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Morgan Stanley Derivatives Clearing, VP, Product Support & Services ISG in Bengaluru, India

We’re seeking someone to join our team as a Vice President - Derivatives Clearing in ISG Equity Operations to lead the Derivatives Clearing Global Exchange reconciliations team based out of Mumbai & Bengaluru.

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 a Team Manager position at Vice President level within the Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you’ll do in the role:

  • Develop staff, lead projects and control deployment of resources, owning management tools/methods such as work queues, checklists, depth charts and calendars.
  • Set direction and expectations for your team(s), defining training plans and transfer of expert knowledge to contribute to team output and development.
  • Contribute to business plan for area, establish risk/contingency plans, raise and address issues with urgency when required .
  • Build and manage relationships with business unit partners, other Morgan Stanley infrastructure departments, and external contact points in Client or Market organizations.
  • Lead the Listed Derivatives reconciliations team managing Asia, EMEA and NY exchanges. The role will have oversight of approximately 20 resources based in Mumbai and Bengaluru.
  • Be a change agent and drive the direction of the group strategically by improving the efficiency and control aspects of Clearing, Reconciliation, Margins and Control functions.
  • Proactively explore solutions to close control gaps and ensure to adherence to existing control framework; regular review and understanding of procedures, checklists and reports to ensure they are accurate and current.
  • Ensure the completion and delivery of all business unit and client requirements associated with timely updates.
  • Champion the operational changes required to implement processes to satisfy Local and Global regulatory changes.
  • Partner closely with Technology, Risk and Change Management teams.

What you’ll bring to the role:

  • Strong relationship building skills serving as a role model for client service .
  • Ability to think commercially, understand the impact of initiatives, risks on the operational budget .
  • Experience in managing teams, enhancing control, continuous improvement and reducing operational risk .
  • Culture carrier and role model, representing and leading the Firm's core values to influence and motivate those around you.
  • Knowledge of listed derivatives, FXPB and Cleared OTC reconciliations & Trade Support Group functions (or at least the concept of TSG functions) is an advantage.
  • Excellent communication skills, oral and written, necessary to work effectively with colleagues in different regions and business units, and to describe complex issues accurately and succinctly.
  • At least 6 years’ relevant experience would generally be expected to find the skills required for this role.

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action:morganstanley.com/diversity. 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.

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.

Job: *Other

Title: *Derivatives Clearing, VP, Product Support & Services ISG *

Location: Non-Japan Asia-India-Karnataka-Bengaluru

Requisition ID: 3250122

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