Morgan Stanley

Vice President - Business Manager - Institutional Equity Division

Posted On

Feb. 19, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

March 12, 2025

Job Description

The Morgan Stanley Institutional Securities Group operates globally in all major locations and is an industry leader in Equities Sales and Trading. The Institutional Equities Division (IED) is a global leader in Sales and Trading across all product types as well as Prime Brokerage services.

In an increasingly competitive and complex regulatory environment, there is a need for a strong and dedicated Business Manager in India. This role will directly report to the India IED Head of Sales & Trading. This function is to Oversee the daily operations of the Institutional Equity Division, ensuring efficient and effective execution of business strategies, furthering our market leading position and doing so in a risk focused and controlled manner.

This job description outlines the multifaceted role of a Business Manager in the Institutional Equity Division, emphasizing strategic leadership, financial stewardship, operational excellence, and team management.

The candidate will need to work with sales and trading personnel and internal stakeholders to ensure that the business is prosecuted in a manner that is well-controlled and in line with the Firms risk appetite.

Responsibilities will include:

Collaborate with senior management to set comprehensive goals for performance and growth and lead the division in achieving these objectives.
Partner with Internal stakeholders to streamline business processes to enhance productivity and efficiency.
Implement best practices in operational management to minimize costs and optimize resource utilization.
Management of governance processes for new business initiatives,
Foster a collaborative, inclusive, and innovative work environment.
Adapt business strategies in response to market trends and changes in the regulatory landscape.
Leverage technology to improve operational processes and customer interactions.
Ensure that the region’s operations align with broader corporate social responsibility goals.
Engaging with IED personnel on ad hoc queries
Risk Governance ownership for the region’s business and participation in other Firm wide governance,
Ownership of business unit operational risk monitoring and remediation processes which entails actively identifying and remediating operational risks in business lifecycle and front to back processes.

The preferred candidate will have Project management experience/ practical risk management experience in financial services with specific experience in dealing with equity products across Asian markets / India.

The qualified candidate must have:

Minimum 6 years of working experience in banks or financial institutions
Strong interpersonal skills and the ability to influence others not in direct span of control.
Strong project management skills.
Be able to find balance between commerciality and prudent risk management.
Ability to interact with stakeholders of varying seniority in different groups.
Experience having worked in a fast-paced, delivery focused environment.
Highly self-motivated, with a desire to help improve processes and work together in a team.
Strong work ethic.

Technical skills preferred:

Technical IED product knowledge.
Institutional Securities experience in control/risk functions.
Front to back knowledge of key sales and trading process flows.
Operational Risk / Internal Audit / Regulatory background and/or experience.
Project management experience – track record of delivery on projects, commitments.
Strong Microsoft skills.

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.

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. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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.

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