Director - Security Settlements Operations

We’re seeking someone to join our team as a Director in Shared Services & Banking Operations. The core responsibility of Security Settlements in the Americas is the clearance and settlement of Fixed Income and Equity Securities for all Americas markets. The group facilitates the receipt and delivery of securities on trades executed with clients or broker-dealers and liaises with counter parties, agents, BRM, Prime Brokerage and other operational stakeholders to monitor depots, manage deficits and mitigate risk associated with failing settlement obligations in a timely manner.

The Security Settlements Director will supervise a team of 3-5 individuals within our Baltimore GIC along with co-managing 10 resources at our offshore vendor eClerx. This individual will be required to ensure minimal risk from settlement activities supporting securities in the U.S, manage risk related to breaks and fails and communicate thematics to senior management, as well as develop strong relationships with key stakeholders in BRM, IED, FID and  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 Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…What you'll do in the role:

Investigate and resolve pre-settlement/settlement exceptions and post settlement breaks

Escalate risks associated with the settlement and implement risk mitigation methods

Identify areas for process improvement to strengthen the control and increase efficiency of the process

Implement knowledge of U.S. buy-in rules and regulations to manage potential risk related to in scope transactions

Deliver quality service and solutions to evolving business requirements

Lead the team and provide support and guidance in day-to-day functions and various projects

Coaching and mentoring the team, ensuring effective one to one discussions

What you'll bring to the role:

Work experience in Security Settlements (preferred)
Knowledge of Equity and/or Fixed Income products and settlement market rules (preferred)
Experience as a people manager and strong leadership skills

Ability to work in a structured, high volume and time sensitive environment

Good analytical and problem-solving skills

Attention to details and with strong risk awareness

Adaptable and flexible to changes and new challenges

Strong verbal and written business communication skills

Proficiency in Microsoft Office (Excel, Word, and PowerPoint)
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…