Role Overview:
The Vice President of Derivatives Support will play a critical leadership role in ensuring the smooth and efficient functioning of the trading desk. This role involves managing teams responsible for providing support to the traders and desk, troubleshooting issues, optimizing processes, and ensuring compliance with regulations. The VP will work closely with traders, desks, risk managers, compliance, operations and technology teams to ensure that all activities and operations align to the prescribed standards, regulatory requirements and best practices.
Key Responsibilities:
- Leadership & Team Management:
Ø Lead, groom, and develop the Trading Support teams.
Ø Foster a culture of collaboration and efficiency, ensuring that the team provides top-tier support to the trading desk.
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Ø Monitor team performance and feedback, handle resource planning, recruitment, and staff training.
- Trading Desk Support:
Ø Act as the primary point of contact for the trading desk to resolve operational issues quickly and efficiently.
Ø Troubleshoot and manage trading-related issues such as trade breaks, booking errors, or system discrepancies.
Ø Ensure timely and accurate execution of post-trade activities including reconciliations and reporting.
- Process Improvement & Optimization:
Ø Continuously review and improve operational workflows to enhance efficiency and minimize risk.
Ø Implement automation solutions and help develop tools to streamline trade processing and support functions.
Ø Collaborate with technology teams to identify system enhancements and ensure effective delivery of solutions.
- Risk Management & Compliance:
Ø Monitor and manage operational risks related to trading activities.
Ø Ensure high level of risk adherence and ensure compliance with the various prescribed risk requirements.
Ø Liaise with the various risk and compliance stakeholders, to ensure adherence to best practices and operational standards, following timely escalation protocols.
- Stakeholder Engagement:
Ø Build strong relationships with Trading desks, Risk, Compliance, Operations and Technology teams.
Ø Serve as a liaison between the trading desk and other departments to resolve issues and implement solutions.
Ø Regularly report on key metrics and performance to senior management.
Ø Strategize to expand the Mumbai footprint.
- Technology and Systems Management:
Ø Oversee the use and maintenance of trading platforms, execution management systems (EMS), order management systems (OMS), and other relevant tools.
Ø Coordinate with IT teams to ensure system stability, manage system upgrades, and address outages or bugs.
This role provides an exciting opportunity to work at the intersection of trading, operations, technology, and risk management; ensuring the success of a dynamic trading environment
Key Requirements:
- Educational Qualifications:
Ø Bachelor's degree in Finance, Economics, Computer Science, or a related field.
Ø Advanced degree (MBA or Master's) preferred.
Ø Certifications such as CFA, FRM, or similar.
- Experience:
Ø 10+ years of experience in trading support, operations, or a related area within an investment bank.
Ø Knowledge of Equities and Derivatives trading.
Ø Proven VP-level leadership experience, with the ability to manage and develop teams.
Ø Strong understanding of financial markets, trading platforms, and post-trade processes.
- Technical Skills:
Ø Expertise in trading systems such as Bloomberg, EMS/OMS platforms.
Ø Strong proficiency in Excel, Advanced Excel/VBA/SQL. Familiarity with programming languages will be advantageous (Python preferred).
Ø Experience with trade lifecycle management and reconciliation tools.
- Soft Skills:
Ø Excellent problem-solving and decision-making skills.
Ø Strong communication and interpersonal skills, with the ability to work effectively under pressure.
Ø High level of attention to detail and the ability to multitask in a fast-paced environment. Ability to motivate people achieve their best performance
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.