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.
Department Profile
The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution.
Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading
From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.
Background on the Team
The FID Ops Risk team is involved in number of activities that include Operational Risk Incident Reporting, BCP, Risk and Control Self-Assessment (RCSA), Control Testing and Validation, Reporting, conducting, and monitoring various committees. The team is also involved in activities that are run globally. The team covers UK and Partly US hours.
Primary Responsibilities
The role will require a fast-learning, dynamic, proactive, and self-motivated person to assist the team in:
· Assist with data collection, compilation, system extracts.
· Work with seniors within the team on raising access and entitlement requirements.
· Following specified procedures for different applications throughout the day and ensuring delivery within established SLAs.
· Maintain procedures database for reference.
· With respect to the Risk Control Self-Assessment (RCSA) / CILA Controls/ ORI events- TIRED and RECAP assisting with data extracts, data comparison, gathering materials as required.
· Assisting with follows ups and closure of triggers with respect to the FID Ops Risk system.
· Performing and executing the Risk Control Self-Assessment (RCSA) for the Fixed Income Division globally.
· Closely monitor Front line errors/Ops Risk incidents and record the same appropriately in TIRED and RECAP systems.
· Be SPOC for Business Continuity Planning for FID vertical; draw out testing plans.
· Put together operational risk committee decks (global)
· Perform validation of control triggers and closely monitor key controls.
· Raise report enhancement requests in forums.
· Work with seniors to ensure SOP's/ processes are in place for the team.
Qualifications - ExternalSkills required (essential)
· Graduate/Postgraduate with a First Class or above throughout.
· 4-6 years with a background in Risk Management, Project Management or other Financial Services role.
· Proficiency in MS Office and related applications with a specific focus on Excel and PowerPoint.
· Strong MS-Excel knowledge such as the ability to run Advanced Excel functions, Lookups, etc
· Strong written and verbal communication skills; particularly for the international environment.
· Ability to automate using VBA Macros, Power BI, etc is a plus.
· Ability to cope with pressure and multi-task in a demanding work environment.
· Professional/Mature attitude with a willingness to support and help team members.
· Has a high attention to detail, is highly organized and willing to learn.
· Ability to work collaboratively on group projects aa well as independently on individual assignments.
Skills desired
· Enthusiasm to volunteer for planning, organizing and participating in events held by the department and firm.
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.