Director- Brazil Settlements Operations, Sao Paulo (Brazil)

Director- Brazil Settlements Operations, Sao Paulo (Brazil)

Apply locations Sao Paulo, Brazil time type Full time posted on Posted 2 Days Ago job requisition id JR004217

Description:

The Brazil Settlements Operations team, as a shared service in the Branch Ops Americas, supports the Latin America IED, PB/IPB, FID, FXEM, GCM, and IBD covering the following main products: Cash Equities, Stock Loan, IPOs, Custody Service, OTC Derivatives, Listed Derivatives, Structured Notes (COEs), Deliverable FX and Listed Derivatives.

The team is responsible in the local market for client custody services, pre-matching and settlement processes of the MS affiliates trading in Brazil and for the two local regulated entities: Banco Morgan S.A. and Morgan Stanley CTVM S.A. Among others, the team works very closely with other areas related to trade capture, trade registration in the market, trade monitoring and exceptions management, lifecycle events, funding and cash management, monitoring, trade affirmation, retrieval of trade confirmation, and finally, trade settlement.

The role requires supporting the Brazil Settlements Operations functions on behalf of the supported entities, to include:

1. Contribute to refining controls and continuously improving and reducing operational risk for their respective area;
2. Demonstrate understanding of supporting systems and product/functional workflow of their area and be aware of how their workflow impacts other areas of Operations;
3. Maintain a clear focus on enhancing control and continuously improving and reducing operational risk;
4. Partner with colleagues in different areas of the firm to deliver a seamless client experience and effectively navigate the firm to resolve client issues;
5. Articulate thoughts and ideas clearly and concisely using both written and verbal communication methods;
6. Understand what is important and prioritize accordingly;
7. Explain their role in identifying, escalating, and preventing risk issues;
8. Understand the importance of following defined procedures;
9. Proactively escalate issues as they occur;
10. Demonstrate an understanding of local market product rules and clients (internal & external) requirements;
11. Take personal responsibility for resolving client issues and clearly escalate cause and resolution.

Qualifications:

1. Ideally, Brazil (bank and/or broker dealer) Settlement Operations experience;
2. Fluent in English and Portuguese languages;
3. Proven ability to work as part of a team;
4. A methodical approach to analyzing/interpreting data and problem solving;
5. Ability to work under pressure, to time-critical deadlines;
6. An intrinsic ability to identify priorities and deliver outputs on time to a consistently high standard;
7. The ability to prepare written reports to a high professional standard alongside effective verbal communication skills;
8. The ability to communicate clearly and decisively to colleagues and senior stakeholders will be a key candidate attribute;
9. An ability to think strategically, challenge the status quo and develop solutions to support the business towards delivering its agenda;
10. Experience working with Regulators, for example in the interpretation and analysis of information requests, data mining, report preparation, and presentations would be beneficial;
11. A desire to develop their career at Morgan Stanley by demonstrating willingness over time, to develop their role and acquire new responsibilities.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.

About Us

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.