Operations Supervisor (Senior Manager – Trade Settlements/Corporate Actions at Morgan Stanley

Mumbai City, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

17 May, 26

Salary

0.0

Posted On

16 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trade Settlements, Corporate Actions, Supervisory Skills, Trade Life Cycle, Leadership, Process Improvement, Risk Analysis, Staff Management, Deadline Management, Customer Service, Portfolio Management, Trade Processing, Financial Services, Microsoft Office, Attention to Detail

Industry

Financial Services

Description

ABOUT MORGAN STANLEY Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com. ABOUT PARAMETRIC Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what is important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings. This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week. ABOUT THE TEAM The operations department consists of a team of professionals that focuses on the overall operations of Parametric. This group ensures the production process is complete from start to finish and lines up with the goals and functions of other departments within the firm. Examples include supervising, organizing and completing daily production, measuring and evaluating daily workload, and providing services to ensure the business runs as smoothly and effectively as possible. ABOUT THE ROLE The Senior Manager of Trade Settlements is responsible for managing, coordinating, and directing the daily operations of the Trade Settlements team and also responsible for managing, coordinating and directing the daily operations of the Corporate Actions team. This includes managing a team of 4+ individual’s in Seattle, with the potential to work with and help influence work from other satellite offices. The team is responsible for processing and understanding the end-to-end trade settlement life cycle for both domestic and international trades. This role will review and communicate details to multiple parties, working closely with traders, portfolio managers, portfolio administration, custodians and brokers on trade issues. They will analyze and understand settlement risks on all markets. This position requires a hands-on manager with the ability to manage multiple deadlines, provide excellent customer service, and motivate staff. The person in this role must feel comfortable with completing or demonstrating best practices in work at all times as well as be able to work with a level of ambiguity and little guidance at times. The ideal candidate would have experience in a fast-paced environment working with the settlement of a high volume of trades (domestic and global) to ensure the timely settlement of Parametric’s trade activity, reporting and other duties as assigned. We are looking for a self-starter with proven leadership skills as well as keen attention to detail and the ability to work independently under tight deadlines. This person will have a deeper understanding of the “whys” behind processes as well as be able to recommend improvements to aid daily workload. PRIMARY RESPONSIBILITIES Responsible for managing the day-to-day functions of all trade settlement & Corporate Actions processing Maintains an excellent knowledge of industry practices and controls Ensures that the department is adequately staffed on a day-to-day basis, and that all employees are trained, and cross-trained as needed Coaching, training and mentoring staff Reviewing and recommending new methods and procedures to make daily operations in the department more efficient/effective Performing a wide array of developmental functions, including interviewing, performance appraisals, development planning, and corrective action/termination Driving execution of large and small scale department projects and initiatives including technology components Point of escalation for internal and external clients Identifying challenge areas and executes plans for improvement Continuously monitoring processes to ensure the department is current with changes in the industry Audit reviews/approvals Support and mentor new team members Understanding of key department processes around corporate actions, restriction management, and security maintenance JOB QUALIFICATIONS SKILL SET Required Experience: 5+ years Primary Skills Demonstrates strong leadership and supervisory skills and an extensive knowledge of trade life cycle (1-2 years supervisory experience preferred.) Bachelor’s (4yr) degree w/ concentration in finance or management 5+ years of experience in the financial services industry preferred, ideally with trade settlement and middle office experience Competent in Microsoft Office programs, familiarity with the following is a plus: Advent APX, SWIFT, Bloomberg, DTCC CTM, DTCC Alert and DTCC TradeSuite experience a plus Well organized self-starter with the ability to analyze information and support the staff Must have strong professionalism and communication skills Displays excellent organization, time management and planning skills Ability to manage multiple staff associates effectively and to meet tight deadlines Strong written and verbal communication skills; ability to deliver clear, effective communication and takes responsibility for understanding others Displays high attention to detail, accuracy, thoroughness and thoughtfulness. Commitment to meeting identified quality and efficiency standards Comfortable with risk Commitment to satisfying internal and external customers Ability to work with a level of ambiguity Ability to plan and prioritize Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society. What We Do

Responsibilities

The Senior Manager is responsible for managing, coordinating, and directing the daily operations of both the Trade Settlements team and the Corporate Actions team, which includes overseeing a team of 4+ individuals in Seattle and potentially influencing work from satellite offices. Key duties involve processing the end-to-end trade settlement life cycle for domestic and international trades, reviewing trade issues with various parties, and analyzing settlement risks across all markets.