Trade & Transaction Reporting_Director_Core Services

We’re seeking someone to join our team as a Director in Operations Risk and Regulatory Control team to deliver Trade and Transaction Reporting requirements. The successful candidate will join the TTRO (Trade Transactions Reporting Operations) Diagnostic Testing Team who are responsible for building data driven and fully automated controls in firm’s technology systems. These tests are key control to measure the accuracy and completeness of Morgan Stanley’s transaction reporting submissions.

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 Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.

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 a workflow and book of work for F2B Tests as well as the fully automated diagnostic tests across multiple regulatory regimes covering EMEA (MiFID, EMIR, SFTR), US (SEC, CFTC) and APAC (HKMA, ASIC, MAS, JFSA) transaction reporting.
• Perform data analysis & visualizations using data science tools (PowerBI, QlikView, SQL, MS Excel) to evidence the reporting trends.
• Manage the diagnostic rule coding book of work to ensure fully automated rules are coded and executed in firm testing engine (PanDQ).
• Manage the Issue management (observations) book of work – and present the potential transaction reporting issues to TTRO and Compliance stakeholders.
• Manage the Industry working group process flow and drive firm’s agenda on industry forums (ISDA, FIA etc) and maintains a good understanding of upcoming regulatory reporting rules.
• Act as a first escalation point and provide guidance and coaching to the team around transaction reporting queries.
• Be responsible for coordinating across multiple stakeholders such as RTB, Technology, Trade Support Groups (TSG), to undertake the appropriate remediation steps to resolve reporting issues seen in the Diagnostic Testing.
• Work as part of the team to review controls within the process to ensure procedures and process maps are reviewed regularly kept up to date on firm’s policy portal.
•  Liaise with multiple Operations line teams to provide guidance and support for transaction reporting.
• Develop staff, lead projects and control deployment of resources, owning management tools/methods such as work queues, checklists, depth charts and calendars.
• Set direction and expectations for your team(s), defining training plans and transfer of expert knowledge to contribute to team output and development.
• Contribute to business plan for area, establish risk/contingency plans, raise and address issues with urgency when required -Build and manage relationships with business unit partners, other Morgan Stanley infrastructure departments, and external contact points in Client or Market organizations.

What you'll bring to the role

• Knowledge of Transaction Reporting Regimes (e.g. MiFID, EMIR etc).
• Knowledge of Securities and Derivative Products preferable. Including Listed Derivatives, FX, Commodities, Equity, Credit and Interest Rates.
• Working knowledge & experience of data analytics tool such as PowerBI, SQL, Python is preferred.
• Strong proficiency in MS Excel & PowerPoint.
•  Ability to work independently as well as part of a team, including interfacing across all levels and with Vendors.
• Strong verbal and written communication skills
• Strong analytical and problem-solving skills
• Ability to work to stringent deadlines.
•  Ability to partner with colleagues across functions and lead effectively across geographical boundaries.
• Strong functional knowledge of Operations and trade lifecycle preferable.
• Strong relationship building skills serving as a role model for client service.
• Ability to think commercially, understand the impact of initiatives, risks on the operational budget.
• Experience in managing teams, enhancing control, continuous improvement and reducing operational risk.
• Culture carrier and role model, representing and leading the Firm's core values to influence and motivate those around you.
• At least 6 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.