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E*TRADE from Morgan Stanley · 1 month ago

Director (AVP) - Collateral Optimization

New York, New York, United States of America

Full-time

Onsite

Mid Level

$82K/yr - $133K/yr

4+ years exp

E*TRADE from Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help achieve financial goals. They are seeking a Director in Shared Services & Banking Operations to manage financing, funding, and optimization of the Firm’s inventory while ensuring compliance with regulatory standards and enhancing operational controls.

BankingFinanceFinancial Services

Responsibilities

Lead and oversee Regulation W operational monitoring and controls, ensuring compliance with intercompany transaction requirements and associated regulatory obligations

Manage Exposure and Collateral across Morgan Stanley's intercompany and external transactions, including CCPs, Triparty, and Bilateral arrangements

Oversee product exposure across Stock Loan, Repo, and Derivatives, ensuring accurate monitoring and reporting

Support the firm's Liquidity and Capital optimization objectives while maintaining compliance with regulatory standards such as LCR, NSFR, and Intraday Liquidity requirements

Identify and remediate control gaps by developing tactical and strategic solutions, collaborating with cross-functional teams as needed

Maintain a strong focus on enhancing controls, reducing operational risk, and driving continuous process improvement

Provide ad-hoc problem resolution for complex operational issues, ensuring timely and effective outcomes

Qualification

Collateral managementLiquidity optimizationRegulatory complianceAdvanced ExcelTrade booking flowsAnalytical skillsProblem resolutionInterpersonal skillsSelf-starter

Required

Bachelor's Degree or equivalent: analytical, financial or mathematically related subject favored

Candidate will have prior exposure of either derivative, stock loan or repo products

Strong understanding of front to back trade booking flows

Understanding of legal documentation from CSAs, to GMRAs and GMSLAs

Understanding of key Optimization initiatives such as Cheapest to Deliver inclusive of Liquidity/Capital metrics such as LCR, NSFR, Intraday Liquidity, Leverage and Capital ratios

Analytical skills are essential for the role, attention to detail will also be a requirement

Good interpersonal and relationship management skills, being able to communicate clearly and concisely

Ability to convey issues succinctly to front office stakeholders and to reach timely resolutions with counterparties

Candidate should be able to organize themselves efficiently as they will need to prioritize and keep track of multiple outstanding items while working to meet daily deadlines

Self-starter with the ability to work either on their own initiative as well as be a solid team player

Advanced Excel proficiency required

At least 4 years' relevant experience would generally be expected to find the skills required for this role