Digital Direct Margins Operations- Associate

Morgan Stanley; New York (NY); Hybrid; USD 65,000 - 103,000; Full time

Benefits offered by this job

Medical benefits

Paid time off

401(k) plan

Dental and Vision

Job summary

Morgan Stanley is seeking a Margin Operations professional to manage exceptions, monitor margin calls, and review asset transfers. The role requires experience with REG-T, Day-Trade rules, and complex option strategies. Hybrid in-office 3 days/week in New York.

Ideal candidates have a finance-related degree and 2+ years in broker-dealer margin or equity/options trading, with strong analytical and communication skills. The position offers comprehensive benefits and growth opportunities.

Qualifications

• Bachelor's degree in business or finance.
• Clear articulation of complex ideas to any audience.
• Willingness and desire to learn new skills in brokerage operations.
• Detail-oriented with proactive risk identification and change.
• 2+ years in broker-dealer space, preferably Margin Ops or Equity/Options trading.
• Strong understanding of margin balances and buying power across multiple products.
• Regulatory knowledge of FINRA 4210, Reg T, Portfolio Margin, PD trading.
• Knowledge of Excel and Tableau/Bloomberg in daily work.

Responsibilities

• Initiate, review and manage exceptions to margin policy.
• Perform daily margin processes: margin calls and collateral monitoring.
• Review asset transfers (funds and securities).
• Understand REG-T Margin guidelines, Day-Trade rules and options strategies.
• Take action on at-risk accounts for adherence to policy or market conditions.
• Support customer service in resolving margin issues via email, phone or chat.
• Assess risk and apply closing transactions in fast-moving markets.
• Escalate risk-related issues to leaders in all lines of business.
• Participate in cross-functional initiatives to improve risk management and order execution.
• Provide regular reporting to direct management.

Skills

Risk management

Financial markets

Regulatory knowledge

Analytical thinking

Communication skills

Willingness to learn

Margin concepts

Education

Bachelor's Degree in Business or Finance

Tools

Excel

Tableau

Bloomberg

Job description

Company Profile

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.

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.

Responsibilities

• Initiate, review, and manage exceptions to the firm's current margin policy
• Perform daily margin processes: managing margin calls and monitoring accounts for accuracy and sufficient collateral
• Review asset transfers (funds and securities)
• Strong understanding of REG-T Margin guidelines, Day-Trade rules and complex option strategies
• Take-action on at-risk accounts for adherence to the firm's policy, market conditions, or individual account behavior
• Support customer service in identifying, managing, and resolving client margin issues via email, phone, or instant-message responses
• Assess risk and apply closing transactions in high-pressure and fast-moving market conditions
• Escalate risk related issues to various leaders in all lines of business
• Participate in cross-functional initiatives aimed at formulating policy and improving systems used to manage risk and execute client orders
• Provide regular reporting to direct management
• Contribute positively to the client experience by developing and sharing operational process enhancement ideas to the broader organization

Qualifications

• A Bachelor's Degree in Business or a Finance related field
• Ability to clearly articulate complex ideas to any audience within the organization
• Willingness and desire to learn new skills related to all aspects of brokerage operations
• Detail-oriented and have a proactive approach to identifying risk and effecting change
• 2+ years of work experience in the broker-dealer space, preferably in Margin Operations or Equity/Options Trading
• Strong understanding of margin balances and buying power across multiple products (REG-T, REG-U, Options and Portfolio Margin)
• Working regulatory knowledge of FINRA 4210, Federal Regulation T, U, Portfolio Margin and Pattern Day-Trading.
• Solid understanding of trading strategies, and current financial market conditions
• Knowledge of financial markets, derivatives, and margin (Regulation T)
• Knowledge of Excel and other Microsoft Office products in addition to systems such as Tableau, Bloomberg, etc.
• Willingness to learn new processes/systems

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

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.

Salary range for the position: $65,000 and $102,500 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

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

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.