Primary Responsibilities
Trade settlements oversight: Provide end-to-end operational oversight for cash-settled OTC derivatives and physically settled commodity transactions across energy, metals, environmental, freight, and agricultural products.
Post-execution processing: Own critical processes including settlement calculations, invoicing, payment processing, inventory reconciliation, post settlements reconciliation, and exception management.
Settlement risk management: Ensure timely and accurate cash and physical settlements while minimizing operational, financial, regulatory, and reputational risk.
Escalation ownership: Act as the senior point of escalation for complex settlement disputes, cash breaks, payment exceptions, inventory discrepancies, and counterparty issues.
Control framework: Maintain a robust control environment across settlements, reconciliations, payments, inventory, and reporting processes; identify control gaps and drive remediation.
Stakeholder and counterparty engagement: Partner with Trading, Structuring, Risk, Product Control, Treasury, Legal, Compliance, Finance, Technology, pipeline operators and other market participants.
Business enablement: Provide operational expertise for new products, business growth initiatives, and contractual settlement requirements.
Strategic change and platform development: Lead automation, workflow optimization, reconciliation, inventory reconciliation, and settlement platform enhancement initiatives in partnership with Technology and business stakeholders.
People leadership: Lead, coach, and develop Operations professionals supporting global commodity settlement activities while promoting accountability, risk awareness, continuous improvement, and client service excellence. 10+ years of experience in OTC derivatives operations, commodity operations, trade support, settlements, middle office, or transaction processing functions.
Experience supporting commodity products such as energy, power, natural gas, crude oil, refined products, metals, emissions, freight, or agricultural markets preferred.
Demonstrated leadership experience within a front-office support environment, including team management, stakeholder engagement, escalation management, and delivery of strategic initiatives.
Strong understanding of physical settlement workflows, including scheduling, inventory management, transportation logistics, delivery obligations, and counterparty coordination preferred.
Proven ability to identify, assess, and mitigate operational risk through effective controls, governance, issue management, and audit or regulatory remediation.
Strong analytical and problem-solving skills with the ability to interpret operational metrics, prioritize issues, and drive data-led process improvements.
Advanced Excel skills required; experience with Power BI, SQL, Alteryx, AI tools, workflow automation tools, or strategic data platforms preferred.
Excellent written and verbal communication skills, including the ability to summarize complex settlement issues, operational risks, and recommendations clearly for senior management.
Commercially minded, results-oriented, and able to operate independently in a fast-paced trading environment with strong ownership, judgment, and attention to detail.
Role is hybrid and will require in office attendance 3 days/week.

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.