Analyst Dsp Equity Swaps Position Control Trade Support Jobs Vacancy in Morgan Stanley Mumbai
- Analyst Dsp Equity Swaps Position Control Trade Support
- Morgan Stanley
- Mumbai MH
- 17 May, 2018 3 days ago
Morgan Stanley Mumbai urgently required following position for Analyst Dsp Equity Swaps Position Control Trade Support. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.
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Analyst Dsp Equity Swaps Position Control Trade Support Jobs Vacancy in Morgan Stanley Mumbai Jobs Details:
Department and Group Overview
Since 2007 Morgan Stanley has been expanding its own fully-owned premier investment banking and sales & trading platform in India, providing a full range of investment banking, sales & trading, fixed income, commodities and derivative products, as well as research services. Morgan Stanley are continuing to build on this existing platform in India within the Derivatives Operations division to recognise and match the global needs of our clients.
A successful applicant will be part of an exciting opportunity to work within a well established team responsible for supporting part of the Global Equity Derivatives Business, specifically Delta One Structured Products (DSP). The team will be responsible for elements of global middle office processes that are being consolidated with Morgan Stanley India.
The team will be dedicated to providing full support to the Equity Derivatives Business Units, Financial Control Group (FCG) & Derivative Client Processing (DCP) Groups.
The group is structured to focus on independent control, risk and maintenance functions and each team member is assigned responsibility for a varied set of processes. The group will grow in size over time as more functions are migrated giving scope for future exposure to new processes, products and career progression.
The team has reporting lines to the Global Head of Derivatives Operations as well as regional reporting lines to the regional functional risk and process owners.
Scope and Purpose of the Role:
The primarily function within the team is the completion of daily tasks, including (but not limited to):
Reconciliation of Trader’s Risk products and positions to Firm books and records and investigation and resolution of breaks.
Monitoring of specific system error queues, which require investigation and resolution to ensure the trade flows downstream.
Reconciliation of Swap Vs Hedge positions.
Reconciliation of internal interest rate swaps.
Processing upcoming swaps maturities.
Investigation and resolution of realised cash flow breaks.
Production and distribution of swap reporting highlighting specific exceptions that require specific actions to resolve.
Maintaining swap shells, to include and not limited to schedules, profiles, resets.
The role involves building and maintaining relationships with the regional DSP Middle Office Teams, the Business Unit, IT and other operational support areas to ensure that controls are maintained and breaks are understood and resolved in a timely manner.
§ Minimum Bachelor or Masters degree
§ Strong numeracy and analytical skills
§ Accuracy, attention to detail, good organisation skills
§ High level English
Previous Experience Required
§ 2-3 years of previous trade support role experience with exposure to trade life cycles and process flows, reconciliation and control functions.
§ Exposure derivatives preferably Equity Derivatives.
§ Experience of servicing and working for and with a global network of people.
§ Demonstrates willingness to take ownership for role responsibilities;
§ Highly committed and self motivated;
§ High regard for attention to detail and accuracy;
§ Demonstrates strong interpersonal and communication skills
§ Ability to work to tight deadlines
This role provides an excellent opportunity to gain exposure to Equity Derivative products in a demanding and challenging environment. It provides a forum to learn about the equity products, especially Equity and Interest rate swaps with future opportunity to rotate within Derivative Operations.