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Operations Tokyo, Transaction Reporting, Director
Morgan Stanley
Tokyo, , Japan
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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.
Transaction Reporting team operates in the Operations Risk and Regulatory Control. Team is responsible for creating, verifying and submitting regulatory reports to major Japan regulators such as FSA, MOF, BOJ, JSDA, etc., assessing the impact to those regulatory reports due to market changes and in-house system changes, and implementing necessary changes to the reporting system and procedure so that the Firm will comply with regulations at all time. Within Transaction Reporting, the team also provides oversight to Legal Ledgers across all products. Partnering with Legal and Compliance to learn local regulatory requirements and Technology and Data to understand the system architectures, the team works with other Operations teams to conduct business analysis on any changes or new requirements to regulations that would require change management in the existing operations from front to back. This position mainly focuses on executing the day to day processes such as report creation and submission, identifying, escalating risks/issues and resolving issues with relevant parties, set the governance for Operations regulatory reporting and supporting career development of staff members.
Responsibilities:
• Create reports and submit to regulators
• Work together with Legal and Compliance to understand the rules and interpretation
• Partner with product operations to understand booking flow as well as assess impact for new business, products and regulations
• Maintain and update procedures manuals and all other risk control documents
• Work together with project team to move reports to renovated platform from legacy platform
• Document business requirements.
• Escalate and mitigate risks associated with the Regulatory Reporting process
• Identify areas for process improvement to improve the control and efficiency of the process
• Deliver quality service and solutions to their evolving business requirements
• Work and contribute as a team
• Set the agenda and drive the discussion
• Provide the feedback to subordinate and help develop their career
• Understand the team capacity and risk area and manage those using metrics
Qualifications
Skill Required:
• Excellent verbal and written communication abilities in English and Japanese
• Self-motivated with positive working attitude
• Work and contribute as a team
• Good communication skills, able to interact and communicate effectively across cultural and hierarchical lines within the Firm
• Ability to identify problems as they arise and understand when they need to be escalated
• Adaptable and flexible to changes and new challenges
• Keen to learn new skill sets and does so quickly
• Proficiency in Microsoft Office (Excel, Word, and PowerPoint)
Skills Desired:
• Knowledge of Japan regulations (FIEL), Japan regulatory reporting and legal ledger.
• Product knowledge and middle office experience
• Technology related project experience