Mutual Funds Wealth Management Associate

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.

A Mutual Funds Wealth Management Associate will support and provide assistance for all functions in the trading department.

Primary Responsibilities

• Ability to handle a high volume of requests in a fast-paced environment and meet the various trading deadline and price protection deadline.
• Work with asset managers to resolve trade rejections
• Review/Process mutual fund trade requests from the field
• Troubleshoot live mutual fund order entry issues and inquiries from the field
• Process sweep settlements
• Review inquiries from various other internal departments regarding accounts, trade activity and reconciliation breaks.
• Provide oversite within Institutional Money market trading

Skills Required

• Bachelor’s degree preferred or equivalent education or experience
• 2 or more years of industry experience
• Effective written and verbal communication skills
• Strong attention to detail and excellent judgement
• Organizational skills, attention to detail and ability to multi-task
• Ability to research and resolve problems and escalate when appropriate
• Strong computer skills including Microsoft Suite
• Be self-motivated and able to work in a strong team and high activity environment

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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

Expected base pay rates for the role will be between 51000 and 85000 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 5, 2023

Primary Location

Americas-United States of America-New York-New York

Education Level

Bachelor’s Degree

Job

Other

Employment Type

Full Time

Job Level

Associate