Fixed Income Division: Business Control Unit - Client Risk Specialist
Division: Fixed Income (FID)
Job Title: Non-officer level - CSC
Location: Mumbai
Job Level: Manager/ Sr. Manager
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 41 countries.
From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.
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 Fixed Income Division is comprised of Interest Rate and Foreign Exchange Products, Credit Products, and Commodity Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities business is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading.
From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.
Primary Responsibilities
The candidate will be part of the Business Control Unit (BCU) which is dedicated to support Asia Fixed Income businesses (including Japan). The candidate will work closely with other members in the Asia BCU team across various locations (Singapore, Hong Kong, Japan, etc.) to manage client risk framework and is expected to lead tasks independently, including but not limited to the following:
- Ensure adherence to client selection and product suitability framework by BU for new client onboarding
- Work with Sales & Trading to understand the proposed client and business opportunity
- Independently review exceptions to policy and procedures
- Drive due diligence reviews for new clients to ensure all risks are reviewed and understood
- Lead the periodic KYC due diligence reviews for existing clients
- Conduct analysis to assist business heads with decision making prioritization, maintain / offboard client relationship
- Liaise with global counterparts in 1st line and 2nd line to drive policy changes, framework enhancements and technology improvements
- Responsible for ensuring that all outstanding conditions have been met prior to final approval being granted for Client Selection
Skills Required
- Excellent interpersonal and communication skills (written and verbal) for effective communication with various teams
- Good knowledge of Fixed Income products, including FX and Commodities
- Effective time management and organizational skills within a fast-paced environment Good understanding of franchise/reputational risk, i.e., identifying and analyzing regulatory, sanctions, and legal findings
- Good knowledge of entity types and corporate structures
- Highly organized, detail-oriented and thorough
- Strong decision-making, problem solving and analytical skills; ability to cope with pressure and multi-task
- Ability to plan, organize and deliver results within tight timeframes
- Ability to work collaboratively on group projects and independently on individual assignments
- Mature and professional; comfortable working in an open-floor working environment
- Willing and eager to learn and work with different teams and divisions of the Firm
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.
Posting Date
Apr 15, 2024
Primary Location
Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
Education Level
Refer to Position Description
Job
Investment Banking/Sales/Trading/Research
Employment Type
Full Time
Job Level
Senior Manager
