Dir, Team Specialist, P3, Product Support & Services ISG : Job Level - Director

Primary Responsibilities

> Scope and Purpose of the Role:

The role is within the Equity OTC Confirmation area, which is part of the broader Equity Derivatives group under the Derivations Operations umbrella
Specific Tasks:
> - Generate ISDA compliant confirmations on OTC Equity trade executions
- Research and resolve documentation discrepancies through proactive communication with internal partners (legal, sales, trading) and external counterparties.
- Ensure accuracy and completeness of internal confirmation records versus electronic platforms
- Implement and maintain stringent process controls to mitigate firm and client risk.

> Understanding the end to end flow of the process and get into contact with sales and trading, MO and settlement teams on a regular basis to resolve breaks raised by clients

> Data mining, business analysis, modeling/reporting, and documentation: preparation and
compilation of daily/weekly/monthly metric dashboards to ensure thorough business analysis

> Collaborate with team members of all levels to complete daily tasks, share market and
systems knowledge, create best practice methodologies and approaches for business analysis,
issue follow up and escalation

> Develop relationships with internal clients (i.e., Traders, Trade Support, Legal, Onshore Drafting Teams) to understand the priorities of stakeholders to ensure that business needs are met, protect client confidentiality and address ad-hoc requests in a timely fashion.
> Knowledge of Equities product(Swaps + OTC options) is a must.
> Understanding of basic lifecycle of OTC products
> Answering detailed queries on specific products including Equity Swaps, OTC Options, Variance Swaps and Exotic Products like Autocalls , Accumulators , Cliquets , Dispersions
The teams responsibilities include:
> - Drafting Vanilla & Exotics OTC Derivative trade confirmations
- Timely submission and reconciling of transactions confirmed through electronic platforms including DTCC and SwapsWire.
- Issuing other critical client notifications such as corporate action events
- Liaising with our internal partners to ensure the firm's regulatory obligations are met
- Miscellaneous adhoc strategic initiatives including project work and metric creation / reporting Skills/Qualifications required (essential)

Required
> Minimum of 8+years Banking Operations or equivalent relevant industry experience with exposure to financial products.
> Minimum of 6+ years of previous experience in confirmation drafting roles with exposure to trade life cycles, process flows and reconciliation with proven track record in managing and developing control functions.
> Knowledge of derivative products, settlement processes and Drafting systems (thunderhead) is preferable although training will be provided on the job.
> Minimum Bachelor or Master's degree.



Required Competencies

- Strong working knowledge of ISDA definitions is essential
- Proven track record and understanding of operational risk
- Experience in negotiating with clients to resolve language discrepancies
- Strong ability to maintain risk and control while balancing client service
- Time management and an ability to multitask across line and project work
- Ability to deconstruct complex processes into their component parts
- Root cause analysis of reoccurring problems with ability to resolve
- Excellent verbal and written communication skills across all levels of the organization
- Ability to re-engineer existing procedures
- Common sense coupled with a strong analytical and logical approach
- Proactive and aggressive approach to risk management
- Ability to operate as a strong team player able to work efficiently & effectively against aggressive deadlines
- Ability to build strong working relationships with and influence internal partners including trade support, documentation and sales/trading
- Proven track record of Process Management.
- Project Management or implementation of global strategic improvements.

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.

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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.