Department Profile
From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world's financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets. Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.
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Global Markets Group is the offshoring arm of Morgan Stanley's Equity businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, Strats to risk management.
Role Overview :
The Vice President of Derivatives & Trading Support will play a critical leadership role in ensuring the smooth and efficient functioning of the Derivatives & Trading desk. This role involves managing teams responsible for providing support to the Quant Derivatives & Trading teams, troubleshooting trading issues, optimizing processes, and ensuring compliance with regulations. The VP will work closely with traders, risk managers, compliance teams, and technology teams to ensure that all trading activities and operations align to the prescribed standards, regulatory requirements, and best practices.
Key Responsibilities:
- Leadership & Team Management:
Ø Lead, groom, and develop the Quant Derivatives & Trading Support teams.
Ø Foster a culture of collaboration and efficiency, ensuring that the team provides top-tier support to the trading desk.
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 Quant Derivatives, Trading desk and other departments to resolve issues and implement solutions.
Ø Understand the workflow & lead automation initiatives.
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 Quant Derivatives, Trading, operations, Technology, and Risk management; ensuring the success of a dynamic trading environment
Key Requirements:
- Educational Qualifications:
Ø Degree with a quantitative discipline (BE, BTech, MS in Maths/Statistics) from Tier 2 institutes
Ø Advanced degree (MBA or Master's) preferred.
Ø Certifications such as CFA, FRM, or similar preferred but not mandatory.
- Experience:
Ø 10+ years of experience in trading support, operations, or a related area within an investment bank.
Ø Strong knowledge of Equities and Derivatives products.
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.
Ø Ability to motivate people achieve their best performance.
Timings (IST): 10:30 AM - 8:30 PM
Timings (IST): 10:30 AM - 8:30 PM
Top of Form
Bottom of Form
Timings (IST): 10:30 AM - 8:30 PM
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.