POSTING DATE: Aug 4, 2017
PRIMARY LOCATION: Non-Japan Asia-Singapore-Singapore-Singapore (Asia Pac)
EDUCATION LEVEL: Associate's Degree
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
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.
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.
This opportunity sits within the International Wealth Management Asia Operations team based in Singapore. The Operations department culture is dynamic, fast paced, and growing. The Operations department sits directly with the IWM business unit and is directly connected into the entire IWM organization, therefore giving significant visibility for the Operations staff and constant opportunities to directly interaction face to face with our internal stakeholders.
Trade Support opportunity:
This candidate will be part of the International Wealth Management Operations team and will be responsible for supporting the Equity, Fixed Income, Equity Derivatives and Alternative Investment trade flows executed by the International Wealth Management business unit in Hong Kong and Singapore. The investment product range the team deals with is diverse and therefore provides an opportunity for the successful candidate to gain exposure to a variety of products and knowledge.
The role entails trade processing and support, and control functions, for example performing trading / depot account reconciliation. The candidate will need to liaise with the front office business units, outside counterparties and global operations staff within the Firm to resolve queries and day to day issues. The candidate will be expected to analyze and improve processes, identify and manage risk and potentially guide junior members of the team. As such communication and organizational skills as well as attention to detail and a readiness to escalate issues with a sense of urgency are of upmost importance.
The ideal candidate should have:-
3-5 years’ experience in the financial services sector preferably in a middle office/trade booking and settlement role. Other relevant experience in a banking operations role (focused on banking products such as loans and deposits) would be an added advantage. Candidates with more than 3 years’ experience will also be considered assuming the background is relevant.
Excellent verbal and written communication abilities.
Superb attention to detail, accuracy & quality.
Strong time management and task prioritisation skills. Willing to work additional hours to ensure all deliverables are performed within required timescales.
Strong sense of urgency, accountability and ownership.
Focus on guardianship, ensuring that issues are identified, escalated, resolved and reported on a timely basis.
Passion, energy and enthusiasm. Is a self-starter who takes individual ownership for work quality and improvement. Leads by examples working with drive and determination.
Ability to work well under pressure and time criticality tasks, lending control and order to a difficult or pressurised situation.
Ability to absorb information and learns quickly whilst displaying self-starter characteristics.
Innovation and creative skills – challenges the existing processes and status quo.
Excellent inter-personal skills.
Diversified financial services product knowledge – particularly in Equity products.
Proficient in Microsoft Excel.
Advanced level of regulatory understanding.