Director (AVP) - Interest Rates Cash Trade Operations

We're seeking someone to join our team as a Director in Operations to be part of the Interest Rates Trade Support Group supporting the US Treasury business. At this level, the candidate is expected to be able to review, recommend and implement updates and changes to processes that are inefficient through process optimizations and/or technology.

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. This is a Team Supervisor position at Director level 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:

• Serve as the primary supervisor within specific line or project area with accountability to associated risks

• Manage direct reports, leading 1:1s and career development, attracting and retaining high quality talent in line with our leadership commitments

• Review resources to ensure adequate coverage to deliver BAU commitments, highlighting current and future needs to manager

• Share expert knowledge across the team, contributing to team output and ensuring diverse viewpoints are heard

• Partnering with Trading and Sales to provide the first level of control and escalation that trade bookings are correctly reflected in the trading risk systems and tie out with the Counterparty

• Ensure that there's updated documents and procedures on processes to ensure we meet industry compliant standards and ensure that other team members are trained across the globe

• Multi-task to resolve breaks across execution to settlements through root cause analysis and partnership with other teams alongside day to day new trade activity

• Serve as an intermediary between the Trading desk and other areas of the Bank. Controllers, Settlements and Confirmations areas will come to you to discuss and resolve issues to ensure that breaks are resolved effectively

• Participate in US Federal Treasury Auctions for government securities in various capacities and perform the booking of auction trades in MS systems

What you'll bring to the role:

• Ability to lead by example, work with drive and determination, adapt management style to suit individuals and ensure team is well supported with a sense of purpose

• Prepared to challenge the status quo, raise concerns and/or needs of their team members

• Ability to pitch communication appropriately according to the audience and demonstrate active listening skills

• Culture carrier across Operations, embracing the Firm's core values and acting as a role model

• Strong communications skills with the ability to take large complex flows and distill down to simple processes then communicate those succinctly to management and key stakeholders

• Ability to partner and work collaboratively on a daily basis with different teams to create scalable solutions

• Strong organizational and project management skills to track various deals statuses and ensure ongoing lifecycle management as well as process change management

• Product Owner mindset to develop/re-engineer the front-2-back process on top of the BAU activities

• Fixed Income experience preferred with the ideal candidate having Government Bond experience

• Must obtain Series 99 license in first 3 months of employment.

• At least 4 years' relevant experience would generally be expected to find the skills required for this role

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.

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Expected base pay rates for the role will be between $82,000 and $133,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).