Manager/ Senior Manager – Fixed Income Business Control Unit (Supervision)

Company Profile

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.

Department Profile

The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Commodities and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Fixed Income Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading. From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.

Responsibilities Include:

·         Managing functions within the Fixed Income Business Control Mumbai team and effectively integrate new processes and enhance existing ones;

·         Interacting with global risk teams with regard to supervisory issues and exceptions;

·         Interacting with global members from associated control functions, such as Legal, Compliance and Technology Risk;

·         Solving problems by effectively collaborating within and across teams outside of the Risk Management function;

·         Supervising the offshore review of sales and trading exception reports on a daily basis and maintaining records relating to these reviews

·         Supervising offshore activities around risk controls;

·         Improving and monitoring existing control frameworks and / or creating new control frameworks if none exist;

·         Leading projects related to the supervisory platform and the information security program;

·         Establishing relationships and work closely with Fixed Income Risk Management, Technology, Operations, Finance, and Compliance.

·         Partner in projects related to improving the review process, reduce false positives or further enhance the report logic

Skills required

·         Management Graduate/ Master’s in Commerce/Chartered Accountant

·         8-12 years with a background in Compliance, Risk Management, Trade surveillance and / or Trading Support focusing on sales and trading issues

·         Ability to work independently

·         Exceptional organizational skills and high degree of attention to detail

·         Knowledge of Equities markets, understanding of applicable regulatory rules and regulations

·         Excellent oral and written communication skills

·         An understanding of and strong focus on the mechanics of a control environment, including escalation and risk-related issues

·         Proficiency in MS Office and related applications (Word, Excel, PowerPoint)

“Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.”