Need for - Associate - Trade and Transaction Reporting - Run the Bank

Job Description

*Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firms 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.OperationsOne of the largest divisions in the Firm, Operations is the first line of defence for Morgan Stanleys financial and reputational well-being and essential in delivering value. 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 premier team of creative and dedicated professionals, with a unique vantage point interacting with all parts of the business. The Operations Senior Management team is passionate about our people development and providing top-notch employee opportunities through an inclusive, forward-looking environment defined by open communication, collaboration, learning and dedicated career management.Institutional Securities Group Product OperationsInstitutional Securities Group Product Operations (ISGPO) partners closely with Sales & Trading and our Clients to process daily activities, develop and implement new products and services, as well as drive efficiency and reduce risk in our processes. ISGPO is comprised of 5 departments: Client Operations, Trading Operations, Financing & Collateral Operations, Trade & Transaction Reporting Operations (TTRO) and Change the Bank (CTB).ISGPO Run the Bank - TTROTrade & Transaction Reporting Operations (TTRO) delivers the appropriate diligence and governance over the Firm s global transaction reporting obligations. TTRO is charged with ensuring the completeness, accuracy and timeliness of the Firm s trade and transaction reporting and is comprised of teams in London, New York, Hong Kong, Glasgow, Mumbai and Bangalore, supported by a selection of vendors and third party service providers. As the Centre of Excellence for Transaction Reporting, TTRO are engaged in the development of platforms and processes supporting upcoming regulatory change in a high focus, rapidly evolving environment. Supporting a broad stakeholder base, TTRO liaise with various internal and external counterparties daily, including other Operations teams, Sales and Trading, Non-Market Risk leads, Legal and Compliance teams, Information Technology, trade organizations such as ISDA, AFME and FIA, and Industry utilities such as DTCC and Unavista. The criticality of the function ensures senior management engagement and secures a high profile for those in the team.Description of RoleThe individual will be responsible for regulatory reporting exception management, cross asset reconciliations and metrics. The individual will be interacting with multiple operations stakeholders and technology teams within the organisation for break investigation and to identify the root cause and subsequent resolution. The individual will be part of a regulatory control team for which the key roles and responsibilities are:1. Perform investigation on Multi jurisdiction Regulatory reporting along with material economic terms reconciliation and governance & metrics.2. Exception management of industry reconciliation requirements like Inter TR.3. Continuous focus on deep dive and fixing on multiple upstream and downstream system issues to keep breaks minimum.4. Improving efficiency and control of process and overall reporting framework.5. Work closely with technology partners to analyse root causes and ensure fixes are delivered on time.6. Sample testing of reporting and monitoring of late and accuracy metrics.7. Work with Change the bank on remediation plans ensuring relevant action owners deliver and all stakeholders are informed.8. Take personal responsibility for enhancing processes and mitigating risk in controls.9. Make sure you are clear in communication and appropriately escalate risks emerging out of controls10. Ability to work in a vendor supported environment., *Experience in handling control processes and sample testing.Ability to interact and influence effectively at all levels of the organization Strong relationship management skills and the ability to manage conflictExpertise in the trade lifecycle and the various downstream user requirements of trade and financial data Control and Risk focusExcellent written and verbal communication skills and confidence to lead meetingsSelf motivated with a strong sense of ownership and accountability for tasks and people Ability to multi-task and work in a fast pace environment Detail oriented and ability to adhere to strict timelinesSkillsPreferred 4+ years experience in the finance industry in an ever evolving environment Knowledge of basic terminologies used in the financial services sector and Trade lifecycle You have a strong knowledge base on at least one of asset classes (EQ, FX, IR, CO, CR) or a strong regulatory reporting expertise.[OTC derivatives] Knowledge of MS suite of products including (Excel, Power point, Share point) Experience of working in a vendor setup will be added advantage however not necessary

Keyskills :
financial datamanagement skillsinvestment bankingdata controlwealth management