Fixed Income Division - Associate/Senior Associate, Rates Sales Assistant (Mumbai)

Morgan Stanley; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Morgan Stanley in Mumbai is seeking a Sales Assistant to provide front-office support to the NY Rates Sales desk. You will handle trade booking and processing for interest rate derivatives, coordinate with the NY team, and communicate clearly under time pressure in a fast-paced environment.

The role requires prior experience in sales or trading support for interest rate derivatives, with familiarity in OTC settlements and trade confirmations considered a plus.

Qualifications

• Experience in a sales or trading support role for Interest Rate Derivatives.
• Experience in OTC Derivative trade capture and trade booking.
• Familiarity with Derivatives settlements, confirmations or OTC clearing (DTCC/Markitwire) is a plus.

Responsibilities

• Support the NY Interest Rate Sales desk with front-office procedures.
• Handle trade booking & processing for interest rate swaps, swaptions and cash trades; resolve disputes with trading and operations teams.
• Coordinate with NY team to work in NY market hours and communicate clearly under time pressure.

Skills

Attention to detail

Communication skills

Stress management

Self-motivated

Tools

Excel / VBA

Job 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.

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

The Fixed Income Division is comprised of Interest Rate, Currency Products, Commodities, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, derivatives, lending and repo products, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets.

Background on the Team

As part of the Fixed Income Division, the Sales Assistant is responsible for working with and supporting the NY Rates Sales desk from Mumbai. Sales Assistant provides high-quality front-office support to Rates Sales desks across OTC interest-rate derivatives, Bonds and hybrid products.

Primary Responsibilities

• This role directly supports the NY Interest Rate Sales desk.
• The role includes trade booking & processing for interest rate swaps, swaptions and cash trades as well as identifying amendments with the trading desk, resolving disputes with downstream operational teams and systems, and liaising with trade settlement and confirmation teams when needed.
• Candidate will work very closely with the team in NY and must be able to work in NY market hours.
• The candidate should be a clear communicator who works well under time pressure, can manage multiple priorities and is comfortable raising issues for escalation.

Qualifications And Experience

Candidate must have previous experience in a sales or trading support role for Interest Rate Derivatives. Experience required in OTC Derivative trade capture and trade booking. Familiarity with Derivatives settlements, confirmations or OTC clearing, DTCC or Markitwire is a plus

Skills Required

• Extremely diligent with strong attention to detail
• Ability to handle stress and pressure of fast markets
• Must be self-motivated, confident and possess excellent communication skills
• Established understanding of derivative product mechanics
• Excel / VBA for spreadsheet analysis work

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.

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

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.

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