Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Background of the Team Since 2007 Morgan Stanley has been expanding its fully owned premier investment banking and sales & trading platform in India, providing a full range of investment banking, sales & trading, equity, fixed income, Commodities and derivative products, as well as research services. Building on this existing platform in India, we are looking to invest in establishing a Derivative Operations division that will continue to recognize and match the global needs of our clients. Morgan Stanley transacts Cross product Exotic and structured Derivative trades/contracts globally, with trading locations in Europe, North America and Asia. The Mumbai Trade Capture (TCR) team supports trades originated by all 3 regions. The primary responsibilities of the TCR Team is to ensure all Exotic Trade terms are reconciled between the risk systems, Trade confirmations/Pricing Supplements and ensure the correct variables are captured accurately in risk models. A successful applicant will lead a team of Subject matter experts and will be part of the ISG Equity Trading Operations within the Operations Division of Morgan Stanley. Primary Responsibility The primary function within the TCR team is the completion of daily tasks, including (but not limited to) Performing review of Structured Notes and Exotic Derivative products. The review involves verifying and reconciling trade economics between risk systems, confirmations/pricing supplements and booking models. Currently the tasks performed are manual in nature and requires a workflow driven approach. In addition to managing the daily risk, the team actively participates in initiatives with Change the Bank (CTB) teams as part of the automation strategy. The role includes: Performing review of Structured Notes and Exotic Derivative products. The review involves verifying and reviewing trade economics between risk systems, confirmations/pricing supplements and booking models for across product lines within derivatives. In depth understanding of the front to back process for each product (IED,FX, Rates, Credit & Commodities). Partner with Business, Legal and compliance, Technology and Risk teams to help enable new business and manage the daily processes and Risk. Be a change agent and drive the direction of the group strategically by improving the efficiency and control aspects of Trade review and Reconciliation and Control functions. Trades are reviewed within the mandated 60 days for completion of the review for structured notes and exotic trades and the hire is required to maintain the required level of review throughout this process. Produce various reports at predefined frequencies to reflect risk in the process accurately and provide visibility to stakeholders on the outstanding population of trades. Work closely with the Trading Desks, strats, Valuations and Trade Support groups across Asia, Europe and US. Continuing looking to improve and automate current processes to minimize manual intervention.
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