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.
Glasgow Profile :
Morgan Stanley’s Glasgow office employs in excess of 1,300 staff across Operations, Technology, Legal and Compliance, Internal Audit, Fund Services and Finance.
Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment.
Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships.
The office is located centrally and enjoys the additional benefits of an onsite gym and restaurant.
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.
Shared Service and Banking Operations provide utility processing services to Global Operations. By functionalizing processes across segments, SSBO realizes efficiencies through scale, location strategy and adoption of best practices.
SSBO provides quality operational core processes at an optimal price point, with maximum benefit to MS business lines. Services currently provided by SSBO include Cash Management, OTC Derivative and Security Settlements, Position Services, Reconciliations, Tax, Client Reference Data and Network Management.
Team Profile :
The Cash Settlements Team is responsible for all aspects of settlement for Foreign Exchange, Commodities, Credit, Interest Rate, and Equity OTC derivatives trades post-
booking. The position requires daily interaction with various broker clients globally as well as internal sales and trading desks, other Operations groups, and technology teams.
Our mission is to provide business units with cost effective, highly efficient and product agnostic full settlements services, enriching our clients experience and strengthening client relationships.
Background on the Team
Cash Settlements is divided into several teams by product and function, offering the fantastic opportunity to learn a variety of different derivatives products and functions within the larger Cash Settlements team.
Each team is responsible for controlling risk by managing relationships with counterparties to ensure that high risk settlements are settled on value date, and where there are any post-
settlement issues or discrepancies, the team investigates and resolves in a timely way.
Fixed Income and Equity OTC Derivatives products, Foreign Exchange, and Commodities
Primary Responsibilities :
Skills Required :
Skills Desired :
Due to the nature of the products traded, the job requires the ability to identify problems as they arise and understand when these need to be escalated.
Strong problem solving skills and continued follow up are a necessity. The candidate should possess a good appreciation of risk -
both operationally and franchise. In addition, the role requires extensive client interaction both internally and externally so the ability to maintain and build excellent client relationships is a priority.
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. *LI-AM1