Derivatives Clearing Operations Associate

Welcome to Morgan Stanley, a leading global financial services firm with a rich history spanning over 85 years. We are currently seeking a highly motivated and detail-oriented individual to join our team as a Derivatives Clearing Operations Associate. In this role, you will play a critical role in ensuring the smooth functioning of our derivatives clearing operations, supporting our clients and trading desks in managing their risk exposure. If you have a strong interest in financial markets and possess the necessary skills and qualifications, we invite you to join our dynamic and diverse team at Morgan Stanley.

1. Manage derivatives clearing operations for clients and trading desks
2. Ensure timely and accurate processing of derivatives trades and settlements
3. Monitor and reconcile trade data to ensure accuracy and compliance with regulatory requirements
4. Collaborate with internal teams to resolve any trade discrepancies or issues
5. Provide exceptional customer service to clients by promptly addressing any inquiries or concerns
6. Conduct regular risk assessments and implement risk management strategies to minimize exposure
7. Stay updated on industry regulations and changes in the derivatives market
8. Maintain detailed records and documentation of all clearing operations activities
9. Identify and implement process improvements to increase efficiency and effectiveness
10. Work closely with the technology team to test and implement new systems and enhancements
11. Train and mentor new team members on clearing operations processes and procedures
12. Collaborate with other departments, such as compliance and legal, to ensure adherence to company policies and regulatory requirements
13. Participate in special projects and initiatives related to derivatives clearing operations as needed.

According to JobzMall, the average salary range for a Derivatives Clearing Operations Associate in New York, NY, USA is $70,000 to $90,000 per year. This range can vary depending on the specific company, job responsibilities, and level of experience. Some companies may also offer additional benefits and bonuses.

Morgan Stanley provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Services segment provides financial advisory, capital-raising services, and related financing services on behalf of institutional investors.