eFinancialCareers

• Company

  Morgan Stanley

• Location

  UK-London

• Remuneration

  Competitve

• Position Type

  Employee

• Employment type

  Full time

• Updated

  05 Jan 2009

• eFC Ref no

  441288

The Commodities OTC Derivative trade confirmations group is structured to focus on drafting and dispatching such trade confirmations and it is the responsibility of the manager to ensure these are accurate and issued in a timely manner. Primary Team’s Duties and Responsibilities:

• Paper drafting of Commodities OTC Derivative trade confirmations
• Handling queries from both desk counterparts and other internal clients
• Project work where there is a requirement for UAT and renovation
• Ensuring confirmations are issued quickly within internal and industry benchmarks
• Assist in meeting the firm’s obligations with regard to industry targets that are enforced by the regulators.

Job Responsibilities:

• Running a team of 4 people, dealing with day-to-day management, along with the objective setting process, appraisals and interviewing
• Key liaison person for control issues with front office, client service groups, trade support groups and projects team
• Ensure teams reporting targets are met and improved on
• Monitor exceptions to ensure these are escalated and resolved in a timely manner
• Organise and prioritise workload, whilst ensuring accuracy levels and deadlines are met
• Proactive in self training and ability to implement new controls and procedures to improve own role
• Ensure controls and procedures are adhered to
• Proactive in identifying process improvements
• Involvements in projects and testing as required for the various strategic initiatives
• Co-ordinating and sponsoring training for the team members
• Working with projects team to drive the IT agenda for the group.

Skills required:

• Experience within a derivatives operations team
• Knowledge of drafting ISDA documentation
• Strong man-management with the ability to build and motivate a team
• Strong communication skills