Confirm trades and other transactions against various resources such as brokers and custodians Instruct, monitor and verify the settlement of trades and the transfers of positions and cash Research and resolve trade and account discrepancies in a timely manner to minimize fails and claims Assist in the automation of operational processes; propose solutions, liaise with developers and test enhancements Actively participate in projects to drive automation an enhancement efforts Maintain and drive efficiencies with numerous custodial and clearing broker relationships Work with Reconciliation department to diagnose breaks and resolve accordingly Analyze daily collateral needs. Monitor counterparty exposure and transfer collateral to minimize credit risk Escalation of urgent issues, aged reconciliation discrepancies and breakdowns in operations controls Consistently prioritize daily and longer-term tasks in high paced work environment with diligence Process ad-hoc request from trading, accounting and clients Cross-train on all team responsibilities Create, update and maintain procedures Maintains an excellent knowledge of industry practices and controls Effectively escalate issues to senior management and other impacted teams Associates (2yr) or Bachelor's (4yr) degree in Finance, Accounting or Economics preferred 4+ years experience in confirmation, settlement and asset servicing of futures, options, OTC derivatives, stocks, bonds and/or Asset Backed Securities in financial operations Strong attention to detail and ability to work independently under tight deadlines Trade settlement, collateral management and middle office experience is preferred Competent in Microsoft Office programs, familiarity with the following is a plus: SWIFT, Bloomberg, DTCC CTM, DTCC Alert, DTCC TradeSuite, TradeNexus, FIA Tech, IceLink, MarkitWire, Markit Trade Manager, CloudMargin and triOptima's suite of products Must have strong professionalism, verbal and written communication skills Displays excellent organization, time management and planning skills Displays high attention to detail, accuracy, thoroughness, and thoughtfulness. Commitment to meeting identified quality and efficiency standards Commitment to satisfying internal and external customers and continuous improvement Ability to work with a level of ambiguity Ability to plan and prioritize multiple responsibilities 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. Salary range for the position: $70,000 - 150,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
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