We’re seeking someone to join our team as a Director managing the full lifecycle of voluntary and mandatory corporate actions, processing dividend, distribution, and coupon payments, and handling proxy voting in the German market. Additionally, the person in this role will manage production support, perform supervisory checks, compile management reporting, offer project support, ensure regulatory reporting, and serve as the interface and contact point for internal and external queries.
This is a Director position, within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.
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.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What will you be doing?
Coverage of full lifecycle of German voluntary and mandatory corporate actions including
event research of local market sources and translation into English language for onward information provision to clients
deadlines processing at corresponding German agent banks / in agent system
outturn/payment processing including reconciliation and break resolution
preparation of corresponding regulatory reporting AWV Z10
Coverage of full lifecycle of non-German voluntary and mandatory corporate actions as per ICSD information
research information provision to clients
deadline and payment processing including reconciliation and break resolution
Processing of German and non-German dividend, distribution and coupon payments including
reconciliation and payment of agent and client positions/pending trades
withholding of tax as stipulated by OGAW IV
preparation of regulatory reporting AWV Z11
Annual General Meetings of German and non-German companies
+ proxy voting management
+ arrangement of attendance for clients
Outsourcing Supervision in Brexit context
Cooperation and Collaboration with Global Asset Servicing teams of Morgan Stanley & Local Teams
Reconciliation and Break Clearance
Monthly Regulatory Reporting Obligations
Continuous Improvement of Processes (RTB and CTB)
What you’ll bring in the role:
Educated to a degree or equivalent academic level
Experience of working in one or more of the following Operational processes is preferred - Asset Services, Securities Settlements
Experience in supervision of a global Bank / Broker Dealer
Knowledge of regulations for Banks and Broker Dealer in Germany
Knowledge of operational functions and processes of a broker dealer
Cross product knowledge
Focus on risk and displays the ability to react quickly to issues and see them through to conclusion
Language skills: fluent in written & spoken English is required
Language skills: fluent in written & spoken German is preferred
Strong general management skills and stakeholder management skills
Sound interpersonal skills, freely develops networks, builds consensus and develops alliances across the organization
Strong confident communicator (written and oral)
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here .
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