Financing and Collateral Operations Associate - Institutional Securities Group

  • Competitive
  • Baltimore, MD, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 18 Jan 18 2018-01-18

Financing and Collateral Operations Associate - Institutional Securities Group

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.

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

Institutional Securities Group (ISG) Product Operations encompasses two functionally aligned organizations. The first, Trading & Client Operations, provides Operations functions in direct support of activity executed by Institutional Sales &Trading. The second, Clearing Operations, provides Operations functions in direct support for activity cleared by Morgan Stanley on behalf of our clients in Prime Brokerage, Listed Derivatives, and OTC Derivatives. The broad organization partners closely with Sales and Trading to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected 'front to back' view of operations to ISG Sales and Trading.

Act as an intermediary between Morgan Stanley's Securities Lending Desk (BRM), and its external Lender base to ensure full global coverage of all Securities Lending trades and trade byproducts, while teaming up with other Operational areas within the Firm (for example position services, reconciliations, trade support, settlements) to mitigate Firm risk and exposures to external counterparts.


- Monitor, communicate, and agree all client daily activity in over 30 International markets for multiple Morgan Stanley entities.
- Agree and exchange collateral with lenders for securities lending movements.
- Ensure settlement of all trades and proactively chase failing and failed trades via liaising with the Securities Lending desk, external clients, and internal operations teams.
- Assist with and initiate projects to make current processes more effective and efficient.
- Serve as key point of contact for external lender population.
- Provide various types of regulatory reporting.


- Bachelor's degree required
- Ability to work under pressure
- Ability to multi-task
- Professionalism
- Ability to work in a team environment
- Attention to detail
- Awareness and correct assessment of risk and exposure issues
- Excellent communication skills
- Ownership mentality