Director - Security Settlements Operations
About The Position
The Director of Security Settlements Operations is a Team Supervisor within Morgan Stanley’s Shared Services & Banking Operations division, in Core Services. The role oversees clearance and settlement of Fixed Income and Equity Securities across Americas markets, facilitating securities receipt and delivery for trades with clients and broker-dealers. It supervises 3–5 employees at the Baltimore GIC and co-manages 10 resources at offshore vendor eClerx. The Director ensures settlement activities supporting U.S. securities carry minimal risk, manages breaks and fails, communicates risk themes to senior management, and develops relationships with stakeholders in BRM, IED, FID, Prime Brokerage, counterparties, agents, and other operational groups. Core Services provides product-agnostic and centralized operational services across multiple businesses and products. The position leads daily operations and projects, supports evolving business requirements, and strengthens controls and process efficiency.
Requirements
- Experience as a people manager and strong leadership skills.
- Ability to work in a structured, high-volume, and time-sensitive environment.
- Good analytical and problem-solving skills.
- Attention to detail and strong risk awareness.
- Adaptability and flexibility when facing changes and new challenges.
- Strong verbal and written business communication skills.
- Proficiency in Microsoft Office, including Excel, Word, and PowerPoint.
Nice To Haves
- Work experience in Security Settlements.
- Knowledge of Equity and/or Fixed Income products and settlement market rules.
Responsibilities
- Investigate and resolve pre-settlement and settlement exceptions and post-settlement breaks.
- Escalate settlement-related risks and implement risk mitigation methods.
- Identify process improvements that strengthen controls and increase efficiency.
- Apply knowledge of U.S. buy-in rules and regulations to manage potential risks related to in-scope transactions.
- Deliver quality service and solutions in response to evolving business requirements.
- Lead the team and provide day-to-day support and guidance, including on projects.
- Coach and mentor team members and ensure effective one-to-one discussions.
- Oversee securities clearance and settlement across Americas markets, including receipt and delivery of securities.
- Manage risks related to settlement breaks and fails, and communicate themes to senior management.
- Develop strong working relationships with key stakeholders.
Benefits
- Medical insurance
- Prescription drug coverage
- Dental insurance
- Vision insurance
- Health Savings Account
- Dependent Day Care Savings Account
- Life insurance
- Disability and other insurance plans
- Paid time off, including sick leave consistent with state and local law
- Parental leave
- 20 vacation days annually
- 10 paid holidays
- 401(k)
- Short- and long-term disability
- Other employee perks
- Potential eligibility for annual discretionary incentive compensation and a business-unit incentive compensation plan, which may include a discretionary bonus
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
