We're seeking someone to join our team as a VP Department Manager to lead the support Securities Settlements team 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 a Department Manager position at the P5 job level within Global Securities Settlements which is responsible for performing securities settlements across several businesses and products.

The VP will lead a significant portion of the Americas Securities Settlements organization, with responsibility for DTC settlements and associated regulatory and operational risk. The individual will lead a team of 14+ employees in Baltimore, together with offshore and vendor resources supporting the Americas.

The role is accountable for managing firm risk through controls governing settlement fails, breaks and inventory management, maintaining compliance with applicable settlement regulations (regsho/204/Reg T), advancing the settlements transformation agenda, and leading an experienced operations team. The position has significant engagement across business lines, including direct partnership with Prime Brokerage, Fixed Income and Equities.

At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions. Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move across the businesses for those who show passion and grit in their work.

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 you'll do in the role:

- Set the vision for the direction of your team in conjunction with global peer group ensuring consistent execution, strong control framework, business enablement and process adherence within all local regulations

- Take responsibility for talent acquisition, developing a bench of talent, and creating a plan for succession

- Run the operation as a business by considering client service needs, cost effectiveness and the department's automation and efficiency agenda

- Partner directly with peers across Business Units and / or external stakeholders to provide input and execute on strategy and future state of their respective group

What you'll bring to the role:

- Can convey trust and confidence to influence stakeholders in the decision-making process to affect strategy and prepared to challenge where necessary

- Role model that advocates for your team, motivates and engages staff to achieve vision and inspire respect; supports and promotes the Firm's vision and values

- At least 10 years' relevant experience in securities settlements or a related Operations function, including experience managing or supervising a team.

- Solid working knowledge of US settlement processes, systems, and markets in addition to subject matter expertise in one or more key products/processes; as well as an understanding of the Firm, operations, market landscape, relevant topics, and development.

- Working experience with regSHO / 204 processes and associated risks.

- Sound risk and control mindset and good judgement without compromising control; ability to prioritize effectively against competing demands.

- Strong organizational and stakeholder management skills.

- Strong communication skills; ability to translate complex working processes, workflows, risk related analysis and impact into clear, tailored communications across stakeholders; strong interpersonal skills to build cross-divisional relationships.

- Ability to deliver on plans, complete next steps and resolve issues in a timely manner.

- A team player who supports and motivates colleagues, and promotes the Firm's vision and values.

- Proficiency in Excel, Word and PowerPoint as well as AI tools

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity 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.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Salary range for the position: $125,000.00 - $185,000.00/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, 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 and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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.

Salary range for the position: $125,000.00 - $185,000.00/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, 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 and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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.