Europe, Middle East, Africa-United Kingdom-United Kingdom

Finance Jobs


CountryEurope, Middle East, Africa-United Kingdom-United Kingdom
Job LevelDirector
EDUCATION LEVELBachelor’s Degree
Middle Office SFTR Director

Job Number:


POSTING DATE: Apr 28, 2020
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-Glasgow
EDUCATION LEVEL: Bachelor’s Degree
JOB: Other
JOB LEVEL: Director


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:
One of the largest divisions in the Firm, Operations is the first line of defence for Morgan Stanley’s financial and reputational well-being and essential in delivering value. Operations is responsible for correctly settling and recording millions of transactions per day, identifying and mitigating operational risk, developing strong client relationships and partnering with technology to realize the full potential of IT and Automation. Operations has a premier team of creative and dedicated professionals, with a unique vantage point interacting with all parts of the business. The Operations Senior Management team is passionate about our people development and providing top-notch employee opportunities through an inclusive, forward-looking environment defined by open communication, collaboration, learning and dedicated career management.
Team Profile:
The Financing and Collateral Operations department is responsible for supporting the trading activities of the Stock Loan and Secured Funding business units, with teams in 7 global locations comprising over 250 employees. The team have daily interaction with the trading desk and are required to liaise with operational colleagues across a range of disciplines to ensure the timely and accurate execution and collateralisation of trades, providing an opportunity to develop a strong network across firm
Due to the upcoming introduction of the Secured Financing Transaction Regulation (SFTR) transaction reporting requirement, an exciting opportunity has arisen to join the department and be involved in the implementation and ongoing management of a high-profile, industry wide change regulatory initiative.
Primary Responsibilities:
The Director role will form part of the broader Financing and Collateral Operations management team, thee primary responsibilities will include:

  • Help to shape and execute the strategic agenda for Financing and Collateral Operations in EMEA
  • Participating in project readiness tasks to ensure the firm is able to meet the upcoming regulatory reporting requirements
  • Oversee controls to ensure the complete, accurate and timely submission of transaction reporting requirements
  • Monitor KRI and KPI thresholds to ensure the team is maintaining risk and performance standards
  • Work with the vendor to ensure comprehensive controls are in place and complete procedure reviews/enhance the control environment
  • Ensure all Written Supervisory Procedures, Process Maps and System access requirements are up to date.
  • Involvement in BCP transference testing and ensuring knowledge dilution in Glasgow is minimised
  • Working with key stakeholders to identify and create efficiencies in daily processes.
  • Provide operations support for IT developments


Skills required (essential):
Middle Office is a busy role therefore essential the successful candidate can add immediate benefit.
Previous experience of Securities Financing industry is not essential but preferred. The role will provide a number of opportunities to work stakeholders across the organisation so a proven track record in relationship management is required as is experience of managing process, risk and controls.The successful candidate will be able to demonstrate:

  • Effective team player who brings teams together and leads discussions in order to solve problems and meet business needs
  • Demonstrated leader with proven skills in strategic planning who is able to guide, motivate, and hold individuals accountable for results
  • A good aptitude for working in a demanding, fast paced environment
  • An ability to handle high volume workloads and prioritisation skills
  • A good approach to change management on account of the teams continual growth and development
  • Strong communication skills as you will be expected to develop relationships with the Business Unit, internal stakeholders & the Vendor
  • An understanding of escalation
  • An ability to handle working in a pressurised environment
  • A desire to question existing procedures and continually seek to improve processes
Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential.
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.

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