VP, Americas Securities Settlements

Morgan Stanley•Baltimore, MD

7d•$125,000 - $185,000

About The Position

Morgan Stanley is seeking a VP Department Manager to lead a significant portion of the Americas Securities Settlements organization within Global Securities Settlements, part of the Operations division. The role is responsible for DTC settlements and associated regulatory and operational risk, and leads a team of 14 or more employees in Baltimore alongside offshore and vendor resources supporting the Americas. The position manages firm risk through controls governing settlement fails, breaks, and inventory management; maintains compliance with applicable settlement regulations, including Reg SHO, Rule 204, and Regulation T; advances the settlements transformation agenda; and leads an experienced operations team. The role engages significantly across business lines, partnering directly with Prime Brokerage, Fixed Income, and Equities. The Department Manager sets the team's direction with global peers, maintains consistent execution and a strong control framework, and supports business enablement and adherence to local regulations. The manager is responsible for talent acquisition, staff development, succession planning, client service, cost effectiveness, and automation and efficiency initiatives. The role also partners with business-unit peers and external stakeholders on group strategy and its future state.

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 and Rule 204 processes and associated risks.
Sound risk and control mindset and good judgment, without compromising controls.
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 analyses, and impacts clearly and tailor communications to stakeholders.
Ability to convey trust and confidence, influence stakeholders in decision-making, affect strategy, and challenge where necessary.
Ability to motivate and engage staff, advocate for the team, inspire respect, and support and promote the Firm’s vision and values.
Ability to deliver on plans, complete next steps, and resolve issues in a timely manner.
Team-oriented approach that supports and motivates colleagues and promotes the Firm’s vision and values.
Proficiency in Excel, Word, PowerPoint, and AI tools.

Responsibilities

Set the team’s direction in conjunction with the global peer group, ensuring consistent execution, a strong control framework, business enablement, and adherence to local regulations.
Lead DTC settlements and manage associated regulatory and operational risk across the Americas organization.
Manage controls governing settlement fails, breaks, and inventory management, and maintain compliance with applicable settlement regulations, including Reg SHO, Rule 204, and Regulation T.
Lead a team of 14 or more employees in Baltimore, together with offshore and vendor resources supporting the Americas.
Advance the settlements transformation agenda and lead an experienced operations team.
Acquire and develop talent, build a talent bench, and create a succession plan.
Run the operation as a business, considering client-service needs, cost effectiveness, automation, and efficiency.
Partner with peers across business units and external stakeholders to provide input and execute on strategy and the future state of their groups.
Engage and partner across business lines, including Prime Brokerage, Fixed Income, and Equities.
Deliver plans, complete next steps, and resolve issues in a timely manner.

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
Potential eligibility for annual discretionary incentive compensation and a business-unit incentive compensation plan, which may include a discretionary bonus
Additional employee perks