E*Trade Check Deposits Analyst – Wealth Management Operations

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

E*TRADE, a member of the Morgan Stanley family of companies offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Flexible Spending Account or Health Savings Account, Life Insurance, Disability and other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k) and financial wellness plans in addition to other special perks reserved for our employees. Please visit Employment benefits at E*TRADE Financial — explore jobs (etradecareers.com) learn more about our benefit offerings.

This role processes check deposits mailed to our office and supports our branch network. It will have a targeted emphasis in the check and securities products that support the bank & retail brokerage franchise and will interact with different cross groups within the organization and our third-party vendors. The position will also assist with leading department audits/regulatory exams and will liaise with key Retail Branch Network, Customer Service, Product, and Technology partners.

Responsibilities

• Day to day accurate and efficient check and securities processing
• Working collaboratively with other cross groups on projects and initiatives such as, bank and brokerage transactional integration, workflow automation, and internal process automation
• Fraud monitoring and escalation across all deposit channels and bank/retail product account activity
• Maintains a working understanding of, and complies with applicable banking regulations as well as internal policies and procedures
• Ability to research and conduct problem resolution between cross groups on check deposit inquiries

Qualifications

• Strong written and oral communication skills
• Strong analytical skills including ability to research, schedule, analyze and present findings
• Proven organizational skills with attention to detail- Strong computer skills (Word, Excel, Access, etc.)
• Must be a dynamic and self-starting individual, able to work independently or as part of a team

Role is Hybrid and will require in office attendance 3 days/week.

Expected base pay rates for the role will be between $65k and $70k per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Posting Date

Jan 20, 2023

Primary Location

Americas-United States of America-New Jersey-Jersey City

Education Level

Bachelor’s Degree

Job

Other

Employment Type

Full Time

Job Level

Analyst