Collateral Operations Director

We're seeking someone to join our team as a Collateral Operations Director in ISG Financial Resources Operations to support our support our front to back collateral and margin call processing across the OTC Derivatives products with institutional clients.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Supervisor position at Director level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

The Baltimore Collateral Operations team provides collateral calculations and exposure monitoring for clients based across the globe. This team is responsible for all aspects of collateral monitoring and works closely with the regional business unit risk managers, sales, operations and documentation groups. The team performs margin calculation based on the margin documents and to ensure that the exposures are within the defined comfort levels so as to minimize the Firm's exposure to counterparty and market risk.

What You'll Do In The Role

• Serve as the primary supervisor within specific collateral coverage with accountability to associated risks
• Manage direct reports, leading 1:1s and career development, attracting and retaining high quality talent in line with our leadership commitments
• Introduce greater automation in processes through management, execution and delivery of Transformation initiatives.
• Review resources to ensure adequate coverage to deliver BAU commitments, highlighting current and future needs to manager
• Perform and monitor various control activities and reports, KRIs and KPIs to ensure proper risk management
• Drive global consistency in process, risk and management tools
• Perform day-to-day supervision of margining process to ensure margin calculations are in accordance with the policies set
• Manage both internal and external client escalations and relationship regarding the daily OTC collateral process
• Troubleshoot problems arising on an ad-hoc basis and react to BU and Client driven demands
• Work with multiple units in operations, BU, risk, legal, compliance and technology on projects and initiatives including delivery on regulatory requirements
  
  

Role is Hybrid and will require in office attendance 3 days/week.

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity

What You’ll Bring To The Role

• Ability to lead by example, work with drive and determination, adapt management style to suit individuals and ensure team is well supported with a sense of purpose
• Prepared to challenge the status quo, raise concerns and create/implement solutions to meet the needs of the team
• Is a self-starter who takes individual ownership for work quality and improvement
• Strong interpersonal and relationship management skills, being able to communicate clearly and concisely, moderating style and delivery to suit different parties and media
• High level of integrity and risk assessment, keeps track of multiple outstanding items and meet tight deadlines
• Culture carrier across Operations, embracing the Firm's core values and acting as a role model
• Experienced in delegation, organizational and people management
• Good understanding of financial products, including equity/fixed income OTC derivatives
• Must obtain Series 99 license within 6 months of hire if not already obtained
• At least 4 years relevant experience would generally be expected to find the skills required for this role
• Bachelors Degree required, preferably in a financial related field
  
  

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity

We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

What You Can Expect From Morgan Stanley

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

We're committed to bringing passion and customer focus to the business.

Salary range for the position: $62,000 - $104,000 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition toother special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).