Commodities Operations Team Leader - VP, UK-London
Commodities Operations Team Leader - VP
Company:
Morgan Stanley
Location:
UK-London
Remuneration:
Competitive
Position Type:
Permanent
Employment type:
Full time
Work permit req:
UK
Updated:
17 Nov 2009
eFC Ref no:
577165
Morgan Stanley is looking to recruit an experinced Commodities Operations Specialist to lead a medium size team.
The Commodities Operations group is responsible for several key steps in the trade life cycle, including:
- Generating, reviewing, and sending trade confirmations on a daily basis - Affirming verbal and written broker and counterparty confirmations on a daily basis - Settling trades and associated costs by creating payment vouchers and receivable invoices on a daily basis - Reconciling Morgan Stanley inventory. - Opening and reviewing new counterparty accounts on an ad-hoc basis - Creating and reviewing payable and receivable settlement vouchers (invoices) on a daily basis
The junior staff within the Operations group is expected to understand the trade process through the trade life cycle. They work externally with counterparty and broker operations personnel to identify trade discrepancies and internally with the BU, controllers, and IT personnel to resolve those issues.
The VP of the group is expected to have experience managing at least a mid sized team, be proficient/knowledgeable in the tasks mentioned above, have a good understanding of the functions of a “typical” back and front office trade flow, and preferably have previous experience in commodities.
Skills Required Required: Demonstrated management experience Required: Ability to multi-task in a high intensity environment Required: Meticulous attention to detail Required: Excellent verbal and written communication skills Required: Ability and desire to work in a team-centered environment Degree qualified or equivalent
Skills Desired Requested: Experience in commodities Requested: Experience in settlements, confirmations and reconciliations Requested: Experience with enterprise trading systems