Corporate Actions Director - Shared Services and Banking Opeations
New York , New York
August 16, 2016
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.

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.

Firmwide Operations
Firmwide Operations includes Shared Services and Banking Operations (SSBO), Operations Risk and Control, Global Project Group and Metrics, Branch Operations and Divisional Management. Shared Service and Banking Operations delivers industry leading operational solutions by aligning the right functions, people, processes and tools into ten core disciplines offering tailored client service levels that are efficient, controlled and compliant with regulation. Our core disciplines include: Asset Servicing, Cash Management, Client Data Management, Global Banking Services, Loans Servicing, Network Management, Payments (Wireless and Disbursements), Reconciliations, Settlements and Tax Operations. Operations Risk and Control ensure adequate controls are in place, through providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations.

The Voluntary Corporate Actions Department is responsible for managing and controlling high levels of risk and liability inherent in the various functions with voluntary corporate actions. The incumbent is responsible for voluntary corporate actions custody functions related to US, Canadian and Latin American securities.

S/He will be responsible for processing complex/high volume voluntary corporate action events. This includes the daily interpretation and notification of corporate action events as well as the reconcilement, monitoring, and posting of entitlements to the books and records. S/he will be responsible for soliciting and receiving responses from account clients service teams/Investment Managers and trading assistants and for submitting these instructions to the depositories, agent, and/or brokers prior to established market deadlines. S/he will work on multiple various systems to perform corporate action processing. This includes creating announcements, sending client instructions and posting cash and security transactions. The incumbent is responsible for performing daily reconciliations for cash, security, and suspense transactions as well as adhering to established policies and procedures, responsible for responding to customer (internal and external) inquiries in a timely manner.

The individual should have a minimum of 5 years voluntary corporate actions managerial experience with a detailed understanding of the process front to back. The individual must be detail oriented, forward thinking, and have the ability to both manage a small team of independent resources in a fast paced, deadline driven, risk oriented environment; as well as, have the ability to provide support in the daily execution of key tasks when needed. Customer service competency is a must with excellent written and verbal communication skills, ideally with experience in working with Prime Brokerage Sales and / or Hedge Funds. The role is a supervisory role and requires Series 99. The candidate should already have passed the Series 99 exam (or equivalent) or be prepared to take and must pass the exam within the first 6 months in the role. Experience using Microsoft Office (Excel, Outlook, Word) is required. The candidate will require the ability to multitask and take ownership of complex issues, be required to meet deadlines as well as be able to work effectively as part of a team.

A little about us:
Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services.

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