Jobs · Management · Maryland

Associate - Prime Brokerage Operations

Morgan Stanley · Baltimore, MD · 2 mo ago
Management$51k–$83k/yrFull-time

About the role

We’re seeking someone to join our team as an Associate in ISG Equity Operations responsible for providing first class service and break resolution for a number of clients over various products for global markets. The Associate will work closely with Global Stakeholders including the Prime Brokerage Trade Support teams, Prematch and Fails, the Business Units and senior management across the firm.

Responsibilities

  • Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team
  • Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements
  • Build relationships within team and internal stakeholders, sharing knowledge to contribute to team output
  • Participate in projects and initiatives, aiding in solution formulation with a focus on timely execution
  • Liaising/communicating with Global stakeholders and various operational groups
  • Planning and organizing of project, initiatives and team testing
  • Providing reporting /information to management and key stakeholders
  • Process management of various client related functions such as trade amendments, client queries & reporting within specified timescales
  • Ensuring procedures are accurate, relevant and adhered too
  • Pro-actively contributing towards the drive to improve process efficiency through root cause analysis
  • Identification and timely escalation of risk items to management

Requirements

Knowledge of the full Trade flow from Execution to settlement for the market & the client

Experience preparing team procedures and assessing/implementing team controls

Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision

Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests

Culture carrier across Operations, embracing the Firm's core values

At least 2 years’ relevant experience would generally be expected to find the skills required for this role

Good knowledge of Microsoft Office applications

Proven track record of successful project implementation

Qualifications

At least 2 years’ relevant experience would generally be expected to find the skills required for this role

Good knowledge of Microsoft Office applications

Proven track record of successful project implementation

Skills

Knowledge of the full Trade flow from Execution to settlement for the market & the client

Experience preparing team procedures and assessing/implementing team controls

Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision

Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests

Culture carrier across Operations, embracing the Firm's core values

Benefits

There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Pay

Baltimore Salary range for the position: $51,000 - $82,500 Yr.

Schedule

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.

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