Restricted Securities Associate

711 MS Smith Barney, LLC; New York (NY); On-site; USD 70,000 - 95,000; Full time

Job summary

Morgan Stanley is seeking a Restricted Securities Specialist within the Executive Financial Services team in New York. You will perform due diligence, review Rule 144 exemptions, and own the transaction from start to finish, coordinating with Financial Advisors, Legal, Compliance and other partners.

You'll educate Field staff on restricted securities rules and coordinate filings, maintaining electronic records and supporting affiliates.

Qualifications

• Understanding of Rule 144 and exemptions.
• Proficiency with Microsoft Office suite.
• Excellent written and verbal communication.
• Positive, proactive, professional approach.

Responsibilities

• Respond to field inquiries regarding restricted securities and gather information to inform solutions.
• Review client transaction requests and ensure accuracy of details for exemptions and offerings.
• Owns the transaction end-to-end, including filing and maintaining electronic records.

Skills

Regulatory knowledge

Microsoft Office

Detail oriented

Written and verbal communication

Job description

Department Profile Executive Financial Services("EFS") at Morgan Stanley @ Work, is the industry leader in the suite of services supporting products and transactions related to HNW Clients. We dedicate focus to senior executives of public companies to assist in liquidity needs through understanding the complexities and requirements related to compliance and regulatory framework. EFS plays an integral role at the Firm as subject matter experts, and are key in driving positive franchise results year after year, and maintaining the highest rank in the industry in quality and service.

As part of the Restricted Securities Specialist Team you will devote your time to performing due diligence and approving transactions related to restricted and control securities. You will liaise with Financial Advisors and their client's, Issuer's counsels, Legal, Compliance, Risk, Structured Products, Private Bank, Stock Plan services and Senior MS Management. You will play an active role in educating Financial Advisors and Branch Management partners in the EFS service model including guidance and education on the rules related to transact in restricted securities and managing affiliate transactions.

Responsibilities

Respond to general inquiries from the WM Field related to restricted securities including gathering relevant information to inform on the appropriate solution. Review submitted client transaction requests and the required documents for detail accuracy of the facts presented related to the exemptions under Rule 144, including pledging/ the use of collateral for certain lending products and special situations that involve the resale of securities under certain Registration Statements, including Direct Public Offering's (DPO), Special Purpose Acquisition Corps (SPAC), PIPES, Reg-S Offerings. Perform due diligence with the Company legal teams on proposed client transaction; liaise with Financial Advisors/Branch if additional information is required to send the approval to transact. You own the transaction from beginning to end, including filing public documents to support the clients filing obligations pursuant to Rule 144; organizing, updating and maintaining the electronic records of the transaction in our proprietary books and records system. Collaborate with your team, EFS's many partners including Legal, Risk, Compliance, Technology, Operations, Project Manager's and others and continually assist in improving functions and processes always striving for a seamless client experience. Responsible for assigned projects delivering objectives and key results for the restricted securities team, EFS and Morgan Stanley @Work

To be successful in this role:

• You bring a learning mindset that believes in applying what you learn to drive success.
• You are excited about taking on challenging and nuanced situations to address the needs of our clients and partners.
• Self-starting and taking ownership of your transactions/projects from the beginning to the end.
• You have great analytical and deductive skills that guide you in efficient and successful outcomes.
• You are excited to operate in a time sensitive manner in a high paced environment while managing balancing priorities.
• You have an appreciation for the importance of following procedures, structure, and process under which you will be operating under.

Qualifications

At high level you understand the regulations and exemptions of Rule 144, and equity securities and the different nature of acquisitions. You worked at a Wealth Management Branch with Financial Advisors and assisted in servicing product operational needs of clients. You understand the general functions and process of divisions such as operations, lending, stock plan administration and trading. You have general understanding of the different types of products offered to clients who are affiliate of public companies and the requirements that must be met. While being FINRA licensed is not a requirement, we may be open to sponsoring you. Proficiency in the Microsoft workplace suite of products. Detail oriented with superior organization skills. Positive, proactive, and professional approach to all role responsibilities. Excellent written and verbal communication with the ability to anticipate and articulate follow up questions and answers.

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 weve 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 - arent just beliefs, they guide the decisions we make every day to do whats best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, youll 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. These also 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.

Expected base pay rates for the role will be between $70,000 to $95,000 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.

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.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.