We’re seeking someone to join our team as a Security Settlement Associate based in Hong Kong supports all Business Units globally for their transaction's settlement. The team mainly covers Equity products and Fixed Income products for Hong Kong market and related Connect Scheme, for example China Stock Connect and Bond Connect market.
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 a Associate level within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.
Since 1935, Morgan Stanley is known as a global leader in financial services, continuously 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:
Handle equity and fixed income settlements in HK equity, China A stock Connect, CMU and Bond Connect marketInvestigate and resolve settlement exceptions
Perform reconciliation to ensure firm books and records match with external banks and central depository's record
Communicate with counterparty (broker and custodian) to resolve settlement issue
Handle physical certificate deposit or withdrawal request
Process ADR conversion, cross board conversions, etc
Follow up on IPO syndicate deals, EIPO subscription and corresponding settlement
Work on Process Improvement
What you'll bring to the role:
Bachelors degree
Self-motivated, lead by example, work with drive and determination
Product and operational knowledge / experience in cash equities is preferred
Strong risk awareness, ability to identify the issue, question the process and escalate properly
Strong communication skills, be able to interact and communicate effectively both internally and externally, including business unit, Exchange and senior management teams
Be able to handle multi-tasks under pressure
Adaptable and flexible to changes and new challenges
Ability to set out / apply up to date knowledge and best practices to develop solutions that add value to the firm and our clients
Ability to identify areas for process improvement to improve the control and efficiency of the process
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:
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
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.