Operations Associate - Fixed Income Cash Trade Support

Morgan Stanley; Greater London; In loco; GBP 45.000 - 65.000; Tempo pieno

Descrizione del lavoro

Morgan Stanley in London is seeking an Associate to join the Fixed Income Cash Trade Support team within Trading Operations. The role supports EMEA desks across Investment Grade, High Yield & Distressed, European Commercial Paper, Emerging Markets, Structured Products, EU Government Bonds and Agency products, including listed futures and options.

You will verify trades within 15 minutes, monitor live books, resolve settlement issues, and support market events and regulatory reporting.

Competenze

• General knowledge of Fixed Income products is preferable but not essential.
• Strong communication skills, both oral and written.
• Task oriented and inquisitive; able to deliver items on time.
• Ability to challenge processes and issues.
• Ability to generate innovative ideas and drive solutions.
• Able to prioritise a high volume of work in real time environment.
• Strong risk awareness and escalation.
• Good IT skills with Microsoft Office, particularly Excel.

Mansioni

• Ensure timely and accurate affirmation of trades within 15 minutes and liaise with internal/external stakeholders.
• Monitor trader books in a live environment to ensure positions/risk are captured at execution.
• Act as liaison with various teams and resolve issues; escalate as needed.
• Own and resolve settlement fails and queries.
• Support traders with market/lifecycle events and regulatory/compliance queries.
• Deliver regulatory reporting and strengthen risk controls across the desk.

Conoscenze

Fixed income knowledge

Communication skills

Numeracy

Excel

Descrizione del lavoro

The Fixed Income Cash Trade Support team is part of the firms Trading Operations division and provides direct support to a number of the firms EMEA trading desks: Investment Grade; High Yield & Distressed; European Commercial Paper; Emerging Markets, Structured Products, EU Govt Bonds and Agency products.

This is an Associate level position based in the London location.

In addition the team support Listed futures, options and other products as required for these desks, in multiple trader risk systems.

The Primary functions of the team include:

• Ensuring the timely and accurate affirmation of all trades within 15 minutes, contacting internal and external stakeholders/brokers where necessary
• Monitoring trader’s books in a live environment, to ensure positions and risk are correctly captured at the point of execution
• Liaising with the BU on an ad-hoc basis to identify and resolve issues, provide trade information, and act as liaison point with various other teams within the Firm.
• Maintaining responsibility for risk management within the team through driving break investigation, resolution and timely escalation.
• Owning and resolving any settlement fails and queries.
• Supporting the traders with market/product life cycle events such as corporate actions and maturing positions.
• Maintaining, developing and improving current processes & procedures. Supporting the desk through NPA’s, system enhancements and regulatory or compliance queries.
• Delivering Primary Dealer and regulatory reporting Control
• Support a strong control & risk management environment.
• Ensure all risks, issues and control gaps are escalated appropriately as per daily procedures ensuring accountability is maintained until resolution.
• Help drive efficiencies and change to improve the teams control framework

Commercial

• Ensure best practice is implemented as part of the Team’s daily processing requirement.
• Help implement the department strategy working alongside the local and global teams and Senior Management.
• Support the BU with new product/trade requests

Primary Responsibilities

• A general knowledge of Fixed Income products and how they are traded is preferable but not essential
• Strong communication skills both oral and written are essential, as the successful candidate will be dealing with senior management and our partners across the various divisions of the firm
• Task orientated, inquisitive in nature, the successful candidate will be required to ensure production items and projects are delivered on time.
• Ability to challenge the processes and issues owned by the team.
• Ability to generate innovative ideas and proactively drive forward solutions
• The ability to effectively prioritise a high volume of work in a real-time environment
• Strong risk awareness and the ability to elevate issues appropriately
• Good level of numeracy to aid in the quick identification and resolution of cash flow discrepancies
• Able to identify and support the resolution of ambiguous problems through initiative and tenacity
• Good IT skills and proficiency with Microsoft Office applications (particularly Excel)

Personal Competencies

• The ability to remain calm, confident and capable of communicating to a varied and often very senior audience, clearly and concisely in a pressurised environment
• Ability to focus on the detail and maintain accuracy in a pressurised environment
• Excellent organizational and prioritization skills.
• Excellent communication skills
• Ability to develop and maintain relationships with stakeholders and other operational groups

WHAT YOU CAN EXPECT FROM MORGAN STANLEY

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what’s best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.