Onsite
Full Time Posted 6 hours ago
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Job Details

We’re seeking someone to join our team as an Associate in the Cash Settlements team responsible for the accurate and timely settlement of all OTC Derivative, Foreign Exchange and Commodities cash flows to and from the firm's clients, counterparties and custodians teams. 
 

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 Associate level position 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:

  • Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team
  • Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements
  • Build relationships within team and internal stakeholders, sharing knowledge to contribute to team output
  • Work on day-to-day Cash Settlements functions (FX/ FID/ Equities / Commodities)
  • Ensuring timely settlement of cash flows and Investigation and resolution of fails 
  • Supporting applicable Change the Bank and Run the Bank Projects impacting the team, from inception; providing SME support, testing and monitoring into Production and be actively involved in UAT testing.
  • Ensure timely settlement of cash flows and resolution of fails.

What you'll bring to the role:

  • Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision
  • Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests
  • Experience within a Settlements or applicable product related role
  • Strong product knowledge (Equity, Commodities, FID & FX)
  • Strong knowledge of SWIFT messages, third-party reconciliation tools such as DTCC, MarkitWire.
  • Some experience in oversight of team members
  • At least 2 years' relevant experience would generally be expected to find the skills required for this role

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.

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.

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Cash Settlement, Associate, Product Support & Services ISG
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