Singapore Branch Operations, Department Manager - Executive Director
- Permanent, Full time
- Morgan Stanley
- 18 Jan 19
See job description for details
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 747 offices in 42 countries.
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. 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.
The Singapore Branch Operations team will provide trade support across the Institutional product range (Cash Equity and Fixed Income, Listed Derivatives, Equity Derivatives, Fixed Income Derivatives and Commodities) as well as client processing for Cash Equity and CCP Margin and Regulatory Reporting for Listed Derivatives. Additionally the team will be responsible for supervision of Operations activities outsourced to other in-house affiliates or third party vendors.
The candidate will lead the Asia Branch Operations (ABO) team in Singapore. The Singapore ABO team will be responsible for front to back Operations support across multiple institutional products including Equity and FID Cash, Equity and FID OTC Derivatives, Listed Derivatives and Commodities. The role will require extensive interaction with Regulators and Exchanges, Sales/Traders, other Infrastructure Departments and regional and global Operations teams. The candidate will be responsible for managing the Singapore team and providing supervisory oversight for functions offshored to outsourced to Morgan Stanley affiliates or outsourced to third party vendors. Singapore ABO will be a new team formed in 2019. Singapore ABO will be part of the broader Asia Branch Operations team which has well established and high performing teams in each of Australia, China, India, Indonesia, Korea and Taiwan. The position presents the candidate an exciting opportunity to play a leading role in recruiting and training a new team and delivering high standards of execution.
Key Areas of Responsibility
Leading in the build out of the business platform, Operation teams and related infrastructure
Ensuring business processing is in compliance with Firm policy/procedure and local regulations;
Complying with all regulatory filing and reporting requirements;
Establishing the related infrastructure to support new products or business initiatives;
Looking for process or system improvements to increase capacity and mitigate risk;
Managing staff performance and development;
Be able to build and maintain relationships at all levels of the firm’s, clients’, and outsourcing agent’s organization including strong partnerships between branch operations team and global/regional functional leads and SME’s
- High personal commitment and integrity;
- Sound product, business and operational knowledge;
- Strong understanding of local regulations and experience of dealing with regulators and market infrastructures;
- Strong leadership and management skill and able to motivate and develop people;
- Ability to put forward new ideas, drive new initiatives, and achieve important deliverables;
- Good communication and organizational skills, able to interact and work effectively across functional/locations;
- Detail oriented with strong risk awareness and able to perform operational responsibilities to a consistently high standard