WM Trading Operations, Associate

Morgan Stanley; Chicago (IL); On-site; USD 80,000 - 105,000; Full time

Job summary

A leading financial firm seeks a Trading Operations Associate to deliver trade support and implement risk control strategies for client trading in equity, options, and futures markets. The role demands extensive knowledge of order management systems and strong communication skills. The position requires 4 days onsite in Chicago, offering a competitive salary and opportunities for growth.

Benefits

Comprehensive benefits

Competitive salary

Discretionary incentives

Opportunities for growth

Qualifications

• Extensive knowledge of equity, options, and futures markets.
• Ability to analyze and resolve complex issues.
• Strong prioritization and multi-deadline management skills.

Responsibilities

• Monitor and review customer orders based on risk parameters.
• Investigate and resolve trading inquiries to enhance client experience.
• Provide internal trade support to various teams.

Skills

Communication

Organizational Skills

Problem Solving

Teamwork

Adaptability

Education

Active Series 7 & 63 Licenses

Tools

Microsoft Office

Bloomberg Terminal

Job description

Join to apply for the WM Trading Operations, Associate role at Morgan Stanley

Overview

The Trading Operations Associate will deliver trade support and implement operational risk control strategies for client trading activity in the US equity, options, and futures markets. This role requires a deep knowledge of order management systems (OMS), order routing, and middle office support.

Note: This role requires 4 days onsite in Chicago

Duties and Responsibilities

• Monitor and review customer orders based on proprietary risk-based parameters and standards
• Investigate and resolve trading inquiries and exceptions to enhance client experience and ensure regulatory compliance
• Provide internal trade support to E*TRADE Service, Sales, and Operations teams via phone, email, and chat
• Troubleshoot operational and technology-based problems impacting customer orders and trades
• Handle inbound communication from market centers and exchanges regarding order routing and trade execution
• Facilitate effective order routing and management utilizing proprietary OMS and related middle office applications
• Provide insights and feedback for process improvement and operational efficiency
• Monitor and evaluate system performance
• Become a subject matter expert on E*TRADE’s trading applications, OMS, and US market structure
• Review and resolve reconciliation exceptions on trade- and order-related reports
• Uphold strict risk-management principles to protect clients, the firm, and the markets

Knowledge and Skills

• Ability to work independently and as part of a team in a fast-paced, time-sensitive environment
• Extensive knowledge of equity, options, and futures markets and trading
• Strong prioritization and multi-deadline management skills
• Ability to analyze and resolve complex issues
• Quick learner with the ability to adapt and acquire new skills
• Work well under pressure
• Understanding of margin, order entry/execution, corporate actions, reorganizations, and P&L
• Excellent communication and interpersonal skills
• Strong organizational skills and judgment
• Knowledge of securities industry regulations and environment
• Proficiency with Microsoft Office, especially Excel; Bloomberg Terminal and OMS/EMS experience are pluses
• Active Series 7 & 63 licenses required

What You Can Expect From Morgan Stanley

We are committed to excellence, diversity, and inclusion, offering a supportive environment with comprehensive benefits, competitive salary ($80,000 - $105,000), discretionary incentives, and opportunities for growth. Our values guide us in serving clients and communities, and we strive to reflect these in our workforce.

Equal opportunity employment policy applies, welcoming applicants regardless of protected characteristics.