Brokerage Operations Associate - Calgary, Canada - Morgan Stanley

Morgan Stanley

Verified Company

Calgary, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Brokerage Operations Associate

Job Number:
3230482

POSTING DATE:
Jan 26, 2023

PRIMARY LOCATION:
Americas-Canada-Alberta-Calgary

EDUCATION LEVEL:
Bachelor's Degree

JOB:
Other

EMPLOYMENT TYPE:
Full Time

JOB LEVEL:
Associate

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.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic.

Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

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.

Wealth Management Operations is a global organization operating in 11 cities across 7 countries in support of Wealth Management with client assets of $2.4T, 6.6M client accounts, and ~16K Financial Advisors.

The organization drives operational excellence by supporting business growth, enhancing the client experience, and improving operational efficiency with a strong foundation in risk and financial management through its member divisions; Chief Operating Office, Client Service Risk & Control, Capital Markets & Core Processing Operations, Product Operations & Account Services, Private Banking Operations, and Tax & Client Reporting Operations.

The Role:
Brokerage Operations Associate

Reporting into the Manager, Brokerage Operations the Brokerage Operations Associate provides trading, share movement and money movement support for all North American stock plan clients.

The associate will be assigned to a specific function will provide oversight to ensure transactions are processed on time and accurately.

The Specialist is a customer service-oriented problem-solver who engages internal and external partners to achieve remarkable service for our clients and plan participants.

Aligning to the enterprise goals, you will support the daily completion of settlement and payments activity.

You'll support team objectives and initiatives and you'll leverage your experience to promote the continuous improvement of technology, tools, and processes.

What You'll Do:
Reconcile and coordinate daily share and money movement with transfer agents, broker partners and our banking partner
Complete investigations of trade discrepancies or settlement delays
Cash or share rejection handling and reprocessing
Daily process audit, data validation and control sign off
Enhance or create process documentation and training guides
Accurately sort, format treasury letters, and verify accuracy

QUALIFICATIONS
What You Bring

Prior financial services experience highly desirable: bank, brokerage operations, trade settlements, investment fund, pension fund, commodities trading, or other

Interest in and/or experience with equity compensation and share plans

Strong analytical, critical thinking, and problem-solving skills

Accuracy, attention to detail, and solutions orientated

Effective time management and ability prioritize tasks

A deep belief in team success, collaboration, and a willingness to adapt to continuous change

Comfortable in a fast-paced and evolving environment which includes ongoing learning and training opportunities