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Asset Services - Director - Core Services

Asset Services - Director - Core Services

ConfidentialMumbai, India
5 days ago
Job description

We're seeking someone to join our team as a Director in the Asset Services team. The Mumbai Asset Services team is responsible for managing the timely and accurate processing of all corporate events that take place across the global FID and equity markets, which affect security positions and entitlements held by our clients and proprietary trading desks.

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. T his is a Team Specialist position at Director level within the Shared Services And Banking Operations team.

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

  • Liaising directly with agents and clients to ensure deadlines are researched and processed in an accurate and timely manner for all clients participating in voluntary corporate actions.
  • Reconciliation of Corporate Actions and Coupons - this requires diligence, accuracy and self-motivation to ensure that risk is controlled and targets are met. Much of the reconciliation work can be complex, of high value and the resolution may require working with other teams and business units to ensure the correct outcome.
  • Risk monitoring & reporting – Individuals must work closely with their line manager in order to prioritise key risks and identify potential loss-making breaks.
  • Liaising with counterparties in order to agree and settle claims on a timely basis.
  • Communicating with external agents and internal business units – another essential component of the role is dealing with ad hoc requests from a variety of different Business Units across Morgan Stanley, e.g. Client Service Groups, Private Wealth Management and Financial Controllers, as and when they arise.

What You'll Bring To The Role

  • The candidate should have a minimum of 8+-years banking experience
  • Good analytical / reconciliation skills.
  • Good command of English language (oral and written)
  • Good time management and attention to detail is essential, as the role is in a high volume, high risk area that works to strict deadlines.
  • Can work well under pressure, lending control and order to a difficult or pressurised situation
  • Prepared to work additional hours to meet deadlines and strong time management skills
  • Strong organisational skills, to be able to use time well and prioritise tasks effectively
  • Previous experience of Corporate Actions preferable
  • The candidate should be hardworking, motivated and able to work well under pressure
  • They should be courteous, mature with a pleasant & outgoing personality. They should be flexible and adaptable to change
  • 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.

    Skills Required

    Reconciliation, risk monitoring, Time Management, Corporate Actions

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    Director Service • Mumbai, India

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