TK Ops, Asia Position Services, Associate
- Tokyo, Tokyo-to, Japan Tokyo Tokyo-to JP
- Permanent, Full time
- Morgan Stanley
- 22 Apr 18 2018-04-22
See job description for details
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.
The Asia Pacific Asset Services group is responsible for managing the timely and accurate processing of all corporate events that take place across the Asia markets, which affect security positions and entitlements held by our clients and proprietary trading desks. Asset Services is part of the Shared Services & Banking Organisation (SSBO) division within Firmwide Operations.
The group has several locations in Asia including Tokyo, Hong Kong, and Mumbai and has developed itself into a highly efficient and successful operation, providing first class client service. This has been achieved through strong focus on control, commerciality and people.
The Tokyo Asset Services consists of two main products - Equity and Fix Income. It is a part of Global Asset Services within Morgan Stanley and supports Japan market for Japanese clients, in house traders and offshore Morgan Stanley entities as Standing Proxy Agent. The teams are responsible for dividends / corporate actions / proxy / coupons / redemptions as well as projects for process improvements / tighter controls / efficiencies.
Team members are responsible on a day-to-day basis for:
? CSG function ? Inquiry management for front office and clients. Providing payment confirmation and performing phone confirmation (?shogo?)
? Research function ? Ensuring accuracy of dividends / corporate actions / coupons / redemptions event details and send notification to clients
? Deadline function ? Ensuring accuracy of client entitlements on key date. Monitoring client instructions / elections for voluntary events and submit instructions to agent banks
? Payment function ? Ensuring accuracy of receipts from agent banks and allocating payments to client accounts in internal books & records, and performing external payments
? Reconciliations / break resolutions
? Tax related process ? Withholding tax payments, documentation
? Preparation and submission of the regulatory reporting
? Managing projects for new businesses / efficiencies / legacy system eliminations with technologies / global counterparts
The ideal candidate should display the following:
? Excellent communication skills in both Japanese and English
? A self-starter and highly motivated
? Ability to adapt existing skills in a new environment
? Understanding of operational risk and controls
? Understanding of timely escalations
? Ability to perform well under pressure
? Ability to think laterally and pursue opportunities for system / process improvements
? Ability to handle multi tasks and attention to details
? Team player
Preferred candidates will have:
? Understanding of equity and fixed income as business
? Asset servicing background (both equity and fixed income)
? Other operations background preferred i.e. as settlements etc.
? Willingness to learn/try new challenges
? Detail oriented mind-set
? JSDA class 1 and 2 (internal control manager preferred)