Director - Security Settlements Operations

16 MS & Co., LLC; United States; Presencial; USD 64 000 - 108 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Medical benefits

401(k) retirement plan

Paid time off

Resumo da oferta

Morgan Stanley is seeking a Director to lead Security Settlements in the Americas within Shared Services & Banking Operations, supervising a team in Baltimore and collaborating with an offshore vendor. The role focuses on minimizing settlement risk, managing breaks, and strengthening relationships with BRM, IED, FID, PB, and other stakeholders.

You will oversee pre/post-settlement activities, drive risk mitigation, and guide process improvements in a high-volume environment to support U.S.

Qualificações

• Experience in Security Settlements or related settlement operations.
• Strong leadership and people-management skills.
• Ability to work in a high-volume, time-sensitive environment.
• Excellent risk awareness and attention to detail.

Responsabilidades

• Investigate and resolve pre-settlement/settlement exceptions and post-settlement breaks.
• Escalate risks and implement risk mitigation methods.
• Identify process improvements to strengthen controls and efficiency.
• Apply knowledge of U.S. buy-in rules and regulations to manage in-scope transactions.
• Deliver quality service and solutions to evolving business requirements.
• Lead the team and provide guidance in daily functions and various projects.
• Coach and mentor team members with effective one-to-one discussions.

Conhecimentos

Security Settlements

Leadership

Risk management

Analytical skills

MS Office

Ferramentas

Microsoft Office

Descrição da oferta de emprego

We’re seeking someone to join our team as a Director in Shared Services & Banking Operations. The core responsibility of Security Settlements in the Americas is the clearance and settlement of Fixed Income and Equity Securities for all Americas markets. The group facilitates the receipt and delivery of securities on trades executed with clients or broker-dealers and liaises with counterparties, agents, BRM, Prime Brokerage and other operational stakeholders to monitor depots, manage deficits and mitigate risk associated with failing settlement obligations in a timely manner. The Security Settlements Director will supervise a team of 3-5 individuals within our Baltimore GIC along with co-managing 10 resources at our offshore vendor eClerx. This individual will be required to ensure minimal risk from settlement activities supporting securities in the U.S, manage risk related to breaks and fails and communicate thematics to senior management, as well as develop strong relationships with key stakeholders in BRM, IED, FID and PB. 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 Supervisor position at Director level within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products. Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you’ll do in the role:

• Investigate and resolve pre-settlement/settlement exceptions and post settlement breaks
• Escalate risks associated with the settlement and implement risk mitigation methods
• Identify areas for process improvement to strengthen the control and increase efficiency of the process
• Implement knowledge of U.S. buy-in rules and regulations to manage potential risk related to in scope transactions
• Deliver quality service and solutions to evolving business requirements
• Lead the team and provide support and guidance in day-to-day functions and various projects
• Coaching and mentoring the team, ensuring effective one to one discussions

What you’ll bring to the role:

• Work experience in Security Settlements (preferred)
• Knowledge of Equity and/or Fixed Income products and settlement market rules (preferred)
• Experience as a people manager and strong leadership skills
• Ability to work in a structured, high volume and time sensitive environment
• Good analytical and problem-solving skills
• Attention to details and with strong risk awareness
• Adaptable and flexible to changes and new challenges
• Strong verbal and written business communication skills
• Proficiency in Microsoft Office (Excel, Word, and PowerPoint)

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.

Salary range for the position: $64,000 - $107,500 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.

• Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.

Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world.

In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions and in the ability of capital to work for the benefit of all society.