VP, Team Manager, P4, Core Services : Job Level - Vice President

Morgan Stanley; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Morgan Stanley in Mumbai seeks a Vice President to lead the Cash Management and payments team within Core Services. You will manage staff, set strategy, and coordinate with Front/Middle Office to optimize liquidity and control processes.

You are expected to become SME, forecast currencies, manage counterparty exposure, and support non-STP payments while upholding AML checks. The role requires strong leadership and client service mindset in a global firm.

Qualifications

• Experience leading Cash Management and payments teams.
• Ability to manage budgets and risk.
• 6+ years of relevant experience.
• Strong client relationship skills.
• Expertise in AML checks for payments.

Responsibilities

• Develop staff, lead projects and deploy resources.
• Set direction and training plans for teams.
• Contribute to business plans and risk contingencies.
• Build relationships with business units and infrastructure.
• Lead Cash Management and payments team in Mumbai.
• Forecast and fund currencies for Corporate Treasury.
• Screen AML checks for payments.
• Collaborate with Front/Middle Office on requirements.

Skills

Relationship building

Commercial thinking

Team leadership

Operational risk

Cross-functional

Attention to detail

Stakeholder management

Job description

We’re seeking someone to join our team as a Vice President into Core Services to lead a team of individuals covering Cash Management and payments related functions.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Manager position at Vice President level within the within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

• Develop staff, lead projects and control deployment of resources, owning management tools/methods such as work queues, checklists, depth charts and calendars
• Set direction and expectations for your team(s), defining training plans and transfer of expert knowledge to contribute to team output and development
• Contribute to business plan for area, establish risk/contingency plans, raise and address issues with urgency when required
• Build and manage relationships with business unit partners, other Morgan Stanley infrastructure departments, and external contact points in Client or Market organizations
• The candidate will be required to lead a team of individuals covering Cash Management and payments related functions. The successful candidate is expected to become a Subject Matter Expert in their function and provide support to the Director group.
• Management of the Cash and Payment Management team in Mumbai responsible for the forecasting and funding different currencies on behalf of Corporate Treasury, Payment Exception Management, Managing Counterparty exposure on all Client Money and Money Markets Deals. Supporting the initiation and authorisation of non STP (straight through processing) payments for multiple clients across various products line and screening of Anti Money Laundering (AML) checks for incoming and outgoing payments for Operations globally.
• Close interaction with Front/Middle Office to understand business requirements, breaking down the silo approach to determine the front to back transactional flow, driving down volatility and the impact on liquidity where possible, to ensure optimum cost effectiveness of settlement.

What you'll bring to the role:

• Strong relationship building skills serving as a role model for client service
• Ability to think commercially, understand the impact of initiatives, risks on the operational budget
• Experience in managing teams, enhancing control, continuous improvement and reducing operational risk
• Culture carrier and role model, representing and leading the Firm's core values to influence and motivate those around you
• Attention to detail and ability to retain focus, be dynamic to changing requirements.
• An intrinsic ability to identify priorities, multi task and deliver timely outputs to a consistently high standard
• Risk management: experience of identifying and mitigating operational risk.
• An intuitive thinker, able to think and plan ahead.
• Exemplary communication skills, both written and verbal.
• At least 6 years' relevant experience would generally be expected to find the skills required for this role

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.