Banking Operations & Shared Services Associate

Morgan Stanley; Baltimore (MD); On-site; USD 64,000 - 108,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Health Savings Account (HSA)

401(k) program

Paid time off

Job summary

Morgan Stanley Baltimore is seeking an Associate in Shared Services & Banking Operations to help deliver the Corporate Deposits capability. Role focuses on transaction monitoring, payment processing, exception management and operational risk control within a growing banking operations environment.

The Associate level role (P3) works with multiple business units to support financial transactions, implement controls and develop client relationships. Minimum 4 years’ relevant experience required.

Qualifications

• Experience in banking operations, payment operations, deposit operations, transaction processing, cash management, or client servicing within a financial services environment.
• At least 4 years’ relevant experience would generally be expected to find the skills required for this role.
• Ability to operate independently with respect to some job responsibilities.

Responsibilities

• Execute complex processes and assist a Team Manager in coordinating processes, risks and/or projects in a Team Lead capacity.
• Recognize risk in day-to-day processes to draw out the key issues and leverage detailed knowledge to propose changes in process.
• Train others, allocate tasks and support with first line escalation where required.
• Share expert knowledge across the team, contribute to team output and development, building relationships across the Firm.
• Perform transaction monitoring, payment processing, investigations, and exception management activities supporting the Corporate Deposits product.
• Investigate client-impacting payment issues, support call back verification and sanctions/fraud reviews, and maintain accurate operational documentation and control evidence.

Skills

Banking operations

Transaction monitoring

Payment processing

Exception management

Operational risk control

Team coordination

Independent work

Tools

Microsoft Office

Job description

Morgan Stanley Baltimore is seeking an Associate in Shared Services & Banking Operations to help deliver the Corporate Deposits capability. Role focuses on transaction monitoring, payment processing, exception management and operational risk control within a growing banking operations environment.

The Associate level role (P3) works with multiple business units to support financial transactions, implement controls and develop client relationships. Minimum 4 years’ relevant experience required.