Associate - Global Operations Position Control (Operations)

Were seeking someone to join our team as an Associate Global Operations Position Control team. In the ISG Aligned Operations is a global team supporting Equity Derivatives, Interest Rate, Credit Derivatives (IRCC), Commodities and Collateral. The team supports primarily middle office functions with a global presence. ISG Operations have people located in the following locations - Americas (New York, Baltimore), Asia (Hong Kong, Tokyo, Singapore, Sydney, Mumbai and Bangalore), and Europe (London, Budapest and Glasgow). Global Operations Position Control (GOPC) is part of the ISG Equity Operations department with teams located in Glasgow, Mumbai and Bangalore. The team performs a pivotal role, ensuring that there is integrity around the completeness and accuracy of the market risk information across all the ISG businesses - Equity, Fixed Income and Commodities. This information is being used daily by traders, risk management, P&L controllers and Operations, specifically as a vital component of the daily PnL provided to the front office and the VAR analysis performed by the Market Risk Department. GOPC have two principal objectives. Identification, escalation and resolution of inconsistencies in the market risk information (position, market value etc.) between risk systems and the firm's books and records on daily basis. Elimination of the root cause of the exceptions. The department is comprised of a mixture of Operations and Finance professionals with a varied skill set, which enables them to leverage/manage cross- divisional technology and business requirements to meet the needs of their clients. GOPC are expanding their current remit to meet the growing demands of the firm and the evolving regulatory requirements of the industry. The Global Operations Position Control team (GOPC) consists of 65 people globally split across globe. 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. Interested in joining a team thats eager to create, innovate and make an impact on the world? Read on What youll do in the role: Ensuring all controls and processes within the responsibility of the role are completed and continually evolving in line with the requirements of the team and Firm. Ensuring that all outputs are produced to a first class standard Ensuring deadlines are met and where possible exceeded Providing accurate and timely escalations to line manager Demonstrate ownership by being accountable for any issues highlighted within their control processes. Developing and maintaining relationships with key stakeholders and business partners Timely escalation of issues to key stakeholders and business partners to ensure effective resolution Change Agenda and Business Process Improvement : Actively seeking out opportunities to improve the teams control framework and ensuring controls are carried out in as efficient a manner as possible Ownership of the resolution of issues identified through the root cause of issues highlighted through control processes Delivering projects within agreed deliverables. Ensure the accurate and timely reporting of all key client outputs and management reporting. Production and development. Production of Metrics and Stakeholder Packs Ensuring the quality and timeliness of all outputs of the team are to the required standard Reconciliation of internal firm systems, to ensure the completeness and accuracy of data used at the various stages of the trade life cycle Completion of daily and monthly proof and control reports to demonstrate the completeness and accuracy of PnL data. Investigate exceptions through interrogation of the Firms risk and financial systems. Providing accurate and timely escalations to line manager Pro-actively carrying out root cause analysis on break data to identify and then eliminate common break types, while communicating these successes Ensuring existing procedures are documented, kept current and complied with through periodic review This is not exhaustive and tasks and responsibilities may change to maintain our high levels of service.