Associate/ Senior Associate - FID COO BCE (Fixed Income Division)

Job Description

Division: Fixed Income Division

Job Title: FID COO - BCE

Location: Mumbai

Job Level: Associate/Analyst

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 manage 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 in energy, metals, and agricultural product trading worldwide whose professional’s trade in both physical and derivative commodity risk.

Background on the Team

BCE Team is a very new team mainly being run from NY with a focus on Business expense like Brokerage, Commission and Expense. With the growing concern on cost this is a huge pressure to bring down cost and BC&E team works with Business to help identify the area where opportunity exits. Team works closely with Sales, Trading and Finance to check various BC&E cost and identify opportunity to reduce cost. Role also involves negotiations with external parties to convert the identified opportunity into realised savings for the firm.

Primary Responsibilities

• Transparency: Work closely with Finance team, Desk Strategists, and Technology to build out granular level cost allocation models across asset classes
• Automate Management Reporting: Develop internal reporting across all levels of the organization to enhance accountability of execution spend.
• Data Analysis:Manipulate vast data loads to produce meaningful business analytics, identifying trends, outliers, and optimization opportunities.

Qualifications

Responsibilities

• Communication: Produce and present management reports spanning all Fixed Income trading desks
• Data Integration: Facilitate information build out in front office risk & management information systems.
• Negotiation Strategy: Apply data analytics to drive ongoing vendor negotiation conversations.

Skills desired

• Excel, Alteryx & Financial reporting, Basic knowledge of FID products would be a plus.

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.

For further information, and to apply, please visit our website via the “Apply” button below.