunity has arisen in the Equity Swap Trade Support Team. The group supports the Delta One Structured Products Business Unit and is responsible for managing the creation, events, exercise and expiry of equity swap products. In addition the team play a central role in facilitating and supporting new business and market initiatives. We are looking for a resourceful and dedicated Associate who will embrace change and participate in process reviews and systems development initiatives. The individual must be extremely control focused and pro-active in strategically resolving issues raised by operations, the BU or other downstream functional areas.
The Associate will be responsible for the following:
• Supporting the allocation process for the Swap products on a T0 and T+1 basis.
• Management of the Corporate Action process for equity swap products and their related hedges.
• Resolution of trade and settlement fails.
• Identification of process improvements, both strategic and tactical.
• Validating trade input by the desk and escalating issues appropriately.
• Legal and Compliance Issues.
• Involvement in Performing New Product Due Diligence.
• Liaising with the Business Unit and New Product groups.
• Overseeing the trade review processes within the ESTS remit.
• Operational Risk Reconciliation.
• Identifying and mitigating control gaps. Popularizing issues globally in order to ensure consistency.
• Production and validation of regulatory reporting including SEBI report.
Qualifications
Requirements:
• 4-6 years of experiences in a Trade Support function in an investment bank.
• Familiarity with the Life of Trade concept.
• Understanding of the fundamentals of equity swap products.
• Understanding of Settlement process and systems.
• Experience of Asian Markets.
• Ability to adapt existing skills in a new environment.
• Ability to think laterally, and recognize opportunities for system/process improvement.
• Ability to understand issues and move projects forward.
• Good communication/relationship building skills and strong organizational ability.
• Excellent understanding of the control environment and the ability to escalate issues promptly.
• The ability to work under pressure in a constantly changing environment.
• Good problem solving skills.