THE DEPARTMENTAs part of a department transition from Singapore to Bangalore, this middle office opportunity sits within the Private Wealth Management (PWM) Asia Operations team based in Bangalore, an PWM Operations hub with a growing presence year-on-year. PWM Operations has a strong presence in Bangalore, Hong Kong, Australia, and SingaporePWM Operations support the PWM business unit located in Hong Kong, Singapore, and Australia. PWM is a Morgan Stanley private banking business centered on providing investment/banking solutions to its Ultra High Net Worth client base.TEAM PROFILEThis middle office team (also known as Trade Support) comprises of dedicated professionals, performing a myriad of functions, all with a common purpose: to provide front to back trade support to our PWM clients for products such as Equity, Fixed Income, Mutual Fund, Hedge Fund and Equity and Fixed Income Structured Notes. Front to back functions include trade booking, reconciliation, settlement oversight, and ad-hoc & project involvement. This role will give the candidate a significant opportunity to become a subject matter expert across a number of products under Wealth Management business context while providing daily interaction with the Asia based business unit.The role will require the candidate to work Asia hours (Hong Kong/Singapore).Primary responsibilities include, but are not limited to:Monitoring trading systems and booking trades on a TD basisPerform daily reconciliation and clearance of positions/balances breaks, timely escalate to supervisor on any outstanding breaks by day end.Daily interaction with the Sales & Trading Desks and PWM business unit answering via phone any ad-hoc requests/trade related questionsDemonstrate strong process knowledge of business process on the products managed under the candidates remitEnsure that colleagues are adequately cross trained to cover planned or unplanned absence.Escalation and thorough documentation of all issues / breaks to Supervisor / Manager.Actively embrace process re-engineering to streamline / improve existing processes. Active involvement in project work.Ensure compliance / adherence with Service Level Agreements.At least 4-8 years' experience (depending on role grade) in the financial services sector such as a middle office / trade support role. Relevant experience in cash equity, fixed income, mutual funds, hedge funds, structured notes/derivatives products will be an added advantage.Excellent verbal and written communication abilities. The role will require daily phone calls with traders and PWM business unit.Superb attention to detail, accuracy & quality, with mathematical skills (PnL calculations)#Strong time management and task prioritization skills. Ability to work Hong Kong hours to ensure all deliverables are performed within required timescales before day end.Focus on risk guardianship, ensuring that issues are identified, escalated, resolved and reported on a timely basisPassion, energy and enthusiasm. Is a self-starter who takes individual ownership for work quality and improvement.Ability to work well under pressure and time criticality tasks considering the T+0 nature of the transactionsAbility to absorb information and learns quickly whilst displaying self-starter characteristics.Innovation and continuous improvements: mind-set to challenge the existing processes and status quo.Required strong proficiency in Microsoft Excel (including formulas and managing large scale data)Attention to detailsWork independentlyProactive and self-motivatedResult-focused mindsetMorgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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
