Morgan Stanley

Asset Services Associate, Osaka

October 15, 2024

Asset Services Associate, Osaka
Job Number:
3256893
POSTING DATE: Oct 15, 2024
PRIMARY LOCATION: Japan-Japan-Osaka-Osaka
EDUCATION LEVEL: Bachelor's Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION
We’re seeking someone to join our team as a Associate in Shared Services and Banking Operations. In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Associate level position level position within the Core Services. The Japan Asset Services consists of two main products - Equity and Fix Income. It is a part of Global Asset Services within Morgan Stanley and supports Japan market for Japanese clients, in house traders and offshore Morgan Stanley entities as Standing Proxy Agent. The teams are responsible for dividends / corporate actions / proxy / coupons / redemptions as well as projects for process improvements / tighter controls / efficiencies.

Team members are responsible on a day-to-day basis for followings and Directors are also responsible for leading team and supervising those for business running accordingly.
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.
Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
Job Description:
    Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team
    Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements
    CSG function: Inquiry management for front office and clients. Providing payment confirmation and performing phone confirmation
    Research function: Ensuring accuracy of dividends / corporate actions / coupons / redemptions event details and send notification to clients
    Deadline function: Ensuring accuracy of client entitlements on key date. Monitoring client instructions / elections for voluntary events and submit instructions to agent banks
    Payment function: Ensuring accuracy of receipts from agent banks and allocating payments to client accounts in internal books & records, and performing external payments
    Reconciliations / break resolutions
    Tax related process: Withholding tax payments, documentation
    Preparation and submission of the regulatory reporting
    Managing projects for new businesses / efficiencies / legacy system eliminations with technologies / global counterparts
QUALIFICATIONS
What you’ll bring to the role:
    Excellent communication skills in both Japanese and English
    A self-starter and highly motivated
    Ability to adapt existing skills in a new environment
    Understanding of operational risk and controls
    Understanding of timely escalations
    Ability to perform well under pressure
    Ability to think laterally and pursue opportunities for system / process improvements
    Ability to handle multi tasks and attention to details
    Team player
    Understanding of equity and fixed income as business
    Asset servicing background (both equity and fixed income)
    Other operations background preferred i.e. as settlements etc
    Willingness to learn/try new challenges
    Detail oriented mindset
    JSDA class 1 and 2 (internal control manager preferred)
    At least 2 years’ relevant experience would generally be expected to find the skills required for this role
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