Global Network Management's (GNM) core responsibilities include new market entry, selection and management of the Firm's external custody and settlement relationships, pre-investment support and provision of market information relevant to the business activity of the Firm and its clients.
The group has responsibility for the management of Morgan Stanley's custody, settlement and indirect clearing relationships across Global markets.
The role is split into three key areas :
Due diligence of outsourced custody providers
Risk / cost data management
The team operates as a Global unit with extensive communication between other Network Management colleagues in London, New York, Glasgow and Mumbai.
Network Management supports Equity, Fixed Income, Commodities, Listed Derivatives, and FX product groups.
Current and in depth knowledge of Asia markets and regulatory landscape including pre-investment information
Analysing market developments and working with internal stakeholders to ensure information is accurately assessed and disseminated through the appropriate medium
Understanding and negotiating requirements for agent bank participation in new Morgan Stanley product development
Agent Bank relationship management including Ongoing review of agent bank providers, through annual due diligence reporting based on internal evaluations, external questionnaires, service level agreements, incident reviews, credit analysis and in-house meetings
Agent / market due diligence visits including RFPs / RFIs
Maintenance of Agent Bank Profiles, associated documentation and Pre-Investment information on GNM's information portal, MEERA
Act as the point of escalation and point of resolution of agent performance issues on an ongoing basis, escalating issues as required with agents at all levels of the management chain.
Communication of such issues internally
Ensure a consistent level of interaction with internal Stakeholder teams in line with GNM's Client Engagement Strategy
Meet commercial aims of the Firm through re-negotiation of existing fee schedules and where necessary identifying and implementing new provider relationships
Statistical analysis of asset and transaction volume trends
Partnering with Global teams on GNM / Firm Wide Initiative
University graduate, with suitable financial markets experience. 3-5 years of Operations experience within the Asia Pacific region would be an advantage
Good understanding of operational and regulatory aspects of equity and fixed income markets, preferably with specific knowledge of the Asia Pacific Markets
Excellent interpersonal and communication skills, particularly written communication
Proactively demonstrates and supports teamwork & collaboration
Excellent analytical skills
Outstanding spoken and written English, while other major Asian languages would be considered an advantage
Ambitious and highly motivated with an ability to work to deadlines and with a minimum of supervision