Syndicate Operations Specialist recruitment

This position is a business facing role and will involve supporting Global Capital Markets (GCM) in all their Equity and Fid New Issuance and underwriting activity. This is a very high profile area dealing with the Firm’s largest corporate clients; the candidate will work on high value deals and be in contact with sensitive information on a day-to-day basis. The candidate will need to be a strong individual who can grow within the role to take full responsibility for the deals they are working on no matter how complex they may be.

The successful candidate will be part of the settlement closing team in Syndicate Operations and involved in providing specialised operational support to the structuring and settlement of new securities that are bought to the market by Morgan Stanley.  

• Client Liaison - The role will involve direct liaison and interaction, often at senior levels, with our internal clients such as GCM, Corporate Finance TMG as well as our external clients including issuing companies and selling shareholders.
• Deal Management – Candidates will need to have strong communication and interpersonal skills and be able to manage all aspects of the new issuance process from structuring through to closing. The candidate will provide the effective link between the Business Units and all other Operational areas as well as Legal, Compliance and Treasury.
• Technical Expertise – Candidates will ideally have a good knowledge of the European markets and clearing systems as well as the mechanics of settling Equity, FID and Convertible Bond products.
• Risk Management – The role involves exposure to the Firm’s largest clients and deals. The candidate must therefore be able to demonstrate an excellent awareness of risk, and an ability to ensure the Franchise is protected at all times.
• Control Reconciliation – Candidate should be able to demonstrate focus on control and reconciliation.

Key responsibilities of the role include:

• Co-ordinating AML work on Issuer Selling Shareholders with GCM team
• Drafting settlement memo or settlement flow diagrams
• Applying for security codes
• Reviewing settlement language in deal documentation
• Active participation in conference calls with GCM, other syndicate banks, legal counsel, clients and other stakeholders in the deal process
• Arranging funding and any FX requirements
• Co-ordinating allocation bookings with the regional CSG teams
• Agreeing bill and deliver numbers with co-managers and booking of takedown, co-manager and greenshoe tickets
• Co-ordinating closing logistics including receipt of newly issued securities and payment to the Issuer and Selling Shareholders
• Reconciliation on deal and account level (trading account and client account)
• Liaison with finalisation team and co-ordination of fee distribution
• Sales credit processing
• Compiling KRIs and other metrics
• The successful candidate may also be required to cross train on the administration functions involved in supporting the FID Syndicate Desk and to provide holiday coverage of this role

Skills/Experience Required:

• Equity and fixed income settlements experience

• Project management

• Strong risk awareness and judgement

• Strong interpersonal and written and verbal communication skills 

• Strong Excel and Powerpoint skills

• Strong leadership and the confidence to make recommendations and drive change

• Team player

Morgan Stanley is an equal opportunities employer and is committed to fair treatment, regardless of background (including criminal record).