Vice President - Equity Trade Operations

We're seeking someone to join our team as a Vice President in ISG Equity Operations. The New York Equity Trade Support Group is the point on all operational issues for the Institutional Equity Trading Desks. They communicate daily with Traders, Legal, Compliance, Controllers, and Information Technology. A Vice President in this role manages the trading assistants to ensure that the trading desks are receiving high quality support, mitigate risk, manage the teams performance, and look for opportunities to increase efficiency. The role will manage Cash Trading and Sales Support, ETF Create/Redeem and PnS functions.
In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Manager position at Vice President level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
What you'll do in the role:

• Provide regional leadership and cross functional partnership with direct responsibility of operational support of the cash equities sales and trading business.
• Senior accountability for the budget performance, operational excellence and people development agenda of their teams, plus for the delivery of a first rate client service experience by those teams.
• Broad knowledge across multiple products, markets and services. Understands market drivers and can engage with senior stakeholders and business unit leads on business strategy.
• Represents Morgan Stanley in senior external market forums and with regulators for their area of responsibility.
• Serve as a process owner and be accountable for optimization and efficiency opportunities
• Establishes, facilitates and communicates the Morgan Stanley stance and direction on key external issues.
• Identifies opportunities for achieving competitive advantage and thinks beyond current transactions/issues to strengthen internal and external client relationships.
• Keeps clients informed of trends, issues and industry initiatives relevant to their business.

What you'll bring to the role:

• Manage multiple work streams and prioritize effectively.
• Seeks new opportunities for self-development and career progression; ensures core skill set is best utilized by the Firm.
• Commitment to learn from experience and mistakes; actively seeks out feedback and adjusts behavior accordingly.
• Aware of longer term impact of regulatory environment and market changes on the business. Makes plans where appropriate to adapt control processes and procedures.
• Identifies the right levels of control and measures required, creating a strong yet flexible workflow.
• Proactively ensures existence of mitigating controls and takes personal responsibility for enhancing processes.
• Combines clear and appropriate escalation with suggestions on appropriate risk reduction strategies.
• At least 7 years' relevant experience would generally be expected to find the skills required for the role
• Bachelor's degree required 
• Prior experience managing an Operations function 
• Strong managerial skills with experience of leading highly successful Operations teams 
• Proven leader who can balance tactical and strategic priorities 

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $120,000 and $172,500 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).