Operations Team Specialist - Risk/Trade Support - Director (AVP Equivalent) at Morgan Stanley

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

15 Apr, 26

Salary

0.0

Posted On

15 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Operational Support, Regulatory Compliance, Reporting, Data Analysis, Collaboration, Problem Solving, Documentation, Financial Services, Product Management, Business Continuity, Service Level Agreements, Key Risk Indicators, Operational Risk, Escalation Management, Microsoft Excel

Industry

Financial Services

Description

> Verification of 23A / 23B Regulation W exception management documentation and closure processes within Operations across multiple product types (e.g. FX, Equities, Fixed Income, Repo). > Production of key Operations reporting to Senior Management of MSBNA and MSPBNA. Identifying, collating and reporting KRIs/KPIs to measure operational bank business risk. Includes implementing metrics for MSBNA trading and hedging products. > Day-to-day operational support via oversight and central point of escalation for Operations areas supporting the Bank Entities > Working with various product areas to establish the correct booking and support structure for products affecting the Bank Entities. > Oversight and implementation of Bank regulatory initiatives as they apply to Operations. > Centralized monitoring, validation, collateral management, and reporting of Covered Credit Transactions (under Regulation W) on the Bank Entities. > Ongoing review and maintenance of Service Level Agreements (SLAs) and Task Orders between the Bank Entities and affiliates (e.g. MSCO, MSSG) for Operations services provided to the Banks. > Review, analysis and post-mortem of Operational Risk Incidents (ORIs), Key Risk Indicators (KRIs), audit/exam findings, and/or regulatory findings as they pertain to Operations groups supporting the Bank Entities. > Working with Bank Management on strategic initiatives including expansion of the Bank into new product offerings and cost optimization planning. > Review, outreach, and management of LRR (Laws, Rules, Regulations) as it pertains to Operations for MSBNA and MSPBNA. > Work through the lifecycle and execution of NPA (New Product Approvals) and PCM (Product Change Management) > Manage Banks NFRA (Non-Financial Risk Assessment) and BCP (Business Continuity Plan) process to ensure Bank involvement > Previous experience in financial services (5+ years). > Highly motivated self-starter with excellent prioritization and multi-tasking abilities. > Ability to work in a fast-paced environment, both independently and as part of a team. > Demonstrate ability to learn quickly with strong flexibility in regard to the duties assigned and problem-solving skills. > Can identify key control points within a process, and then provide assessment of the preventative and detective controls. > Able to meet tight deadlines and has an execution-focused approach. > Microsoft suite experience with strong background in Excel and PowerPoint. > Previous experience with Operations risk management (5+ year) function desired. > Experience in risk management related to daily processing, escalation of issues and proposed resolution. Understanding of technical risk and control environments, such as experiences in informational security and business continuity management. > Knowledge of US banking practices regulatory environment strongly desired. 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. 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. If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. Flexible work statement Interested in flexible working opportunities? Speak to our recruitment team to find out more. 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 Operations Team Specialist will oversee risk and trade support processes, ensuring compliance with regulations and managing operational risks. They will also produce key reports for senior management and support day-to-day operations across various product types.