Derivative Margin and Collateral Operations Manager, Vice President- Investment Management Operation

  • Company: Morgan Stanley
  • Location: West Conshohocken, Pennsylvania
  • Posted: November 11, 2017
  • Reference ID: 3100347
The Manager of the Derivative Margin and Collateral Operations Team will work in the Global Derivative Operations area of Morgan Stanley Investment Management supporting the Long Only, Liquidity, Alternatives, and Merchant Banking / Real Estate businesses. Morgan Stanley Investment Management is a leader in the global investment management business and its Operations Group serves the firm?s portfolio managers and associated teams by providing high quality support through excellence in processing, reporting, and management of strategic initiatives.

MSIM Derivative Operations is increasing its support of critical areas impacted by new regulatory requirements and expanding business initiatives by looking for a leader that will manage a team focusing on the operational processes required to onboard new clients and funds for derivative trading and manage account relationships with counterparties, clearing brokers, and clearinghouses. This group of professionals manages a variety of global risk control functions within the department including, but not limited to:

? Margin and collateral management for listed and OTC derivatives, repurchase agreements, and mortgage-backed securities
? Reconciliation review and resolution
? Account onboarding
? Regulatory projects

The ideal candidate for this role is a person that has a deep asset management background, carefully considers details, has a strategic focus on streamlining and integrating infrastructure, understands and focuses on process and control, and has sound judgment and problem solving skills.

? Manage a global team of individuals focused on daily margin and collateral processing responsibilities
? Oversee daily reconciliation review and resolution
? Interact and build relationships with various third party service providers, such as custodians and accountants
? Partner with internal teams including Operations, Legal and Compliance, Technology, and the Investment Teams to ensure efficient administration of the function
? Review and govern the control framework to ensure proper risk management and escalation
? Continually review and improve processes to achieve maximum efficiency and effectiveness
? Support current business initiatives within the team
? Understand key regulatory changes that impact derivative operations and work with internal teams to ensure regulatory demands are met
? Any other duties as assigned

Requirements / Preferences

? Bachelors Degree (Finance, Economics or Accounting preferred) and a minimum of 5-7 years experience in financial services operations or similar role
? A good understanding of the investment industry and various financial products
? Prior experience in margin and collateral management preferred with experience in OTC confirmations, derivative legal agreements, and counterparty credit risk a plus
? Experience managing people and multiple processes
? Facility with common corporate technology platforms and applications including MS Word, Excel, Outlook, Sharepoint, and Adobe Acrobat Pro
? A high degree of organization and an orientation toward strict attention to detail
? Thorough understanding of the legal and regulatory concepts governing client confidentiality
? Demonstrated success working in a high volume, high intensity environment and an ability to get closure on issues promptly
? Proven record of collaborating with a diverse group of colleagues across geographic and functional boundaries
? Excellent oral and written communication skills
? Professional maturity, self-confidence, decisiveness and outstanding business judgment
? Ability to work independently

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