Fixed Income Trading Operations Analyst/Associate

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.
The role is within the Interest Rate Derivative Trade Support Group (IRD TSG) who are responsible for all interest rate derivatives traded in NA. The role is primarily covering Vanilla and structured Rates OTC activity. The wider Trade Support Group, in which the IRD Structured Rates TSG sits, has a mix of experience and is a fantastic area for someone to be exposed to a very steep learning curve and gives all individuals the opportunity to develop a meaningful career within Operations. Although it is not essential, it is preferable that the candidate has a good understanding of interest rate derivative products. Attention to detail is paramount along with diligence and quick escalation.
As a member of IRD Rates TSG, you will be working closely with the Front Office to provide the first level of control for the Interest Rate Derivative Trading desks including below functions:
- Responsible for offering the first line of defense for the Trading desk's franchise risk and risk in ensuring that the trade bookings are correctly reflected in both Front and Back Office systems and tie out with the Counterparty.
- Ensuring that all trades are booked and confirmed as intended by checking the Trading system verses internal MS systems and versus MarkitWire, liaising with Trading, Sales, Brokers or the Counterparty directly.
- Act as guardian for the bank and you will monitor the integrity of the Firm's risk by ensuring that all trades are confirmed ASAP.
- Be the intermediary between the Trading desk and all infrastructure groups.

Qualifications:

- Bachelor's degree required
- Requires 3-5 years experience in the financial services industry.
- Diplomatic and accurate in dealing with Traders, Brokers, Sales people and focus clients.
- The pace of the desk demands that you complete each task quickly and accurately. You will be protecting our franchise and dealing with millions of dollars at risk. The ability to organize your time and complete each task on time will be a key factor in determining your suitability for the role.
- A high degree of accuracy and a willingness to learn new products is essential. This role is constantly changing and a willingness to adapt to new firm and industry initiatives and put forward your own ideas is of paramount importance.
- On the job training will be given to allow you to operate the in-house applications. An understanding of industry platforms such as MarkitWire and Bloomberg is desirable.
- Daily deadlines are inflexible and the candidate should be organized to ensure the team meets all deadlines. The role requires the sharing and discussing of knowledge and information between the Trading, Sales, Settlements and Confirmations groups.
- You will be in constant communication with the front office, clients and many departments within the bank. You should be accurate, knowledgeable and professional in all dealings with whomever you may meet.
- You will work closely with your peers and you will need to share knowledge and act as a team player to get the most out of this role.