Corporate Actions Associate

Job description

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile:

SSBO provides utility processing services to Global Operations. By functionalizing processes across segments, SSBO realizes efficiencies through scale, location strategy and adoption of best practices. SSBO provides quality operational core processes at an optimal price point, with maximum benefit to MS business lines. Services currently provided by SSBO include Cash Management, OTC Derivative and Security Settlements, Position Services, Reconciliations, Tax, Client Reference Data, Network Management and Vendor Management.

Team Profile:

The Glasgow Position Services is the Asset Servicing area of Morgan Stanley, responsible for managing the timely and accurate processing of all Corporate Events which has an impact on security positions held by our clients and proprietary trading desks. The group consists of the following teams: Voluntary Corporate Actions, Dividends (including Optional Dividends), Bond Corporate Actions, Global Control, Client Money & Risk, Coupons (Principal & Interest), and Proxy Voting.

Glasgow Position Services currently has approximately 50 staff. Position Services rolls up to the Shared Services & Banking Operations within Firmwide Operations.

The department has been established in Glasgow for several years and has developed itself into a highly efficient and successful operation, providing first class service to our clients. This has been achieved through strong focus on control, commerciality and people. We are looking for dynamic and hard-working candidates to continue the positive progression of the department.

Each group interacts with a number of key stakeholders within the firm on a daily basis such as Stock Loan, Financial and Tax Controllers, International Prime Brokerage and Prime Brokerage.

Given the cyclical nature of our volumes, extra focus is required during the peak months (April September) which increase the demand placed on us by our clients.

Primary Responsibilities:

Advertised role is within Position Services Corporate Actions team and daily duties would include the reconciliation and payment of Voluntary Corporate Action equity events.

Processing of equity corporate actions (voluntary & mandatory):

- Daily management and resolution of corporate action exceptions

- Daily management of activity performed by the vendor team supporting equity corporate actions

- Daily communication with external agents to ensure accuracy of information provided to clients

- Daily management of stakeholders across Front Office, Trade Support, Settlements and Finance

Desired profile

Skills required (desired):

- Strong time management skills

- High regard for attention to detail, accuracy & quality

- Approaches all situations with positive outlook, energy and enthusiasm. Is a self-starter who takes individual ownership for work quality and improvement

- Working with drive and determination

- Shows initiative and creativity, taking a long-term approach to improvement and resolution of issues

- Is self-confident, demonstrates integrity and business-appropriate behaviour

- Ability to question a process and promote own ideas and solution

- Previous experience of Client Money, Corporate Actions, Dividends or Coupons an advantage

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. *LI-KT1