Operations Associate - Parametric

ABOUT MORGAN STANLEY

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

ABOUT PARAMETRIC

Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what is important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings.

This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.

ABOUT THE TEAM

The operations department consists of a team of professionals that focuses on the overall operations of Parametric. This group ensures the production process is complete from start to finish and lines up with the goals and functions of other departments within the firm. Examples include supervising, organizing and completing daily production, measuring and evaluating daily workload, and providing services to ensure the business runs as smoothly and effectively as possible.

THE ROLE

Seeking an experienced Trade Settlement Associate with 3-6 years of experience to be a part of operations team. The ideal candidate would have experience in a fast-paced environment working with the settlement of a high volume of trades (domestic and global) to ensure the timely settlement of Parametric's trade activity, reporting and other duties as assigned. We are looking for a self-starter with proven leadership skills as well as keen attention to detail and the ability to work independently under tight deadlines. This person will have a deeper understanding of the whys behind processes as well as be able to recommend improvements to aid daily workload.

PRIMARY RESPONSIBILITIES

Ability to self-manage in a high volume, fast-paced environment with strict deadlines

Responsible for the entire process of post trade processes, including transmission of trades to counterparties, matching/confirmation/affirmation of trades, resolution of exceptions

Support supervisor on higher level tasks; act as a secondary reviewer for high risk activities

Act as an escalation contact as well as provide advisement to staff on unresolved or escalated activities

Maintain day-to-day relationships with a wide range of brokers, custodians and vendors

Assisting in the automation of the settlements process

Record Keeping/Maintenance of Client/Broker records and files

Ability to manage high volume of trades, accounts, counterparties

Ability to manage appropriate escalation of issues

Support, mentor and train new team members

Perform daily and monthly audits as needed

Be a proxy for the Supervisor when the Supervisor is unavailable

Implement procedure improvement strategies with team when necessary

Improve task efficiency. Develop and maintain standard operating procedures. Create and maintain written procedures.

Manage long or short term projects

JOB REQUIREMENTS

Bachelor's (4yr) degree w/ concentration in Finance or Accounting

3-6 years Trade Settlements experience; advanced industry experience may be reviewed in lieu of direct experience with Settlements

Excellent communication, teamwork and conflict resolution skills.

Strong attention to detail

Ability to work independently under tight deadlines and effectively manage multiple tasks

Strong professional demeanor; ability to act as a proxy for supervisor appropriately

Proven leadership skills

Working knowledge of the settlements process and the lifecycle of a trade

Competent in Microsoft Office programs; strong Excel skills a must

Experience with VBA and Macros a plus

Knowledge of Omgeo Alert, CTM, TradeSuite/Match and SWIFT messaging or other relevant systems

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

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.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.