Wealth Management Private Banking Operations - High Net Worth Collateral Monitoring - Director

Wealth Management Private Banking Operations - High Net Worth Collateral Monitoring - Director 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. 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 Operations

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

Background on the Position

The Private Banking Operations High Net Worth Collateral Monitoring department is seeking a Director candidate. This Director is expected to perform a broad range of Operational, Regulatory compliance, and transaction/reporting functions within securities based lending collateral monitoring. A significant part of the role will be to apply a broad range operational and regulatory controls in support of transaction approvals across the security based lending products that are funded by the Morgan Stanley Banks. The candidate should be able to communicate to Collateral Managers, Credit Risk, Technology and the field. To meet this requirement it is preferred the candidate possess comprehension of the investment markets and the rules and regulations of the financial Exchanges. Additionally, they must be capable of implementing any new firm or regulatory directives and their impact on the team's policies and procedures.

Skills required

• Strong knowledge of Microsoft Office with emphasis on Excel, Visio and PowerPoint
• Strong analytical skills
• Ability to work well under pressure and meet deadlines
• Ability to drive change and improve efficiencies on the team
• Self-motivated and willing to assume responsibility