Operations, Executive Director, Equity OTC Confirmations, Mumbai

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley provides an excellent opportunity to build a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Scope and Purpose of the Role: This is a critical leadership role responsible for driving strategic change initiatives across the Equity Confirms Ops Group under the Derivations Operations umbrella. The ED will spearhead the design, implementation, and management of transformation programmes that align with Morgan Stanley's global business objectives, ensuring continuous improvement, operational excellence, and robust risk management. Specific Tasks: * Develop and implement a transformation strategy to streamline workflows, optimize operations, and enhance service delivery within Equity Confirmations Operations. * Lead cross-functional teams to identify, design, and deliver key projects focused on automation, digitization, and regulatory compliance. * Collaborate with senior stakeholders-including business unit heads, technology, legal, and compliance-to align transformation initiatives with organizational objectives. * Oversee large-scale projects from initiation to completion, ensuring timely delivery, budget compliance, and measurable results. * Foster a culture of continuous improvement by mentoring team members, promoting best practices, and encouraging innovation. * Championing user led Business Intelligence tools within the wider team * Monitor and report on transformation progress using data-driven analytics to measure impact and inform future strategy. * Manage change activities to address both process and people aspects, minimizing disruption and maximizing engagement across the division. * Build strong relationships with internal clients (Traders, Trade Support, Legal, Drafting Teams) to understand stakeholder priorities, protect confidentiality, and address ad-hoc requests promptly. * Demonstrate knowledge of Equities products (Swaps, OTC options) and their lifecycle. * Apply SDLC and Agile principles in daily change management. * Lead requirements and user story creation, as well as project testing. * Partner with IT to design, develop, and implement technology platforms that address business needs. * Continuously identify and deliver value through enhanced business capabilities, efficiency, scalability, and improved operational risk management and controls. * Manage time-sensitive regulatory changes effectively. Skills/Qualifications required (essential) Required * Minimum of 10+ years Banking Operations or equivalent relevant industry experience with exposure to financial products * Minimum of 6+ years of previous experience in confirmation drafting roles with exposure to trade life cycles, process flows and reconciliation with proven track record in managing and developing control functions. Strong Communication (Writing and Verbal) Skills. * Effective interaction with others across departments and regions * Knowledge of derivative products, settlement processes and Drafting systems (thunderhead) is preferable although training will be provided on the job * Ability to think strategically and provide insight into how to improve existing business and technology processes * Minimum bachelor's or master's degree. Required Competencies * Strong working knowledge of ISDA definitions is essential * Proven track record and understanding of operational risk * Experience in negotiating with clients to resolve language discrepancies * Strong ability to maintain risk and control while balancing client service * Time management and an ability to multitask across line and project work * Ability to deconstruct complex processes into their component parts * Root cause analysis of reoccurring problems with ability to resolve * Excellent verbal and written communication skills across all levels of the organization * Ability to re-engineer existing procedures * Common sense coupled with a strong analytical and logical approach * Proactive and aggressive approach to risk management * Ability to operate as a strong team player able to work efficiently & effectively against aggressive deadlines * Ability to build strong working relationships with and influence internal partners including trade support, documentation and sales/trading * Proven track record of Process Management. * Project Management or implementation of global strategic improvements. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser. Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.