We’re seeking someone to join our team as an Operation Associate in Branch Ops Asia to provide back-office functional support to the business growth of loan, deposit derivatives in MSBIC.
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 an Associate level position 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. Morgan Stanley Bank International (China) Ltd. (MSBIC) is a locally incorporated foreign bank wholly owned by Morgan Stanley in Zhuhai, China. It has a branch in Beijing and the Bank has been providing quality banking products and services to various clients with the service principles of being professional, innovative, flexible and practical.
What you'll do in the role:
- Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team
- Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements
- Build relationships within team and internal stakeholders, sharing knowledge to contribute to team output
- Participate in projects and initiatives, aiding in solution formulation with a focus on timely execution
This role is to support MSBIC client deposit and loan business covering:
- MSBIC loan and deposit client onboarding and KYC refresh according to MS global KYC standards, China local AML rules and MSBIC AML policies and procedures;
- Client deposit account opening to fulfil client business needs e.g. capital injection, general working purpose, loan disbursement etc.;
- Client inward and outward payment and loan and deposit transaction booking;
- Funding forecast and liquidity reporting;
- MS internal reporting and local regulatory reporting; and
- MSBIC internal and regulatory projects.
What you'll bring to the role:
- Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision
- Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests
- Culture carrier across Operations, embracing the Firm's core values
- Relevant experience in Banking Operations
- Good knowledge on loan, guarantee, deposit, account, remittance or other products and back-office system and processing;
- Good experience of business analysis, UAT, parallel running in technology project e.g. implement new bank system or significant system change;
- Ability to identify problems as they arise and understand when these need to be escalated;
- High personal commitment and integrity; and
- Teamwork spirit and cooperation with other team members or departments.
- At least 2 years' relevant experience would generally be expected to find the skills required for this role
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.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo