Operations Director (AVP) - Trade and Transaction Reporting

PowerToFly; Glasgow; On-site; GBP 90,000 - 120,000; Full time

Job summary

A global financial services firm in Glasgow is seeking a Director for Trade and Transaction Reporting Operations. The successful candidate will manage workflow for automated testing across various regulatory frameworks. Responsibilities include data analysis and visualizations using tools such as PowerBI and SQL. Candidates should have strong expertise in transaction reporting regimes, communication skills, and experience in leading geographically diverse teams. This role offers flexibility and a commitment to diversity and inclusion.

Benefits

Flexible working arrangements

Comprehensive employee benefits

Opportunities for internal mobility

Qualifications

• Knowledge of Transaction Reporting Regimes like MiFID, EMIR.
• Preferred knowledge of Securities and Derivative Products.
• Experience with data analytics tools is preferred.

Responsibilities

• Manage workflow and book of work for fully automated diagnostic tests.
• Perform data analysis & visualizations using data science tools.
• Coordinate across multiple stakeholders to resolve reporting issues.

Skills

Transaction Reporting Knowledge

Data Analytics Tools

MS Excel

Problem Solving

Communication Skills

Tools

PowerBI

SQL

Python

Job description

This Director (AVP) level role is within Trade and Transaction Reporting Operations (TTRO)'s Diagnostic Testing Team, who are responsible for building data driven and fully automated controls in firm's technology systems. These tests are key control to measure the accuracy and completeness of Morgan Stanley's transaction reporting submissions.

In addition, the team is developing data analytics and visualization tools, using PowerBI, Tableau, SQL and Python - giving the accurate, timely and data driven insight to the senior management. There is also a requirement to centrally coordinate, manage and control this process across vendor and other geographical locations to ensure regulatory reporting exceptions are managed effectively. Given the ever‑changing regulatory landscape, technology priorities are aligned to areas of maximum exposure and Operations are receiving the necessary rule guidance and interpretation from Compliance to support new and existing requirements effectively.

What will you be doing?

• Manage a workflow and book of work for F2B Tests as well as the fully automated diagnostic tests across multiple regulatory regimes covering EMEA (MiFID, EMIR, SFTR), US (SEC, CFTC) and APAC (HKMA, ASIC, MAS, JFSA) transaction reporting.
• Perform data analysis & visualizations using data science tools (PowerBI, QlikView, SQL, MS Excel) to evidence the reporting trends.
• Manage the diagnostic rule coding book of work to ensure fully automated rules are coded and executed in firm testing engine (PanDQ).
• Manage the Issue management (observations) book of work – and present the potential transaction reporting issues to TTRO and Compliance stakeholders.
• Manage the Industry working group process flow and drive firm's agenda on industry forums (ISDA, FIA etc) and maintains a good understanding of upcoming regulatory reporting rules.
• Act as a first escalation point and provide guidance and coaching to the team around transaction reporting queries.
• Be responsible for coordinating across multiple stakeholders such as RTB, Technology, Trade Support Groups (TSG), to undertake the appropriate remediation steps to resolve reporting issues seen in the Diagnostic Testing.
• Work as part of the team to review controls within the process to ensure procedures and process maps are reviewed regularly kept up to date on firm's policy portal.
• Liaise with multiple Operations line teams to provide guidance and support for transaction reporting.
• Responsible for maintaining team's skills matrix (Depth Charts) and training plans – and assist with the delivery of training on the transaction reporting systems and processes.
• Take ownership for and follow through to conclusion on any issues or questions submitted to Diagnostic Testing team.

What we're looking for:

• Knowledge of Transaction Reporting Regimes (e.g., MiFID, EMIR etc).
• Knowledge of Securities and Derivative Products preferable. Including Listed Derivatives, FX, Commodities, Equity, Credit and Interest Rates.
• Working knowledge & experience of data analytics tool such as PowerBI, SQL, Python is preferred.
• Strong proficiency in MS Excel & PowerPoint.
• Ability to work independently as well as part of a team, including interfacing across all levels and with Vendors.
• Strong verbal and written communication skills.
• Strong analytical and problem solving skills.
• Ability to partner with colleagues across functions and lead effectively across geographical boundaries.
• Strong functional knowledge of Operations and trade lifecycle preferable.

What you can expect from Morgan Stanley:

We are committed to maintaining the first‑class service and high standard of excellence that have defined Morgan Stanley for over 89 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 opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.