Triparty Operations Director, Team Specialist

Morgan Stanley; New York (NY); On-site; USD 82,000 - 133,000; Full time

Job summary

Morgan Stanley in New York City seeks a Director, Financing Resource Management to oversee day-to-day funding and collateral processes, manage exceptions, and contribute to risk and process-improvement initiatives. This role supports broader risk and audit programs within the Operations division.

In Operations, you’ll partner with business units to support financial transactions, establish robust controls, and develop relationships while guiding a team through development and performance metrics

Qualifications

• 5+ years of relevant experience expected for this role.
• Must obtain Series 99 license if supervising a covered function.
• Experience with triparty funding, Repo trade flows, cash and collateral settlement desired.

Responsibilities

• Manage day-to-day funding and collateralisation processes.
• Serve as a key point of contact for break and ad hoc issue resolution.
• Lead and develop team members, including 1:1s and career planning.
• Drive process improvement and system renovations from the ground up.
• Review resources to ensure BAU coverage and plan for future needs.

Skills

Funding knowledge

Collateral management

Leadership

Process improvement

Relationship building

Job description

We're seeking someone to join our team as a Director in Financing Resource Management (FRM) to play a key role in daily funding and collateral processes from a day to day perspective, exception management and control execution, while supporting broader risk, audit, and process improvement initiatives.

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 Director, Team Specialist position at the P3 level within the Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

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

• Manage day to day processes as it relates to the funding and collateralization of the firm's obligations
• Serve as a key point of contact for the team in terms of break and ad hoc issue resolution
• Manage direct reports, leading 1:1s and career development, attracting and retaining high quality talent in line with our leadership commitments
• Drive process improvement and system renovation with a ground up approach
• Review resources to ensure adequate coverage to deliver BAU commitments, highlighting current and future needs to manager

What You’ll Bring To The Role

• Familiarity and experience with triparty funding, Repo trade flows, cash and collateral settlement methodologies
• Ability to lead by example, work with drive and determination, adapt management style to suit individuals and ensure team is well supported with a sense of purpose
• Prepared to challenge the status quo, raise concerns and/or needs of their team members
• Ability to pitch communication appropriately according to the audience and demonstrate active listening skills
• Culture carrier across Operations, embracing the Firm's core values and acting as a role model
• Must obtain Series 99 license if supervising a covered function
• At least 5 years' relevant experience would generally be expected to find the skills required for this role

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity.

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.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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.

Expected base pay rates for the role will be $82,000.00-$133,000.00 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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.