Trading Governance Associate/Senior Associate

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

Trading Governance Associate/Senior Associate

Morgan Stanley, a market leader in the U.S., Europe, Asia and emerging markets, has been re-defining the meaning of financial services since our founding in 1935. With our global reach and local presence, our firm brings expertise and resources to help meet clients' needs and challenges, as well as a commitment to sustainability, innovation, philanthropy, diversity and inclusion.

Morgan Stanley Investment Management (MSIM)

For more than 40 years MSIM has provided client-centric investment and risk-management solutions to a wide range of investors and institutions. Our clients include corporations, pension plans, intermediaries, sovereign wealth funds, central banks, endowments and foundations, governments and consultant partners worldwide. Investment strategies span the risk/return spectrum across geographies, investment styles and asset classes, including equity, fixed income, alternatives and private markets. More than 20 investment teams are organized by capability: Solutions & Multi-Asset, Real Assets, Active Fundamental Equity, Private Credit & Equity, Global Fixed Income and Global Liquidity.

MSIM was established in 1975 as a subsidiary of Morgan Stanley Group Inc. As of September 30, 2017, MSIM employs 608 investment professionals worldwide in 20 countries and offers its clients personalized attention, the intelligence and creativity of some of the brightest professionals in the industry and access to the global resources of Morgan Stanley. As of June 30, 2018, MSIM managed US$474 billion in assets for its clients.

POSITION SUMMARY:
The Trading Governance Associate will support the Trading and Research Governance team, with a primary focus on analysis and reporting for clients, committees and boards. Coverage areas will include transaction cost analysis ("TCA"), commissions reporting, and broker/ counterparty oversight. The Associate will also take a lead role in the broker review and maintenance process which includes conducting regular credit reviews of firm approved brokers, setting up and maintaining trading codes in firm systems, and performing periodic reconciliations of trading and analytics systems.

DUTIES and RESPONSIBILITIES:
· Produce standard and customized presentation materials for clients, quarterly governance committees and fund Boards
· Supporting the co unterparty/broker approval process, with a focus on conducting credit reviews of approved brokers
· Oversee trading system code set-up and maintenance
· Analyze large sets of data with the capability to identify and evaluate outliers
· Perform reconciliations of systems and data sets
· Participate in meetings with traders, IT developers, and vendors
· Take meeting minutes and organize follow-up initiatives
· May interface with senior leaders and investment teams

Qualifications:

QUALIFICATIONS
Education and/or Experience
· 4-6 years of work experience in asset management, consulting or a related field
· Four-year college degree with courses in quantitative subject matters and/or finance
· Series 7, CFA or other certifications that demonstrate industry knowledge are beneficial but not required

Knowledge/Skills
· Possess an intellectual curiosity and ability to problem solve using available tools and resources
· Detail-oriented and organized with an inherent interest in improving/optimizing processes
· Advanced knowledge of Microsoft Office Excel (macros, advanced formulas and superior data organization techniques) and PowerPoint (charts and graphs with meticulous attention to formatting)
· Effective written and verbal communication skills
· Experience using portfolio analytics software and/or trading systems, with experience onboarding systems preferred but not required