The Delta One Structured Products team sits within the Institutional Equity Division and focuses on the structuring, pricing, trading and risk management of equity-linked solutions, typically referencing indices, ETFs and single stocks (including equity swaps and other Delta One instruments). The Mumbai-based GMG team provides dedicated trading assistant coverage, supporting the day-to-day running of the desk through execution support, bookings and amendments, and timely coordination across stakeholders and time zones.

The Global Markets Group (GMG) is Morgan Stanley’s offshore arm for Sales & Trading in India. GMG supports the IED platform by partnering with onshore teams across Sales, Trading, Structuring, Quantitative/Strats, Analytics, Operations and Risk Management. The group provides scalable coverage, process excellence and technical expertise, enabling global desks to focus on client-facing priorities while maintaining strong controls, governance and risk discipline.

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously 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:

Provide day-to-day trading assistant coverage to the Delta One Structured Products desk, partnering with onshore Trading desk and other key stakeholders across the region.
Support execution workflows: trade capture/booking, amendments and cancellations, and timely escalation of breaks and issues.
Support client enablement for swap trading, including account mapping and coordination of client-specific requirements with internal teams.
Perform position, P&L and risk checks; investigate drivers of daily moves and resolve/escalate issues in close coordination with Trading desk.
Manage trade lifecycle events for swaps, including resets, rebalance and roll.
Own corporate action and dividend processing, including chasing for client elections where required, and ensure timely desk/risk updates for paying events.
Conduct reconciliations across front office systems, downstream platforms and internal reports; identify, investigate and escalate outliers and discrepancies.
Coordinate with external brokers, Operations, Product Control/Finance, Technology, Risk and Compliance to maintain strong controls, resolve operational issues and meet regulatory/internal requirements.
Drive process improvement and automation to reduce manual effort and improve controls.

What you'll bring to the role:

Strong understanding of equity markets and Delta One products, and their trade lifecycle (resets, dividends, corporate actions and rolls).
Experience supporting front office trading workflows: booking accuracy, amendments/cancellations and break resolution.
Sound control mindset with high attention to detail and awareness of operational risk.
Strong stakeholder management and communication skills; ability to coordinate effectively with Trading, Product Control, Operations, Technology, Risk and Compliance.
Excellent problem-solving skills and ability to work under time pressure in a fast-paced trading environment.
Advanced Excel skills; proficiency in automation/scripting tools preferred.

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.

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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.

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Institutional Equity Division, Senior Associate, Trading Assistant - Delta One Structured Products, Mumbai

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