We're seeking someone to join our team as a Associate in Global Banking Services team in Mumbai. They are responsible to perform the full front to back process of opening and closing external bank accounts within the Asia / EMEA and US regions.
In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Team Specialist position at Associate level within within Core Services, which is responsible for managing the timely and accurate processing of corporate events, which effect security positions and entitlements held by our clients and proprietary trading desks.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
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What you'll do in the role:
• Liaising directly with agents and clients to validate corporate action events to ensure accuracy of data points and timeliness of flows. Complete extensive reviews of corporate action events to capture and send notifications to clients where applicable.
• Provide support and training to offshore vendor teams (Eclerx) as needed
• Reconciliation of Corporate Actions and Coupons - this requires diligence, accuracy and self-motivation to ensure that risk is controlled and targets are met. Much of the reconciliation work can be complex, of high value and the resolution may require working with other teams and business units to ensure the correct outcome.
• Risk monitoring & reporting - Individuals must work closely with their line manager in order to prioritise key risks and identify potential loss making breaks.
• Communicating with external agents and internal business units - another essential component of the role is dealing with ad hoc requests from a variety of different Business Units across Morgan Stanley, e.g. Client Service Groups, Private Wealth Management and Financial Controllers, as and when they arise.
• Periodically propose control enhancements and follow through with IT to migrate into production. Participate in system testing and respond to ongoing demands for increased coverage and service.
What you'll bring to the role:
• The candidate should have a minimum of two-years banking experience
• Good analytical / reconciliation skills.
• Good command of English language (oral and written)
• Good time management and attention to detail is essential, as the role is in a high volume, high risk area that works to strict deadlines.
• Can work well under pressure, lending control and order to a difficult or pressurised situation
• Prepared to work additional hours to meet deadlines and strong time management skills
• Strong organizational skills, to be able to use time well and prioritise tasks effectively
• Previous experience of Corporate Actions preferable
• Proficiency in navigating internet and web-based applications.
- Interpret wide range of reference materials. Utilization of 3rd party information providers interfaces (e.g. Xcitek, Bloomberg, SWIFT, etc.), as well as those of Agents and Exchange
• The candidate should be hardworking, intelligent, motivated & able to work well under pressure.
• They should be courteous, mature with a pleasant & outgoing personality.
• They should be flexible and adaptable to change.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.