Posted by 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.
Security Settlement Associate (m/w/d)
Job Description:
Ensuring securities settlement instructions are entered into the market correctly on behalf of Morgan Stanley Bank AG
• Ensuring correct settlement and safe-keeping of assets under custody with Morgan Stanley Bank AG
• Ensuring that the operations department correctly records all trading and custody related transactions entered into by Morgan Stanley Bank AG and its clients are properly reports to internal and external bodies
• Control all activities performed in accordance with the team and firm’s risk control framework
• Check and investigate unknown stock receipts; monitoring suspense items in Safe, reflecting correct bookings
• Notifying MS international client-Service-Groups about unmatched / mismatched / pre-matched trades/partials/nettings
• Partner with Local and International Teams in clearing settlement queries.
• Monitoring instructions for cross border conversions, amending instructions where applicable
• Escalation of problems with the above functions to supervisor and/or manager as per escalation matrix
• Reconciliation of positions between the internal security delivery system “SAFE” and the custody account “QWest” and the entry of clearing entries
• Processing and answering telephone and written inquiries from international customers and counterparties for business transactions
Skills required
• Educated to a degree or equivalent academic level
• Fluent in written & spoken English is required
• Fluent in written & spoken German is preferred
• Relevant industry experience
• Experience of working in the following Operational process is required – Securities Settlements
• Strong confident communicator (written and oral)
• Knowledge of operational functions and processes of a broker dealer
• Cross product knowledge
• Focus on risk and displays the ability to react quickly to issues and see them through to conclusion
• A change agent – always challenging the status quo
• Strong stakeholder management skills
• Sound interpersonal skills, freely develops networks, builds consensus and develops alliances across the organization
• Ability to work in a fast paced environment
• Ability to meet tight deadlines and has a delivery focused approach
• Strong sense of ownership and accountability for quality output
• Attention to detail and accuracy
• Highly motivated self-starter with multi-tasking abilities; ability to prioritize appropriately
• Entrepreneurial spirit and flexibility
• Desire to work in an environment strong in teamwork, commitment and excellence
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