We are seeking a Reconciliation – Director. Responsibilities include performing Cash, Position and NAV reconciliation on daily basis for Fixed Income accounts. This reconciliation is to be completed prior to the start of trading hours for the respective region and hence is highly time sensitive. The objective of the reconciliation is to provide traders with accurate cash & positions.

Morgans Stanley Investment Management - This Operations group supports the equity, fixed income, liquidity and alternative businesses for Morgan Stanley Investment Management (MSIM), providing middle-office services including portfolio manager support, client services, portfolio transitions, market registration, product data and performance and attribution analysis. MSIM Operations also provides mutual fund support, derivative processing, and counterparty and credit event management.
 

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 an Advanced Specialist position at Director level within the Product Support & Services IM, 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:
 

•    Setting up reconciliation process with custodian’s, fund accountants, transfer agents

•    Perform UAT testing and collaborate with respective teams in fixing the breaks

•    Reviewing and actioning on the open breaks on daily basis.

•    Clearing of the breaks post thorough investigation.

•    Adhering to Service level agreements with global counterparts to ensure deliverables are signed off as per agreed timelines.

•    Liaising with global counterparts and custodians to ensure accuracy of books and records

•    Periodic Risk and Exception reporting to senior management

•    Involvement in projects related to the job function 

What you'll bring to the role: 
 

•     Complete understanding of Equity and Fixed income product profiles

•     Ability to operate independently with respect to most job responsibilities.

•     Ability to provide positive and constructive feedback and innovate processes.

•     Strong communication skills – clear, concise, and appropriate method of delivery.

•     Strong team player, with ability to manage deliverables on tight deadlines.

•     Strong overview ability, review of aged breaks and escalating wherever required.

•     Collaborative team player with a strong work ethic that works effectively in cross-functional team environment.

•     Strong analytical, organizational and documentation skills.

•     Detail-oriented with ability to multi-task and handle multiple priorities.

•     Basic Knowledge of Debt Markets and the financial instruments involved.

•     Exhibit a strong sense of urgency, accountability, ownership.

•     Has the ability to absorb information and learns quickly.

•     Ability to follow-up and work with teams at off-site/remote locations.

•     Relevant prior experience in reconciliations will be an added advantage.

•     High degree of computer literacy, including working knowledge of Windows-based applications.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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 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.