Morgan Stanley

Account Maintenance Specialist, Associate, Core Services

Posted On

April 3, 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 a Associate in Global Banking Services team in Mumbai. They are responsible to perform the full front to back process of opening and closing external bank accounts within the Asia / EMEA and US regions.

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 Team Specialist position at Associate level within within Core Services, which is responsible for managing the timely and accurate processing of corporate events, which effect security positions and entitlements held by our clients and proprietary trading desks.

Since 1935, Morgan Stanley is known as a global leader in financial services, always 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:

•   Perform the front to back account opening and closing process for all markets globally.
•   Work with Internal Morgan Stanley Teams to complete the account opening requirements – including Legal, Global Network Management, Compliance and a variety of Business Units.
•   Manage the Morgan Stanley Signatory requests for Account Opening and Closing Documentation.
•   Understand Regulatory requirements in relation to account opening and closing (including KYC, AML etc.)
•   Ensure continued adherence from agent banks against agreed account opening & closure SLA for each market.
•   Partnership with a range of key areas, including Compliance, ORRC Client Money, Listed Derivatives, Cash Management, Global Network Management teams.
•   Ongoing timely and accurate escalation to keep Managers updated on progress.
•   Project Management: manage high focus account opening / closure requests on the back of key deliverables.
•   Ensuring the sustainability of the LEAN culture within the team, and continuing to strive to seek out operational efficiencies.
•   Subject Matter Expertise: develop current and in-depth knowledge of global markets, account opening requirements and pre-investment information.
•   Annual review and update of desktop procedures and supervisory procedures.
•   Creation and distribution of Daily / Weekly and Monthly Reporting and Metrics.
•   Knowledge of Microsoft Power tools will be an added advantage.

What you'll bring to the role:

•   Sound interpersonal skills, freely develops networks, builds consensus and develops alliances across the organization
•   Excellent verbal and written communication skills
•   Risk awareness. The ability to react quickly to issues and track them through to conclusion
•   A change agent – always challenging the status quo
•   Ability to work in a fast paced environment, both independently and as part of a team
•   Ability to meet tight deadlines and has a delivery focused approach
•   Strong sense of ownership and accountability for quality output
•   Attention to detail and accuracy is essential;
•   Highly motivated self-starter with multi-tasking abilities; ability to prioritize appropriately
•   Entrepreneurial spirit and flexibility – particularly in dealing with changing environments and different stakeholders
•   Desire to work in an environment strong in teamwork, commitment and excellence
•   Desire to build a career within the financial services sector
•   The successful candidate will be a graduate with at least 2 years relevant work experience
•   Sound understanding of operations

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.

Jobs at Mumbai

Morgan Stanley

FXEM continental Sales Support - Fi…

Freshers/Experienced

Mumbai, Maharashtra

Account Maintenance Specialist, Associate, Core Services Apply Now

Job Description

Jobs at Mumbai

More Jobs at Morgan Stanley

Actively Recruiting Companies at Mumbai, Maharashtra

Account Maintenance Specialist, Associate, Core Services