Corporate Actions_Associate_Core Services at Morgan Stanley

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

12 Mar, 26

Salary

0.0

Posted On

12 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Corporate Actions, Equity Securities, Fixed Income Securities, Data Analysis, Cash Reconciliation, Position Reconciliation, Process Management, Project Management, Client Relationship Management, Operational Support, Risk Management, Problem Solving, Communication, Team Collaboration, Blackrock Aladdin, Custodian Bank Standards

Industry

Financial Services

Description

We’re seeking someone to join our team as Associate in IM Operations to process all mandatory and voluntary corporate actions for the firm, and perform corporate actions activities, to play a key role in helping transform how Morgan Stanley Operates. In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Associate level position within the Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products. Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. What you’ll do in the role: Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team. Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements. Build relationships within team and internal stakeholders, sharing knowledge to contribute to team output. Participate in projects and initiatives, aiding in solution formulation with a focus on timely execution. Provide functional support to MSIM portfolio managers, traders, and portfolio administrators through the Blackrock Aladdin Trade Management System. Responsible for analysing data and monitoring corporate action events in Aladdin between vendors, middle offices and custodians. Manage and process both mandatory and voluntary corporate action events from initial announcement through final settlement. Soliciting and receiving responses from the Front Office for Voluntary events and submitting instructions to various custodians prior to deadline dates. Provide functional support around corporate action workflows including data consumption, maintaining processing standards and management of overall corporate action functions. Identify and resolve issues related to corporate action transactions in a timely fashion following established guidelines, procedures, and controls. Responsible for cash and position reconciliation related to corporate actions in Aladdin for all designated portfolios. Liaise with middle office and custodian banks to resolve unconfirmed settlements and reconciliation items. Provide exceptional operational support to key stakeholders. Facilitate accurate and timely delivery of critical business inquiries to and from internal clients, internal business colleagues, operational colleagues, and external counterparties. Redefine procedures and implement solutions to improve efficiency and help mitigate operational risks. What you’ll bring to the role: Knowledge of custodian bank operating standards and interoperability with asset management Knowledge of equity and fixed income securities a MUST Specific knowledge of corporate actions is a PLUS Knowledge of BRS Aladdin a PLUS Ability to establish clear goals and priorities and address non-standard issues within area of expertise with minimal guidance and supervision. Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests. Culture carrier across Operations, embracing the Firm's core values. This is a night shift role (USA Based). At least 2+ years of relevant experience would generally be expected to find the skills required for this role. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.

Responsibilities

The Associate will process mandatory and voluntary corporate actions, manage corporate action events from announcement to settlement, and provide functional support to portfolio managers and traders. They will also identify and resolve issues related to corporate actions and ensure timely execution of processes.