VP, Americas Securities Settlements

Morgan Stanley•Baltimore, MD

6d•Onsite

About The Position

Morgan Stanley is seeking a Vice President Department Manager to lead a significant portion of its Americas Securities Settlements organization within Global Securities Settlements and the Operations division. The position is responsible for DTC settlements and associated regulatory and operational risk, and leads a team of 14 or more employees in Baltimore along with offshore and vendor resources supporting the Americas. The role partners across business lines, including Prime Brokerage, Fixed Income, and Equities. The successful candidate will manage firm risk through controls for settlement fails, breaks, and inventory management; maintain compliance with applicable settlement regulations, including Reg SHO, Rule 204, and Regulation T; advance the settlements transformation agenda; and lead an experienced operations team. The department manager sets team direction with global peers, supports consistent execution and process adherence, develops talent and succession plans, and runs the operation with attention to client service, cost effectiveness, automation, and efficiency. The role also partners with business-unit peers and external stakeholders on strategy and the future state of the group.

Requirements

At least 10 years of relevant experience in securities settlements or a related Operations function, including experience managing or supervising a team.
Solid working knowledge of U.S. settlement processes, systems, and markets.
Subject matter expertise in one or more key products or processes.
Working experience with Reg SHO / Rule 204 processes and associated risks.
Sound risk and control mindset and good judgment, without compromising control.
Ability to prioritize effectively against competing demands.
Strong organizational and stakeholder-management skills.
Strong communication and interpersonal skills, including the ability to explain complex processes, workflows, risk analysis, and impacts clearly to varied stakeholders and build cross-divisional relationships.
Ability to deliver on plans, complete next steps, and resolve issues in a timely manner.
Ability to influence stakeholders in decision-making, convey trust and confidence, and challenge where necessary.
Ability to advocate for, motivate, and engage a team while supporting and promoting the Firm's vision and values.
Team-player approach that supports and motivates colleagues.
Proficiency in Excel, Word, PowerPoint, and AI tools.

Responsibilities

Set the team's direction in conjunction with global peers, ensuring consistent execution, a strong control framework, business enablement, and adherence to processes and local regulations.
Lead a significant portion of the Americas Securities Settlements organization, including DTC settlements and associated regulatory and operational risk.
Lead a team of 14 or more employees in Baltimore, together with offshore and vendor resources supporting the Americas.
Manage firm risk through controls governing settlement fails, breaks, and inventory management.
Maintain compliance with applicable settlement regulations, including Reg SHO, Rule 204, and Regulation T.
Advance the settlements transformation agenda.
Manage talent acquisition, develop a bench of talent, and create a succession plan.
Run the operation with consideration for client service needs, cost effectiveness, automation, and efficiency.
Partner with peers across business units and external stakeholders to inform and execute strategy and the future state of the group.
Build and maintain engagement across business lines, including Prime Brokerage, Fixed Income, and Equities.

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 special employee perks
Potential eligibility for an annual discretionary incentive compensation award and the relevant business unit's incentive compensation plan, which may include a discretionary bonus