We're seeking someone to join our team as an Associate in PWM Operations which support the PWM business unit located in Hong Kong, Singapore, and Australia. PWM is a Morgan Stanley private banking business centered on providing investment/banking solutions to its Ultra High Net Worth client base.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, driving strategic automation solutions by embracing a transformation mindset and challenging the status quo. This is Associate position within Product Support & Services, which is responsible for providing transaction support and managing post execution processes. This is a Associate position within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.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: * Monitoring trading systems and booking trades on a Trade Date. * Perform daily reconciliation and clearance of positions/balances breaks, timely escalate to supervisor on any outstanding breaks by day end. * Daily interaction with the Sales & Trading Desks and PWM business unit answering via phone any ad-hoc requests/trade related questions. Should have experience in business conversations with Front Office (trading/Sales) * Demonstrate strong process knowledge of business process on the products managed under the candidate's remit. * Ensure that colleagues are adequately cross trained to cover planned or unplanned absence. * Escalation and thorough documentation of all issues / breaks to Supervisor / Manager. Actively embrace process re-engineering to streamline / improve existing processes. Active involvement in project work. * Ensure compliance / adherence with Service Level Agreements. Work independentlyWhat you'll bring to the role: * At least 4-7 years' experience (depending on role grade) in the financial services sector such as a middle office / trade support role. Relevant experience in cash equity, fixed income, mutual funds, hedge funds, structured notes/derivatives products will be an added advantage. * Excellent verbal and written communication abilities. The role will require daily phone calls with traders and PWM business unit. Superb attention to detail, accuracy & quality, with mathematical skills (PnL. calculations) * Strong time management and task prioritization skills. Ability to work Hong Kong hours to ensure all deliverables are performed within required timescales before day end. * Focus on risk guardianship, ensuring that issues are identified, escalated, resolved and reported on a timely basis * Passion, energy and enthusiasm. Is a self-starter who takes individual ownership for work quality and improvement. * Ability to work well under pressure and time criticality tasks considering the T+0 nature of the transactions * Ability to absorb information and learns quickly whilst displaying self-starter characteristics. * Required strong proficiency in Microsoft Excel (including formulas and managing large scale data) * Innovation and continuous improvements: mind-set to challenge the existing processes and status quo. * Knowledge of productivity tools like Alteryx, UI path, PowerBI, etc. will be an added advantage.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.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.
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