Manager - FID Asia BCU Role (Fixed Income Division)
- Recruiter
- Morgan Stanley
- Location
- Mumbai (MSA)-Maharashtra-India
- Salary
- Not disclosed
- Posted
- 28 Oct 2024
- Closes
- 25 Nov 2024
- Ref
- 3254378
- Approved employers
- Approved employer
- Job role
- Accountant, Compliance/risk, Financial analyst, Financial planning & analysis, Internal audit
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Manager
Description
Division: Fixed Income Division
Job Title: Asia Business Control Unit (BCU)
Job Level: Non - Officer
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 41 countries.
From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.
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 ethics. 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 Foreign Exchange Products, Credit Products, Commodities, and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Fixed Income Division is a market leader across a broad range of markets, with expertise in areas including client risk management, financing solutions, and investor products Sales & Trading.
From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.
Primary Responsibilities
The candidate will be part of the BCU team which is dedicated to support Asia Fixed Income businesses (including Japan) and is expected to be comfortable leading tasks independently. The candidate will work closely with other members in the Asia BCU team across various locations (Singapore, Hong Kong, Japan, etc.). Daily or regular tasks related to the risk management function include but are not limited to:
- Ensuring a standardized and consistent approach for the Division to adhere to risk management policies and procedures
- Managing operational risk incidents, general operational queries/issues, and specific programs such as the Risk & Control Self-Assessment (“RCSA”)
- Participating in new client review and ongoing review for existing clients
- Developing and designing new controls & processes within first line
- Monitoring various risk management reports & controls e.g., Internal / Reg limits, trader mandates, non-standard settlement / extended settlement, etc.
- Managing the Business Continuity Strategy for the Business
- Supporting regulatory enquiries/inspections/applications, internal audits, and compliance testing that impact the Division
Qualifications
Skills Required
- Excellent interpersonal and communication skills (written and verbal) for effective communication with various teams
- Effective time management and organizational skills within a fast-paced environment
- Good understanding of Franchise Risk, i.e., identifying, analysing, and prioritizing regulatory, sanctions, and legal findings
- Highly organized, detail-oriented, and thorough; self-motivated, with a desire to help improve processes and work together in a team
- Strong decision-making, sound judgment calls, problem-solving, and analytical skills; ability to cope with pressure and multi-task
- Ability to plan, organize, and deliver results within tight timeframes
- Ability to work collaboratively on group projects and independently on individual assignments.
- Mature and professional; comfortable working in an open-floor working environment.
- Willing and eager to learn and work with different teams and divisions of the Firm; Ability to interact with stakeholders of varying seniority in different groups
- Solid working knowledge of Microsoft Office
- Be able to find balance between commerciality and prudent risk management.
Preferable Skills:
- Hold a professional qualification such as CFA, FRM, or PRM
- Good knowledge of Fixed Income, FX, or Commodities products
Morgan 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.
For further information, and to apply, please visit our website via the “Apply” button below.