Collateral Operations Director (AVP)

Collateral Operations Director (AVP)

Job Number : 3258876

3258876

Posting Date

Sep 24, 2024

Primary Location

Americas-United States of America-Maryland-BaltimoreEducation Level : Bachelor's Degree

OtherEmployment Type : Full TimeJob Level : Director

Description

We’re seeking someone to join our team as a Collateral Operations Director in ISG Financial Resources Operations to support our support our front to back collateral and margin call processing across the OTC Derivatives products with institutional clients.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships.

This is a Team Supervisor position at Director level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions.

Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.

S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards.

Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on

What you’ll do in the role :

• Serve as the primary supervisor within specific collateral coverage with accountability to associated risks
• Manage direct reports, leading 1 : 1s and career development, attracting and retaining high quality talent in line with our leadership commitments
• Review resources to ensure adequate coverage to deliver BAU commitments, highlighting current and future needs to manager
• Share expert knowledge across the team, contributing to team output and ensuring diverse viewpoints are heard
• Manage client escalations regarding the daily OTC collateral process
• Identify and encourage improvements and automation opportunities in the team’s daily processes
• Troubleshoot problems arising on an ad-hoc basis and react to BU and Client driven demands
• Work with multiple units in operations, BU, risk, legal, compliance and technology on projects and initiatives including delivery on regulatory requirements #LI-JO1

Qualifications

What you’ll bring to the role :

• Ability to lead by example, work with drive and determination, adapt management style to suit individuals and ensure team is well supported with a sense of purpose
• Prepared to challenge the status quo, raise concerns and / or needs of their team members
• Ability to pitch communication appropriately according to the audience and demonstrate active listening skills
• Culture carrier across Operations, embracing the Firm's core values and acting as a role model
• Must obtain Series 99 license within 6 months of hire if not already obtained
• At least 4 years’ relevant experience would generally be expected to find the skills required for this role
• Bachelors Degree required, preferably in a financial related field

Role is Hybrid and will require in office attendance 3 days / week.

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years.

At our foundation are five core values putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration.

Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world.

Learn more about how we put this commitment to action : morganstanley.com / diversity

We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence.

Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools.

We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership / union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M / F / Disability / Vet). #LI-JO1