Associate / Sr. Associate – MSET Support Role

From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.

Morgan Stanley’s Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.

Global Markets Group is the offshoring arm of Morgan Stanley’s Equity businesses in India. It covers functions across IED ranging from those associated with sales, trading, analytics, strats to risk management.

Primary Responsibilities

Morgan Stanley Electronic Trading (“MSET”) is a global leader in equity and derivatives electronic trading. This role, based in Mumbai, requires the individual to work with MSET teams in Americas and Europe. The successful candidate will be a fast-learning, dynamic, pro-active and self-motivated individual who can assist the team in maintaining, tracking and analyzing client exposure / risk limits as well as working on FIX/Vendors reconciliation process.

The expected working hours will be 5:30 pm (local time)  2:30am (local time)

The key elements of the role are –

• Management / maintenance of MSET risk limits
• Reviewing limits across different cash and derivative products
• Development and maintenance of risk exception reports
• Running Key projects on back of regulatory and audit reviews
• Creating Risk decks to be presented to MSET stakeholders
• Periodic review and reconciliation of internal vs. vendor risk limits
• Monthly recurring reviews of vendor invoices for identification of dormant FIX connections
• Review and analysis of FIX onboarding requests for existing clients
• Risk limit policy monitoring

The basic skills required for the role are the ability to learn quickly how to navigate databases, manipulate data from these confidently in Excel and respond to requests promptly. Basic to Intermediate knowledge on SQL and VBA. Whilst specific knowledge of the Cash Equities business is not critical, an understanding of the product and the trading risks associated would be an advantage.

Skills required (essential)

We are looking for a confident and outgoing person, who has exceptional attention to detail and takes initiative.

• BMS/BSc IT Graduate with 1 - 3 years of experience. MBA would be advantageous.
• Exposure/knowledge of different equity and equity derivatives products is desirable.
• Excellent written & spoken English; Excellent business writing skills
• Excellent telephone skills (regular phone contact with team required)
• Advanced knowledge and extensive hands‑on experience with Microsoft Office - Word, Excel including macros and visual basic (preferable).
• Familiarity with SQL for working on Business Objects (BOXI) database in terms of being able to run queries, pull information and create/edit variables.
• Familiarity with databases and the ability to manipulate/analyze data confidently
• Strong analytical skills
• Attention to detail
• Team player
• Problem solving