Operations Asset Services Director (AVP-Equivalent)

Overview

We’re seeking someone to join our team as a Director managing the full lifecycle of voluntary and mandatory corporate actions processing, dividend distribution and coupon payments, and handling proxy voting in the German market. Additionally, the person in this role will manage production support, perform supervisory checks, compile management reporting, offer project support, ensure regulatory reporting and serve as the interface and contact point for internal and external queries.

This is a Director position within Core Services which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.

Morgan Stanley is an industry leader in financial services known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. 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.

What will you be doing

• Coverage of full lifecycle of German voluntary and mandatory corporate actions including event research of local market sources and translation into English language for onward information provision to clients
• Deadlines processing at corresponding German agent banks / in agent system
• Outturn / payment processing including reconciliation and break resolution
• Preparation of corresponding regulatory reporting AWV Z10
• Coverage of full lifecycle of non-German voluntary and mandatory corporate actions as per ICSD information

Research information provision to clients

• Deadline and payment processing including reconciliation and break resolution
• Processing of German and non-German dividend distribution and coupon payments including reconciliation and payment of agent and client positions / pending trades
• Withholding of tax as stipulated by OGAW IV
• Preparation of regulatory reporting AWV Z11
• Annual General Meetings of German and non-German companies

Proxy voting management

• Arrangement of attendance for clients
• Outsourcing Supervision in Brexit context
• Cooperation and Collaboration with Global Asset Servicing teams of Morgan Stanley & Local Teams
• Reconciliation and Break Clearance
• Monthly Regulatory Reporting Obligations
• Continuous Improvement of Processes (RTB and CTB)

What you’ll bring in the role

• Educated to a degree or equivalent academic level
• Experience of working in one or more of the following Operational processes is preferred - Asset Services Securities Settlements
• Experience in supervision of a global Bank / Broker Dealer
• Knowledge of regulations for Banks and Broker Dealer in Germany
• Knowledge of operational functions and processes of a broker dealer
• Cross product knowledge
• Focus on risk and displays the ability to react quickly to issues and see them through to conclusion
• Language skills: fluent in written & spoken English is required
• Language skills: fluent in written & spoken German is preferred
• Strong general management skills and stakeholder management skills
• Sound interpersonal skills, freely develops networks, builds consensus and develops alliances across the organization
• Strong confident communicator (written and oral)

Flexible work statement

Interested in flexible working opportunities Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Internal Applicants

Internal mobility can be a way to grow your career and realize your professional potential. Typically you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation mobility guidelines and policy on our employee portal by clicking here.

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 89 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.

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Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.

Required Experience: Director

Key Skills

Employee Relations, Employee Evaluation, Management Experience, Profit & Loss, Conflict Management, Operations Management, Project Management, Budgeting, Leadership Experience, Supervising Experience, Leadership management, Financial Planning

Employment Type: Full-Time

Experience: years

Vacancy: 1

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