Equities Derivatives Flow and Convertibles Trade Support - Associate

Morgan Stanley
London, United Kingdom
Aug 09, 2019
Sep 06, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

One of the largest divisions in the Firm, Operations is the first line of defence for Morgan Stanley's financial and reputational well-being and essential in delivering value to our clients. Operations is responsible for correctly settling and recording millions of transactions per day, identifying and mitigating operational risk, developing strong client relationships and partnering with technology to realize the full potential of IT and Automation. Operations has a world-class team of innovative and dedicated professionals, with a unique vantage point in the Firm interacting with all parts of the business, front to back. The Operations Senior Management team are passionate about our people development and providing best in class employee opportunities through an inclusive, forward-looking environment defined by open communication, collaboration, learning, and proactive career management.

Role Profile

This Trade Support role supports the day to day trading activities of the Equities Derivatives Flow and Convertibles trading desks. Responsibilities will include the below.
- Daily communication with the trading/sales desks and neighbouring ops teams to ensure correct trade capture, and flow, to downstream systems. This includes any Tax and Sales credits that should be applied to trades.
- Products covered mainly include Vanilla OTC and Listed Equity Options, Volatility/Variance/Dividend Swaps and also FX, Rates, Credit and Commodities products when traded.
- Act as conduit for all communications between the trading desk and the rest of the bank.
- Act as SME contact for Change the Bank (CTB) projects including internal development requests as well as the implementation of market wide or regulatory initiatives.
- Investigating trade match issues on Markitwire and working with desk and downstream teams to resolve
- Coordinating upcoming life cycle events (Corporate Actions & expiries) across all Equity desks and working with the desk, Ref data teams and neighbouring ops team to ensure they are applied correctly and in timely manner for all product types.
- Convertible bond setup, and maintenance, as well as working to renovate the front to back booking model.
- Act as SME for regulatory reporting issues


Skills Required

- Bachelor's Degree or equivalent
- Strong interpersonal skills with the confidence to deal with senior internal clients & join a team of experienced professionals.
- Demonstration in their past work experience of robust analytical skills, high attention to detail, previous process improvement project work and a control mind set.
- Previous experience working with Trading Operations in financial services.
- Evidence of experience with reconciliations and understanding of accounting. Ideally studying towards a professional qualification (CFA, ACA), and a demonstrated understanding of Finance would be beneficial.
- Evidence of developing and implementing risk metrics and reports, and evidence of strong risk mindset.
- A self-starter with the ability to work on their own initiative as well as be a solid team player
- Computer literate and familiar with most packages and strong Excel skills necessary. Evidence of working with data entry.

The closing date for applications is 05/09/2019

The salary for this role is competitive

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.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.