Global Banking Services - Associate - Core Services

We're seeking someone to join our team as an Associate in the Global Banking Services team. The GBS Due Diligence (GBS DD) teams core responsibilities include managing Firm's selected external agent bank network and performing ongoing Due Diligence in line with global regulatory requirements.

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. T his is an Associate level position level position within the Firmwide Operations division.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

• Collation and distribution of Due Diligence Questionnaires to external agent banks on an annual basis.
• Performing ongoing analysis of the Firm's custody providers, through annual due diligence reporting based on external due diligence questionnaires, credit analysis and internal evaluations.
• Creation and distribution of Monthly Reporting (Watchlist, Metrics and Reporting).
• Understand and ensure adherence with the Firm's regulatory obligations for Due Diligence, and the segregation and security of client assets throughout the agent bank network.
• Regular communication with internal and external clients to present and answer questions on market regulation, operational processes, and asset safety.
• Stakeholder management with a range of key areas, including Legal, Compliance, Credit, Business Continuity Team, ORC Client Money.
• Perform analysis of new regulations to assess the impact upon the GBS Due Diligence team and implement new frameworks to satisfy these regulations.
• Conduct scoping reviews to ensure that our population of providers in scope for Due Diligence is accurate.
• Continual review and enhancement of the Due Diligence Risk Framework and Supervisory process. Ensuring the sustainability of the Change the bank culture within the team and continuing to strive to seek out operational efficiencies

• Sound interpersonal skills, freely develops networks, builds consensus and develops alliances across the organization.
• Excellent verbal and written communication skills
• Risk awareness. The ability to react quickly to issues and track them through to conclusion
• A change agent - always challenging the status quo
• Ability to work in a fast-paced environment, both independently and as part of a team
• Ability to meet tight deadlines and has a delivery focused approach
• Strong sense of ownership and accountability for quality output
• Attention to detail and accuracy
• Highly motivated self-starter with multi-tasking abilities; ability to prioritize appropriately
• Entrepreneurial spirit and flexibility - particularly in dealing with changing environments and different stakeholders
• Proven track record in building and motivating strong teams
• Desire to work in an environment strong in teamwork, commitment and excellence.
• Desire to build a career within the financial services sector
• The successful candidate will be a graduate with at least 4+ years relevant work experience
• Sound understanding of operations