Operations Support - Level 1

at Morgan Stanley & Co

location New York City, New York

Updated on Apr 15, 2019

Contract Position
7 month(s)

  • Referral Bonus

    $500

    approx.
  • Signing Bonus

    $500

    approx.

Pay Rate $18.33 per hour

Experience 3-7 Years

Eligibility Green Card, US citizen

Industry

Finance (non Banking)

Travel

Not Specified

Job ID

VASDC655366

Working Remotely Allowed

No

JOB DESCRIPTION

Primary Responsibilities :
The individual will be responsible for the management of disputes with Institutional and Hedge Fund counter parties under the provisions of ISDA Credit Support documentation. The products supported are very broad, encompassing Fixed Income and Equity derivatives, with some Repo and Commodities derivatives as well. The candidate will support disputes both on Variation Margin and Regulatory Initial Margin required under Uncleared Margin Rules (UMR)

Responsibilities of the role include:
- OTC derivative exposure management for Morgan Stanley
- Proactively explore tactical and strategic solutions to close identified control gaps, working with other groups as appropriate.
- Maintain a clear focus on enhancing control and continuously improving and reducing operational risks.
- Troubleshoot problems arising on an ad-hoc basis and react to Business Unit and Client driven demands.
- Strong team working skills with supervisory and line trade processing experience.

Skills Required:
- Bachelor’s Degree or equivalent: analytical, financial or mathematically related subject favoured
- Candidate should have a good understanding of front to back trade booking flows
- Some understanding of the key fields within a CSA document impacting margin calls
- An awareness of recent regulatory developments impacting OTC collateral
- Some knowledge of the SIMM calculation and inputs is preferred but not essential
- Good analytical skills are essential for the role, attention to detail will also be a requirement
- Good interpersonal and relationship management skills, being able to communicate clearly and concisely.
- The candidate will be required to convey issues succinctly to front office stakeholders and to reach timely resolutions with counterparties
- Candidate should be able to organize themselves efficiently as they will need to prioritize and keep track of multiple outstanding items while working to meet daily deadlines
- Candidate should be a self-starter with the ability to work either on their own initiative as well as be a solid team player.

Top Three skill sets you are looking for:
a. Good interpersonal and relationship management skills, being able to communicate clearly and concisely.
b. Good analytical skills are essential for the role, attention to detail will also be a requirement
c. Candidate should have a good understanding of front to back trade booking flows 

Similar Jobs

BRILLIANT FEATURES

Earn money by referring your friends to their next dream job, or find a job for yourself and the Referral Bonus becomes a Signing Bonus. Full time or Contract.

  • Make Money

    We’ll give you between several hundred and several thousand dollars for every successful referral.

  • Help Your
    Friends

    Job applications with personal recommendations are twice as likely to get hired.

  • 100% Free

    Absolutely zero sign up and subscription fees. We want to pay YOU!

  • Signing Bonuses

    All jobs on iEndorseU come with a Signing Bonus if you find a job for yourself

  • No credit card needed

    We pay you directly through Paypal, so keep your personal information…personal.

  • Sponsor others

    Get others to download our app and we will pay you $100 whenever they next get a job through our platform.

All the ways to make money from us