WM Operations- Client Reporting Operations- Associate

Morgan-Stanley; Town of Islip (NY); On-site; USD 65,000 - 103,000; Full time

Job summary

Morgan Stanley in New York is seeking an Associate in Wealth Management Client Reporting Operations to support onboarding and maintenance of externally held investment accounts for comprehensive client reporting across the Wealth Management platform.

You will execute processes, identify risks, and collaborate with Financial Advisors, branch staff, and internal stakeholders to ensure timely onboarding and accurate reporting. At least 2 years of relevant experience is expected.

Qualifications

• Minimum of 2 years of relevant experience in wealth management or financial services.
• Strong understanding of client reporting processes and account servicing.
• Ability to collaborate with Financial Advisors, branch staff, and internal stakeholders.

Responsibilities

• Execute processes/functions and support process management and project efforts, leveraging knowledge of systems, markets and instruments.
• Recognize risk in day-to-day processes to identify issues and contribute to improvements.
• Build relationships within the team and with internal stakeholders to boost output.
• Participate in projects and initiatives, aiding solution formulation with timely execution.
• Process onboarding and maintenance requests from branch and field partners to support reporting capabilities.
• Review account documentation, perform due diligence, and ensure timely setup of externally held assets within reporting platforms.

Job description

We're seeking someone to join our team as an Associate in Wealth Management Client Reporting Operations to support the onboarding and maintenance of externally held investment accounts that enable comprehensive client reporting across Morgan Stanley's Wealth Management platform.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. This is an Associate level position level position within the Product Support & Services, which is responsible for providing transaction support and managing post execution processes.Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.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- Process account onboarding and maintenance requests received from branch and field partners to support client performance reporting capabilities- Review account documentation, perform required due diligence, and ensure timely and accurate setup of externally held assets within internal reporting platformsWhat 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- Understanding of financial services operations and investment account servicing processes- Ability to effectively partner with Financial Advisors, branch personnel, and internal stakeholders to resolve inquiries and drive timely onboarding outcomes- At least 2 years' relevant experience would generally be expected to find the skills required for this roleWHAT 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.Expected base pay rates for the role will be between $65,000 and $103,000 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 .