PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-Glasgow
Trade and Transaction Reporting – Run the Bank AVP
Glasgow
3232159
The Operations division is both the first line of defence for protecting Morgan Stanley's financial and reputational well-being, and an essential partner contributing to the firm's growth. Facing off to all Morgan Stanley businesses and interacting with all other parts of the Firm, the Operations division supports a complex, multi-faceted portfolio of businesses in full compliance with regulatory guidelines and the directives of the Operating Committee and Board of Directors.
This Director level role is within the Trade and Transaction Reporting Operations (TTRO) team, who are responsible for ensuring the timely and accurate submission of transaction reporting obligations. There is also a requirement to centrally coordinate, manage and control this process across vendor and other geographical locations to ensure regulatory reporting exceptions are managed effectively on a daily basis. Given the ever changing regulatory landscape, technology priorities are aligned to areas of maximum exposure and Operations are receiving the necessary rule guidance and interpretation from Compliance to support new and existing requirements effectively.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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. We 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.
What will you be doing?
Be responsible for the accurate and timely reporting of transactions under MiFID II; highlighting analysing and remediating regulatory reporting issues.
Be responsible for coordinating across multiple stakeholders such as Technology, Client Relationship Managers, and Trade Support Groups (TSG), to undertake the appropriate remediation steps to resolve reporting issues seen in the MiFID II regime.
Monitor transaction reports and exceptions whilst ensuring that product areas are actively resolving outstanding exceptions on a daily basis.
Work as part of the team to review controls within the process to ensure timely and accurate compliance of regulatory rules.
Liaise with multiple Operations line teams to provide guidance and support for transaction reporting.
Assist with the delivery of training on the transaction reporting systems, together with documenting and maintaining standardised departmental procedures.
Take ownership for and follow through to conclusion on any issues or questions submitted by Operations teams.
What we’re looking for:
Knowledge of Derivative Products preferable. Including Listed Derivatives, FX, Commodities, Equity, Credit and Interest Rates.
Ability to work independently as well as part of a team, including interfacing across all levels and with Vendors.
Strong verbal and written communication skills
Strong analytical and problem solving skills
Ability to work to stringent deadlines
Ability to partner with colleagues across functions and lead effectively across geographical boundaries
Strong experience of MS Office, particularly Excel
Strong functional knowledge of Operations and trade lifecycle preferable
Familiarity with regulatory reporting regulation rules and requirements preferable
Familiarity with Morgan Stanley Operations systems, processes and frameworks preferable
Certified Persons Regulatory Requirements:
This role is deemed as a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
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.