Morgan Stanley
Trade & Client Operations Associate
Morgan Stanley, Baltimore, Maryland, United States, 21276
Overview
We’re seeking someone to join our team as a Trading & Client Operations Associate. Capital Markets Core Processing is a team of dedicated professionals servicing Morgan Stanley's Wealth Management Clients through Trade Processing, Clearing, Settlement and Asset Servicing. CMCP encompasses two functionally aligned organizations. The first, Trading & Client Operations, provides Operational functions in direct support of client activity across our Capital Markets Business Unit. The second, Clearing Operations, provides Operations functions in direct support for activity cleared by Morgan Stanley Smith Barney on behalf of our clients. The broad organization partners closely with Capital Markets and National Sales to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. CMCP partners closely with Client Service Operations, Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected ront to back view of operations to our Financial Advisors and their Clients. At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions. Our Baltimore team is one of the largest in the U.S. outside of New York and is home to industry-leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers, fueled by diverse backgrounds and experiences. Team Profile
The Balance & Control team within Capital Markets Core Processing is responsible for the integrity of the Firm's books and records through the reconciliation of the securities ledger and the cash sub-ledgers that roll into the General Ledger. This requires daily collaboration with all processing teams within CMCP, interaction with Technology, Operations Risk, and Finance to ensure resolution of open exceptions, reporting of aged breaks, and control of intraday processing to ensure processing risk is managed appropriately. Core Activities Managed By The Team
Balancing cash, currency and security activity at domestic and international clearing utilities and agent banks Balancing Trade blotter activity Detecting, aging and resolving stock ledger exceptions related to physical security transfer activity Preparing reconciliations and explanations of month end Operations FOCUS reportable balances for capital charges Preparing reconciliations that contribute towards the daily 15c3-3 computation Contributing towards tactical and strategic initiatives impacting the firm’s books and records Contributing towards Process Improvements, Enhancements, and Other Change Initiatives related to Trade and Transaction Processing, Reconciliation, and Control Strong organizational and communication skills Outstanding attention to detail and analytical ability Ability to work effectively with various areas of the firm Collaborator / Team player What Sets You Apart
Firm understanding the Trade Lifecycle including Trade Processing, Clearance, Settlement, Transfers, Asset Servicing, and Reconciliation Experience contributing towards or leading projects Experience with Automation (Alteryx, PowerBI, UI Path, Tableau) Experience with process mapping Comfort working with large data sets Strong Excel skills including creating pivot tables and utilizing functions and formulas to generate insights from data What You Can Expect From Morgan Stanley
We are committed to maintaining first-class service and a high standard of excellence. Our values include putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back. Morgan Stanley offers a comprehensive benefits program and opportunities for professional growth. Salary range for the position: 51,000.00 - 83,000.00 per year. Eligible for discretionary incentive compensation and participation in applicable incentive plans. Morgan Stanley is an equal opportunity employer and is committed to diversity in its workforce. What You Can Expect From This Role
This is an Associate Professional position at the P2 level within Product Support & Services, responsible for providing transaction support and managing post-execution processes. Seniority level
Entry level Employment type
Full-time Job function
Management and Manufacturing Note: This description is focused on the role and its responsibilities within Morgan Stanley Baltimore and does not include unrelated postings or duplicate content from the original text.
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We’re seeking someone to join our team as a Trading & Client Operations Associate. Capital Markets Core Processing is a team of dedicated professionals servicing Morgan Stanley's Wealth Management Clients through Trade Processing, Clearing, Settlement and Asset Servicing. CMCP encompasses two functionally aligned organizations. The first, Trading & Client Operations, provides Operational functions in direct support of client activity across our Capital Markets Business Unit. The second, Clearing Operations, provides Operations functions in direct support for activity cleared by Morgan Stanley Smith Barney on behalf of our clients. The broad organization partners closely with Capital Markets and National Sales to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. CMCP partners closely with Client Service Operations, Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected ront to back view of operations to our Financial Advisors and their Clients. At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions. Our Baltimore team is one of the largest in the U.S. outside of New York and is home to industry-leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers, fueled by diverse backgrounds and experiences. Team Profile
The Balance & Control team within Capital Markets Core Processing is responsible for the integrity of the Firm's books and records through the reconciliation of the securities ledger and the cash sub-ledgers that roll into the General Ledger. This requires daily collaboration with all processing teams within CMCP, interaction with Technology, Operations Risk, and Finance to ensure resolution of open exceptions, reporting of aged breaks, and control of intraday processing to ensure processing risk is managed appropriately. Core Activities Managed By The Team
Balancing cash, currency and security activity at domestic and international clearing utilities and agent banks Balancing Trade blotter activity Detecting, aging and resolving stock ledger exceptions related to physical security transfer activity Preparing reconciliations and explanations of month end Operations FOCUS reportable balances for capital charges Preparing reconciliations that contribute towards the daily 15c3-3 computation Contributing towards tactical and strategic initiatives impacting the firm’s books and records Contributing towards Process Improvements, Enhancements, and Other Change Initiatives related to Trade and Transaction Processing, Reconciliation, and Control Strong organizational and communication skills Outstanding attention to detail and analytical ability Ability to work effectively with various areas of the firm Collaborator / Team player What Sets You Apart
Firm understanding the Trade Lifecycle including Trade Processing, Clearance, Settlement, Transfers, Asset Servicing, and Reconciliation Experience contributing towards or leading projects Experience with Automation (Alteryx, PowerBI, UI Path, Tableau) Experience with process mapping Comfort working with large data sets Strong Excel skills including creating pivot tables and utilizing functions and formulas to generate insights from data What You Can Expect From Morgan Stanley
We are committed to maintaining first-class service and a high standard of excellence. Our values include putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back. Morgan Stanley offers a comprehensive benefits program and opportunities for professional growth. Salary range for the position: 51,000.00 - 83,000.00 per year. Eligible for discretionary incentive compensation and participation in applicable incentive plans. Morgan Stanley is an equal opportunity employer and is committed to diversity in its workforce. What You Can Expect From This Role
This is an Associate Professional position at the P2 level within Product Support & Services, responsible for providing transaction support and managing post-execution processes. Seniority level
Entry level Employment type
Full-time Job function
Management and Manufacturing Note: This description is focused on the role and its responsibilities within Morgan Stanley Baltimore and does not include unrelated postings or duplicate content from the original text.
#J-18808-Ljbffr