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
The Operations division is both the first line of defence for protecting Morgan Stanley's financial and reputational well-being, and an essential partner contributing to the firm's growth. Facing off to all Morgan Stanley businesses and interacting with all other parts of the Firm, the Operations division supports a complex, multi-faceted portfolio of businesses in full compliance with regulatory guidelines and the directives of the Operating Committee and Board of Directors. Members of the Operations team have a unique vantage point as the division touches all parts of the business, front to back. One of the largest divisions in the firm, Operations 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, we continually strive to improve while actively supporting the development of new businesses, structures and markets.
Team Profile
Morgan Stanley Shared Service and Banking Operations (SSBO) delivers industry leading operational solutions by aligning the right functions, people, processes and tools into 10 core disciplines offering tailored client service levels that are efficient, controlled and compliant with regulation. Our core disciplines are Asset Servicing, Cash Management, Data Operations, Global Banking Services, Loans Servicing, Network Management, Payments, Reconciliations, Settlements and Tax Operations.
SSBO offers firm-wide operational solutions that achieve best value for the firm. We foster an atmosphere where innovation and process excellence are encouraged; we have a footprint which maximizes the use of our operations experts globally; we provide rewarding career choices and opportunities to train and develop people.
Primary Responsibilities
The Frankfurt Cash Settlements Operations team is responsible for ensuring all activities in relation to MSESE are conducted through its supervision of the Global Cash Settlements team that have been tasked with the day to day processing of the functions (OTC Credit, Interest Rate and Equity Derivatives, Foreign Exchange and Commodity transactions).
In addition to that the Frankfurt settlements team is responsible for the management and settlement of all cash flows relating to FID products under their given client/currency coverage. The teams cover a range of derivative products and the ability to identify different product types will be important in providing clients with the correct information and in the investigation of any queries/discrepancies.