Operations Full Time Associate Program (Start ASAP)

About Morgan Stanley

Morgan Stanley 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. Committed to maintaining the first-class service and high standard of excellence that have always defined the firm and everything it does is guided by its core values.

Your role

Operations is the front-line defense of Morgan Stanley’s financial well-being. 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.  

Roles and responsibilities  

• Learn critical processes in the life cycle of a trade including deal capture, enrichment, confirmation, and final settlement.  
• Reconciliation and record keeping, identify and resolve trading breaks from discrepancies dealing with security information, trading date and settlement date, executed quantity, taxes, commission, prices, and settlement locations.  
• Data mining, reporting, and documentation: preparation and compilation of daily/weekly/monthly metric dashboards to ensure thorough business analysis.  
• Collaborate with local & global colleagues at all levels to create best practice methodologies and approaches for business analysis, issue follow-up, and escalation.  
• Develop relationships with both internal & external stakeholders (i.e., Counterparties, Traders, Legal, Credit, Technology, Finance, and other functional teams) to understand their priorities and ensure that business needs are met.   
• Train new team members on an ongoing basis, perform first-level checks, and provide feedback on functional areas of development  
• Support and develop risk policies and control frameworks to minimize operational risk.   Be a change agent and help drive the direction of the group strategically by improving the efficiency and control framework of the team.  
• Oversight and Governance on tasks outsourced to vendors.  
• Partner closely with Technology, Business Unit, Risk, and Change Management teams on the successful delivery of business & regulatory projects.

Training & development 

The Program begins with an induction to the Firm and the division, followed by two weeks of formal classroom training and then continued on-the-job training. Classroom training includes business-specific content, product and market overviews, current events, team-building activities, and project work.

Benefits

Morgan Stanley offers you the following benefits:

• Health and life insurance
• Career development 
• Employee networking groups
• Continuous learning through training
• Financial wellness resources
• Vacation & Paid Time Off
• Employee volunteer programs
• Maternity and paternity Leave
• Work From Home options.

Career progression

At Morgan Stanley, the employees are the strongest asset, and it recognizes their value. Joining the team you'll find wide-ranging mentorships and management support from your first day with the firm—and continued career development programs and networks to nurture your career through educational and professional development programs, and employee networking groups.

Work-life balance

Regarding work-life balance, Morgan Stanley adheres to a typical Monday to Friday schedule from 11:30 a.m. to 8:30 p.m. IST, but they provide flexibility for time-sensitive tasks, including Indian public holidays. Employees can enjoy flexible working hours, including the option to work from home. Morgan Stanley maintains a five-day workweek, with an average of 55 working hours.

Culture & vibe  

Morgan Stanley is differentiated by the caliber of its diverse team. The culture of access and inclusion has built its legacy and shaped its future, helping to strengthen the business and bring value to clients. Following a corporate culture in which everyone feels they belong is fundamental to its role as a global leader constantly striving for excellence in all that it does.

About you

The requirements for the role are:

• MBA in Banking and Finance   
• Willing to work flexible shifts starting and ending between 6:30 a.m. and midnight.  
• Excellent leadership, interpersonal, and communication skills.   
• Pay close attention to detail and have strong analytical and problem-solving skills.  
• Proficiency in MS Office.   
• Strong organizational skills, including the ability to coordinate, prioritize, and manage multiple activities.  
• Exhibit a strong sense of urgency, accountability, and ownership.

How to apply

To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.

Interview process

Shortlisted students from the online test will be required to be available for a virtual interview process with Morgan Stanley. Students will be further shortlisted based on personal rounds of interviews before they make the final offer.

Sources

The following source was used in researching this page:

• Morganstanley.com/people-opportunities/perks-benefits-working-at-morgan-stanley
• Youtube.com.