AddressVice President - India Fixed Income (Operations)
Job Number:
3248824
POSTING DATE: Mar 22, 2024
PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
EDUCATION LEVEL: Master's Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President
DESCRIPTION
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.
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 India Branch Ops Team supports the onshore IED (Cash Equity), Listed Derivatives - Trading & Clearing and FID business in a highly regulated environment. The team performs all front to back functions which include Account Set up, Trade Management, Position Management, Risk Management, Settlements, Cash Forecasting, Cash Management and Regulatory Reporting.
Background on the Team
The FID Ops team supports the Onshore India FID Income Business. The team supports Trade Support, Trade Reporting, Trade Settlement, Regulatory Reporting, Collateral Management functions across various Fixed Income products and now looking at FX-Foreign Exchange. India Fixed Income market has significant complexity and regulatory reporting requirements. Ops resources are required to have good knowledge of regulations, market practices, coordinate with traders, setup and manage counterparty relationships, work on exchange applications to monitor margins and collaterals, coordinate with Exchanges, Agent Banks for operational issues, performing activities like Trade Support, perform regulatory reporting, intraday Risk limits monitoring, Settlements, Collateral Management as per local requirements etc.
QUALIFICATIONS
India FX Specialist who has worked in a India Bank or a Overseas Bank Branch in India and hands on practical experience on RBI regulations specific to India FX market.
The person for this role will have to be hands on with the India FX Regulatory Framework and front to back product flow
The person for this role will have to be hands on with the India FX Regulatory Framework and front to back product flow
Knowledge of RBI & CCIL reporting
Proficiency in Interbank, Bilateral and CLS Flow
Knowledge of front to back operational flow for all FX products
SWIFT Knowledge
Handling regulatory inspection and audits
Qualifications - Internal
Skills required (essential)
- Strong customer service focus, interpersonal and communication skills
- Ability to absorb information and learn quickly
- Sound Technical knowledge
- Exhibit a strong sense of urgency, accountability, ownership
- Being Accurate, Taking Initiatives
- Well conversant with Fixed Income market rules and regulations preferred
- Knowledge of Local Rules & Regulations
Skills desired
- Experience in client servicing
- Good verbal and written communication skills
- Ability to work under pressure with strict timelines
- Ability to handle critical situations
- Good interpersonal skills
- Strong Control focus
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.
