Financing and Collateral Operations Associate - Institutional Securities Group Product Operations

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 21 Oct 18

Financing and Collateral Operations Associate - Institutional Securities Group Product Operations

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.

The specific role is for a specialist in the Secured Funding Operations (SFO) team. Secured Funding Operations manages the operational elements for daily funding and liquidity of the firm. The role will support Bank Resource Management (BRM), focusing on the collateralization and optimization of OTC Bilateral transactions. The candidate will partner with the OTC bilateral collateral team to ensure the settlement of the daily security collateral transactions. Responsibilities will include but are not limited to delivering/receiving securities collateral through responses to client collateral calls; security inventory management; break and fail resolution; reporting.

Qualifications:

- Bachelor's degree required
- Ability to work under pressure and multi-task
- Attention to detail
- Escalation Awareness: ability to assess risk and exposure issues
- Excellent written and verbal communication skills
- Ability to work with external clients to enhance the client experience
- Knowledge of Microsoft Office with a focus on Excel