Morgan Stanley, a prominent financial services firm, is currently seeking qualified individuals for the role of Prime Brokerage Client Services – Replacement. The company emphasizes a high level of education, requiring candidates to hold a Chartered Accountant qualification or an M.B.A. from reputed institutes, reflecting their commitment to excellence. To be eligible for this position, applicants should have a professional background with 1 to 3 years of relevant experience, showcasing the importance of practical knowledge in financial services. The job is based in the bustling city of Mumbai, offering a dynamic and competitive environment for professionals looking to excel in their careers.
Company Name: Morgan Stanley
Job Role: Prime Brokerage Client Services – Replacement
Education Required: Chartered Accountant or M.B.A. from reputed Institutes
Experience Required: 1 to 3 years
Job Location: Mumbai
Role and Responsibilities:
- First point of contact for client issues as a primary account manager – oversee the client’s accounts and be involved in all client issues including, but not limited to: financing, margin, trade clearing and settlement, cash management and corporate events.
- Communicate with client as secondary or back up account manager capacity to respond and resolve issues pertaining to trade clearing and settlement, cash management, asset transfers and corporate events.
- Communicate issues and ensure problems are resolved completely in a timely and accurate manner.
- Perform root cause analysis for their clients to increase STP and reduce client issues.
- Analysis of data around client balance trends and client market share.
- Ensuring client stays current by introducing latest prime brokerage technology and reporting suite to the client.
- Performing activities and checks around regulatory or management checks in the area of short sales violations, analysis of cancel/ corrections of trades, aged settlements, holdings in restricted currency.
- Provide services to the Hedge Fund clients in the areas of due diligence inquiries from potential investors, maintaining/checking client fee schedules and their accurate billing, account opening and closing for organic changes to Funds.
- Liaison between Fund Administrators and various teams in Morgan Stanley such as swaps desk, listed derivatives, interest and finance, stock loan team to resolve inquiries.
- Solving problems by effectively influencing and utilizing resource across various teams in MS.
Required Skills and Qualification:
- 1 to 3 years of relevant experience in an Investment Bank or Custodian Bank with focus on capital markets and proficiency in financial products.
- Chartered Accountant or M.B.A. from reputed Institutes.
- Understanding capital markets and how products trade, settle and are accounted for.
- Understanding of prime brokerage business.
- Demonstration of excellent communication and relation building skills.
- Exceptional organizational skills and a high degree of attention to detail.
- Ability to identify and escalate issues effectively and appropriately.
- Familiarity with basic accounting principles.
- Generalist skill set with the ability to deal with all levels of client organization and our firm’s support structure.
- Ability to handle pressure, prioritize and multi-tasking during the course of a business day.
- Proven ability to take ideas forward and to challenge current processes with integrity and maturity.
- Strong project management skills.
- Proficiency in MS Office and related applications (Word, Excel, PowerPoint, Project).
