Market Management Lead

This position reports to the Executive Director of Markets Management Team within WM Capital Markets and will lead efforts for Equities (including Fractional Shares Trading) and Lending (fully-paid and securities) businesses.

About the Role

The Lead of Markets Management will optimize the client, Financial Advisor, and trader experience with our trading and lending platforms by leading tactical and strategic initiatives and ensuring the stability and ongoing risk mitigation of daily trading operations. The role requires strong critical thinking, project management skills, comfort with executive-level presentations, and familiarity with the daily operations of Equity, Options, and Lending trading desks.

Responsibilities

• Trading Management – Assist in overseeing policies, processes, reporting, and infrastructure prioritization to ensure stability and risk controls for the Equity, Options, and Lending businesses. Key focus areas include:
  • Partnering with internal and external trading partners to ensure efficient front-to-back trade flow and execution
  • Prioritizing and executing multi-year infrastructure investments
  • Daily supervision of market operations (market access limit monitoring, counterparty management, outage triage, large trade facilitation, funding, best execution)
• Fully-Paid and Securities Lending – Assist in leading cross-divisional efforts to secure client access to stock lending and short sale opportunities in partnership with E*Trade and our Institutional Securities group. Responsibilities include:
  • Identifying daily firm funding requirements
  • Best execution monitoring
  • Daily metrics reporting, PnL signoff, and risk supervision
  • Partnering with E*Trade business teams, platforms, Legal, Compliance, Risk, IT, and Operations
• Fractional Shares – Assist in scaling the newly-created Fractional Shares trading business, including connectivity to corporate stock plan, self-directed, and full-service accounts. Responsibilities include:
  • Supervising daily PnL, best execution, trading operations, and Volker reporting for the principal trading desk
• Strategic Initiatives – Assist in developing and delivering strategic efforts across the Capital Markets business. Sample initiatives include:
  • Competitive landscaping
  • Management reporting development
  • Pricing strategy and product expansion
  • Regulatory compliance
  • Financial Advisor and client marketing and education
  • Segmentation strategy

  This will require coordination with product managers, senior department management, key support partners (Legal, Compliance, Risk, Finance, National Sales), other Morgan Stanley divisions (MSIM/ISG), and potentially third-party vendors.

Requirements

• Undergraduate degree in business, finance, accounting, or a related field
• 5-7 years of experience in financial services, preferably in trading management, trading operations, consulting, strategy, or product management
• Active Series 7 license (required)
• Active Series 63 and 57 (must obtain within 6 months of start)

Skills

• Ability to analyze, summarize, and communicate effectively at an executive level
• Ability to work independently and collaboratively, demonstrating sound reasoning and judgment
• Strong interpersonal skills – ability to work with various professionals and levels of management across departments
• Excellent organizational skills, ability to manage multiple tasks, and meet assigned deadlines

About Morgan Stanley

At Morgan Stanley, we raise, manage, and allocate capital for our clients—helping them reach their goals. Our values—putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back—guide our decisions daily. We support and empower our more than 80,000 employees across 1,200 offices in 42 countries, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s ample opportunity to move within the business for those who show passion and grit in their work.

Pay

Expected base pay rates for this role range from $115,000 to $190,000 per year at the commencement of employment. Base pay is determined on an individualized basis and is part of a total compensation package that may include commission earnings, incentive compensation, discretionary bonuses, other short- and long-term incentive packages, and other Morgan Stanley-sponsored benefit programs.