Vice President – US Rates Sales Assistant Job Vacancy in Morgan Stanley Mumbai, Maharashtra – Updated today
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Company Name : Morgan Stanley
Location : Mumbai, Maharashtra
Position :
Job Description : Vice President – US Rates Sales Assistant
Job Number: 3204892
POSTING DATE: Mar 4, 2022
PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
EDUCATION LEVEL: Refer to Position Description
JOB: Investment Banking/Sales/Trading/Research
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President
DESCRIPTION
Interest Rates Products – Sales Assistant
Division: Fixed Income Division Job Title: Interest Rates Products – Sales Assistant
Location: Mumbai Job Level: Vice President
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
From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world’s financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.
The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products and Distribution.
Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products.
Global Markets Group is the offshoring arm of Morgan Stanley’s Sales & Trading businesses in India. It covers functions across FID and Institutional Equities Division (IED) ranging from those associated with sales, trading, analytics, strats to risk management.
Primary Responsibilities
This role directly supports the NY Interest Rate Sales desk. The role includes trade booking & processing for swaps, swaptions and cash trades as well as identifying amendments with the trading desk, resolving disputes with downstream operational teams and systems, and liaising with trade settlement and confirmation teams when needed. Candidate will work very closely with the team in NY and must be able to work NY market hours. The candidate should be a clear communicator who works well under time pressure, can manage multiple priorities and is comfortable raising issues for escalation.
QUALIFICATIONS
Required Competencies
Candidate must have some previous experience in a sales or trading support role for Fixed Income or Equity derivatives. Derivative settlements, confirmations or OTC clearing experience might be considered as well. Familiarity with DTCC or Markitwire is a plus but not required.
Skills required:
Extremely diligent with strong attention to detail
Ability to handle stress and pressure of fast markets
Must be self-motivated, confident and possess excellent communication skills
Established understanding of derivative product mechanics
Excel / VBA for spreadsheet analysis work
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.
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