Wealth Management Operations Associate

Morgan Stanley; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

Morgan Stanley seeks an Associate in Wealth Management Operations to join a growing team. Responsibilities include managing operational processes across various business lines and ensuring compliance with regulations. Ideal candidates should have at least 3 years of relevant experience and strong analytical skills, with a focus on building relationships and solutions in a fast-paced environment.

Benefits

Comprehensive employee benefits

Support for work-life balance

Inclusive environment fostering diverse perspectives

Qualifications

• At least 3 years’ relevant experience expected.
• Ability to establish clear goals and priorities.
• Knowledge of mutual funds and fee-based products.

Responsibilities

• Execute processes and support project efforts.
• Recognize risk and contribute to process improvements.
• Assist in compliance reviews and internal audits.

Skills

Analytical skills

Problem-solving skills

Organizational skills

Multitasking skills

Tools

Knowledge of Retail Canadian Wealth Account Types

Job description

We’re seeking someone to join our team as an Associate in Wealth Management Operations to join a growing team as we look to expand the footprint of the Wealth Canada business. This person will be working on the Operations team and will be responsible to service 4 different business lines, maintain relationships with internal and external partners and adhering to CIRO regulations as it pertains to client or advisor activity.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships, driving strategic automation solutions by embracing a transformation mindset and challenging the status quo. This is an Associate level position within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What You’ll Do In The Role

• 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
• Assist in gathering relevant details required during compliance reviews as well as both internal and external audits.
• Familiarize, create, maintain and update standard operation procedures and workflow documentation to ensure consistency, compliance and efficiencies
• Support the onboarding of managed and fee-based accounts by reviewing documentation, setting up billing parameters and ensuring accurate system configuration aligning with firm policy.
  
  

What You’ll Bring To The Role

• 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
• Strong analytical and problem-solving skills with attention to detail. Good organizations skills, with the ability to multitask
• Knowledge of Retail Canadian Wealth Account Types for client Account Opening types: (Cash, Margin, Registered, Managed Accounts) and Product types: mutual funds (PAC/SIP/SWIP’s) & Fee Based Products (Fee set up & posting)
• At least 3 years’ relevant experience would generally be expected to find the skills required for this role
  
  

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity

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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.

What You Can Expect From Morgan Stanley

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.