Equity Trading Operations Director Equity Trading Operations Director …

Morgan Stanley
in New York, NY
Permanent, Full time
Last application, 18 Jan 22
Morgan Stanley
in New York, NY
Permanent, Full time
Last application, 18 Jan 22
Equity Trading Operations Director
The New York Equity Trade Support Group is the point on all operational issues for the Institutional Equity Trading Desks. They communicate daily with Traders, Legal, Compliance, Controllers, and Information Technology. A senior manager in this role applies their knowledge of the Firm and financial industry along with managerial experience to oversee support lines. They manage the trading assistants (analysts, associates and managers). Senior Managers ensure that the trading desks are receiving high quality support, mitigate risk, manage the teams performance, and look for opportunities to increase efficiency. Daily they work with senior management on all aspects of our business, not only on their teams, but departmentally.

- Career development of managers, associates and analysts - have regular 1:1s, review goals, manage expectations and conduct performance reviews.
- Management administration - hire staff, time entry sign-off and vacation approval
- Hold monthly team meetings
- Supervise support lines, monitor work product, reconciliation sign-off and checklist monitoring
- Oversee training of trading assistants, maintain depth in all required competencies
- Prioritize and distribute the teams workload
- NPA quorum participation and research management
- Metrics reporting and analysis (i.e. KRIs, TDABC)
- Attend the TSG risk meeting and inform the department on team status
- Escalation of issues to management and the business unit
- Procedure review and maintenance
- Attend/direct meetings on behalf of the department
- Monitor UAT testing


- Bachelor's degree required
- Takes ownership - accountability for quality of support and protects the Firm
- Escalate appropriately to senior management
- Risk mitigation, looks for gaps and tightens controls
- Product/system expertise
- Solid relationships within the team and throughout the Firm
- Strong technical skills
- Actively contribute to meetings
- Process improvement, seeks opportunities to use technology
- Prioritizes own workload
- Creates a solid relationship with the trading desks as management of IED support
- Teamwork, takes accountability for entire department /learns from senior management
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