The Operations Division at Morgan Stanley is the front line of defence for the Firm's financial and operational well-being, and works closely with almost all departments in order to safeguard the Firm's reputation and franchise. Operations partners with Sales & Trading, Finance, Legal, and Technology to execute the Firm's institutional, retail, and asset management businesses - via supporting and settling daily transactions, devising and implementing effective controls, developing strong client relationships, and engaging with its business partners to enable development of new structures, businesses, and markets. *Please note that this is a 12 Month Internship Programme.
Responsibilities
â?¢Client new account on boarding: Ensure that any new accounts to be covered are correctly set up in our internal system â?¢Counterparty relationship management: Ensure that incoming phone calls are always answered â?¢Business Unit assistance: follow and responds to BU and Internal group documentation requests â?¢Project management: Follow up with any enhancement calls and projects that impact our team â?¢Paper trades: Ensure that any new events (new trades, full unwind, partial unwind, exercise of option, assignations) are affirmed with client on a timely manner â?¢Electronic Trades: Ensure that any DTCC or MW pending trades (new trades, unwinds, assignations and DKd trades) are investigated and confirmed by client on a timely â?¢Discrepancies reconciliation: Ensure that all economic details discrepancies detected are investigated and reconciliated in a timely manner. Liaise with BU (Sales & Trading Desk) and Internal parties to resolve any disputes. â?¢Chasing of unexecuted confirmations: Ensure that client returned us signed MS confirmation without any mark up on a timely manner in order to meet the FED/EMIR targets deadline â?¢Broker confirmations matching/verification: Ensure that brokers/clients confirmation are verified and cross checked versus MS risk systems and confirmation before execution â?¢Perform daily preaffirmation of cashflows â?¢Monitor settlement transactions and special settlement arrangements â?¢Maintain clients contact details data base updated â?¢Daily escalation of High Risk and Ages items â?¢Provide End of day affirmation
* Salary is competitive with excellent benefits
Qualifications / Skills / Requirements
â?¢You have a minimum 2.2 honours degree or equivalent. â?¢Strong interpersonal and organizational skills. â?¢Ability to work in a team environment. â?¢Ability to meet deadlines and work under pressure. â?¢Exceptional excel/database/desktop skills â?¢Superior problem solving and analytical skills as well as the ability to multi-task â?¢Flexible and able to adapt to change â?¢Able to work independently with minimal supervision.
