What are the responsibilities and job description for the Private Wealth Management Asia, FX/Rates Night Shift Role, Hong Kong position at Morgan Stanley?
About The Firm
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.
About The Division
Morgan Stanley Private Wealth Management Asia is an integrated business within Institutional Securities. We provide highly personalized, best-in-class investment advice, execution services and wealth management and banking solutions to Ultra High Net Worth individuals and families across the region.
Key Responsibilities
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.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.
About The Division
Morgan Stanley Private Wealth Management Asia is an integrated business within Institutional Securities. We provide highly personalized, best-in-class investment advice, execution services and wealth management and banking solutions to Ultra High Net Worth individuals and families across the region.
Key Responsibilities
- Night shift (overseas market hours: 7 pm – 4 am / 8 pm – 5 am ) and holiday coverage required
- Handle various products with emphasis on FX. Additional products include cash equities, fixed income, exchange traded derivatives and structure products
- Handle trade execution and monitoring and maximize best execution of orders for clients / RMs
- Liaise with Operations to ensure trade allocation and settlement are completed smoothly
- Communicate with RMs and clients across different regions in Asia who invest in overseas markets such as US and Europe with market information, flows, price movements and general queries
- Liaise with internal and external counterparties to ensure a high standard of client service
- Work closely with other traders in maintaining and enhancing the execution process, analyzing current market conditions, leveraging in-house trade ideas and providing market color
- Keep up to date on regulatory requirements and control standards
- Perform suitability risk monitoring, ensure trade executions adhere to the risk management & monitoring framework and are performed in an accurate and efficient manner
- Other duties include daily transaction margin checking, portfolio / client data checking and performing risk disclosures to clients
- Bachelor’s degree with minimum 3-5 year's relevant experience in Private Banking or Wealth Management, with good understanding of investment products including cash equities, derivatives, FX and fixed income
- Excellent command of spoken and written English and Chinese (including Mandarin)
- SFC/ HKMA licensed, familiar with local regulatory and compliance requirements
- Good knowledge of different markets, investment behavior and orientation
- Experience in handling trade execution and trading systems
- Excellent understanding of risk management and able to perform margin calls, if needed
- Knowledge of Microsoft Office, Bloomberg and Reuters, etc
- Excellent communication and interpersonal skills, detail-oriented, self-motivated, able to work under pressure and independently with a minimum of supervision
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.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
