Morgan Stanley

FX Settlements, Associate, Product Support & Services ISG

Posted On

Feb. 4, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

May 7, 2025

Job Description

We’re seeking someone to join our team as an Associate to join our ISG Aligned Operations Team is responsible for affirming and confirming that trades are agreed with counterparties, economic terms of the transactions are agreed and that we have sign off / exchange the legal documents produced by the drafting group.

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 an Associate position within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:

Work on day-to-day Cash Settlements functions (FX).
Ensuring timely settlement of cash flows and Investigation and resolution of fails.
Subject Matter expert for function and product covered within the group.
Analysis of current processes and identification of process/system to increase efficiencies.
Attention to detail and accuracy.
Supporting applicable Change the Bank and Run the Bank Projects impacting the team, from inception; providing SME support, testing and monitoring into Production and be actively involved in UAT testing.
Escalation point for issues and discrepancies with external and internal counterparties.
Ensure timely settlement of cash flows and resolution of fails.
Ability to think out of the box and work on identification of process/system to increase efficiencies.
Client and Business Unit relationship management.

What you’ll bring to the role:

Experience within a Settlements or applicable product related role.
Bachelor's Degree.
Strong analytical, organizational, and verbal and written communication skills.
Proven ability to work efficiently and accurately under pressure in a fast paced-multi tasking environment.
Proactive and self-motivated.
Strong Microsoft Excel and Word skills.
Flexible working in Shift (Asia or EMEA)
Proactive and self-motivated.

At Morgan Stanley India, we support the Firm’s global businesses across Institutional Securities, Wealth Management and Investment management, as well as in the Firm’s infrastructure functions including Technology, Operations, Finance, Risk Management, Legal and Corporate Services. Morgan Stanley has been rooted in India since 1993, with modern campuses in both Mumbai and Bengaluru. Learn more about our unmatched culture in Morgan Stanley India.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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

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