Ops Specialist, Trading Operations Risk - Associate

Morgan Stanley
22 Aug 2017
19 Sep 2017
Contract Type
Company Profile
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.
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.

Department Profile
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. Members of the Operations team have a unique vantage point as the division touches all parts of the business, front to back. One of the largest divisions in the firm, Operations has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, we continually strive to improve while actively supporting the development of new businesses, structures and markets.

Team Profile
Trading Operations Risk has an excellent opportunity for an energetic, driven and risk aware candidate with relevant Operations experience to contribute to the creation and execution of the departments risk agenda. The role provides the opportunity to gain experience of the products and activities of the department and to build a broad network of senior stakeholders and subject matter experts.

The role requires an Associate and will be based in London. This is an opportunity which will present the right individual with a platform for demonstrating the leadership and execution qualities required to progress their career at Morgan Stanley.


The Trading Operations Risk Team is responsible for setting, executing upon and enforcing the Operations and broader firm's risk management agenda. This is achieved through partnering closely with line teams, senior stakeholders, subject matter experts, other risk teams and colleagues from across the broader organisation.

Trading Operations is the global trade capture organisation for the Institutional Securities Group (ISG). Businesses supported include Institutional Equity, Fixed Income and Commodities and activities covered include Trade Support, Position Control and Confirmations.

The team is responsible for risk management governance, design, evolution and preparation of key risk reporting to senior stakeholders. The team is also involved in various proactive and preventative risk reduction initiatives, focused deep dives and proactively drives adherence to the firm-wide risk framework, policy and standards.

Primary Responsibilities
The role will be to act as a risk manager for Trading Operations, reporting into the EMEA Trading Operations Risk lead (VP).

The individual will be working in a challenging and fast paced environment with a constantly evolving agenda. The role requires regular interaction with risk managers in all departments, divisions, line managers and communication to various levels of management within Operations and other areas in the firm.
The successful individual will have strong verbal and written communication skills and a background in a relevant financial services role, in particular experience of Operational processing and control activities.

The candidate will also be able to demonstrate leadership qualities and the ability to actively partner with the broader risk management community.

Function and product aligned Operations risk management.
Acting as a representative for the Trading Ops Risk Team.
Support risk colleagues and senior management in designing and facilitating key business aligned risk management programs and risk-aligned projects/deep dives.
Coordination with Operations Risk and Control, Audit and other Operations Risk teams to design, facilitate and execute upon initiatives, in support of governance efforts across ISG Product Operations.
Support the overall risk environment through upholding and developing the risk and control agenda and through the on-going development and evolution of key metrics.
Coordination, production and presentation of risk based information to our business and management stakeholders.
Contributing to the production of risk packs and key risk indicators, inclusive of analysis, trending, exception management and commentary.
Execute upon a potentially broad range of strategic projects, including but not limited to; reducing aged cash/stock breaks, new business initiatives, entitlements governance.

Skills Required
Experience in financial services, particularly Operations activities and ideally with experience in a line and/or risk management role. We expect that the likely candidate may have developed the necessary competencies in a similar role over a 3-5 year period.
Excellent verbal and written communication skills.
Confidence and ability to influence stakeholders and build relationships, both within Operations and across the broader organisation.
Ability to work independently, multi-task and execute in a timely fashion.
Intermediate proficiency in Microsoft Office.
Strong awareness of risk and control.
Individual should be performance-driven, proactive and able to display a proven ability to take on challenges and to execute upon key deliverables.
Flexibility to react and adapt to business needs and changing priorities.
Able to organise themselves efficiently, keep track of outstanding items and meet deadlines.
Demonstrate analytical skills and attention to detail in their prior work experience.
Candidate should be a self-starter with the ability to work either on their own initiative or as part of a broader team.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.