Associate - Fixed Income Operations

We're seeking an Associate to join our team in Fixed Income Operations. We provide operational coverage to the trading, underwriting and structuring of Fixed Income securities. This includes the trade capture, reconciliation, documentation and settlement of proprietary and liquidity transactions executed by various trading desks. The essential focus of this team is to ensure all operational risks are recognized and managed and that internal controls are complete and operating effectively.

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.

Products supported include:
Municipal Bonds, Commercial Paper, Floating Rate Notes, Tender-Offer Bonds, and Corporate Bonds. The Associate role will be an integral part of managing risk for the fixed income operations group on a daily basis.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on

• Partnering closely with Trading and Sales to provide the first level of control and escalation
• Responsible in ensuring that the trade bookings are correctly reflected in the trading risk systems and tie out with the Counter party
• Ensuring that all trades are booked and confirmed as intended by checking the Trading system vs internal Morgan Stanley systems, liaising with Trading, Sales, Brokers or the Counter party directly
• 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
• Responsible for ensuring current controls are followed, manage critical projects or process improvements with IT and Projects Groups
• Analyze and break down ambiguous or complex issues into concrete deliverables and takes responsibility for ensuring deliverables are met
• Understanding risk implications of Fixed Income operations
• Participate in the U.S. Treasury Auction process
• Working with trading desk, sales, and other operations group to ensure proper trade processing and reporting
• Managing stakeholder relationships across the business unit
• Assisting on any issues, and providing timely escalation to trading desk and Operations senior management

• Bachelor’s degree or equivalent required
• 2-6 years of experience in the financial industry
• Strong risk management and control mindset
• Individual needs to be performance-driven, proactive, with proven ability to take on challenges, set and execute agenda. Candidate should be a dynamic self-starter with the ability to work either on their own initiative as well as be a solid team player with strong problem solving skills
• A willingness to engage in a wide range of issues at all levels of detail will be vital
• Ability to multi-task, prioritize and be flexible to changing priorities and demonstrate good organizational skills
• Good interpersonal skills to build cross-divisional relationships; gain support and respect from key stakeholders (Business Unit, Operations, FCG, Legal & Compliance)
• Ability to multi-task in a high intensity environment. Willingness to transfer knowledge is imperative
• Ability to deliver on plans, complete next steps and resolve issues in a timely manner
• Proficiency in Excel
• Multi-Tasking and time management skills are critical
• Ability to identify and elevate issues to senior management and to trading desk(s)
• Work well in a time sensitive environment
• Self-starter, who is willing to ask questions

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a…