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Morgan Stanley · 3 days ago

Director (AVP) - Interest Rates Cash Trade Operations

New York, NY

Full-time

Onsite

Mid Level

$82K/yr - $133K/yr

4+ years exp

Morgan Stanley is a global leader in financial services, and they are seeking a Director in Operations to support the Interest Rates Trade Support Group. This role involves managing a team, optimizing processes, and ensuring compliance in transaction support for the US Treasury business.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Serve as the primary supervisor within specific line or project area with accountability to associated risks

Manage direct reports, leading 1:1s and career development, attracting and retaining high quality talent in line with our leadership commitments

Review resources to ensure adequate coverage to deliver BAU commitments, highlighting current and future needs to manager

Share expert knowledge across the team, contributing to team output and ensuring diverse viewpoints are heard

Partnering with Trading and Sales to provide the first level of control and escalation that trade bookings are correctly reflected in the trading risk systems and tie out with the Counterparty

Ensure that there's updated documents and procedures on processes to ensure we meet industry compliant standards and ensure that other team members are trained across the globe

Multi-task to resolve breaks across execution to settlements through root cause analysis and partnership with other teams alongside day to day new trade activity

Serve as an intermediary between the Trading desk and other areas of the Bank. Controllers, Settlements and Confirmations areas will come to you to discuss and resolve issues to ensure that breaks are resolved effectively

Participate in US Federal Treasury Auctions for government securities in various capacities and perform the booking of auction trades in MS systems

Qualification

Fixed Income experienceSeries 99 licenseLeadershipProject ManagementProcess OptimizationCommunication skillsRoot Cause AnalysisTeam CollaborationOrganizational skills

Required

Ability to lead by example, work with drive and determination, adapt management style to suit individuals and ensure team is well supported with a sense of purpose

Prepared to challenge the status quo, raise concerns and/or needs of their team members

Ability to pitch communication appropriately according to the audience and demonstrate active listening skills

Culture carrier across Operations, embracing the Firm's core values and acting as a role model

Strong communications skills with the ability to take large complex flows and distill down to simple processes then communicate those succinctly to management and key stakeholders

Ability to partner and work collaboratively on a daily basis with different teams to create scalable solutions

Strong organizational and project management skills to track various deals statuses and ensure ongoing lifecycle management as well as process change management

Product Owner mindset to develop/re-engineer the front-2-back process on top of the BAU activities

Must obtain Series 99 license in first 3 months of employment

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