Deposits & Cash Management COO Team Associate

Morgan Stanley • New York, NY

65d • $58,000 - $115,000

About The Position

Morgan Stanley is a global financial services leader with three core businesses - Institutional Securities, Asset Management, and Global Wealth Management. Wealth Management is offered by Morgan Stanley Smith Barney (MSSB), which has one of the world's largest networks of Financial Advisors. Morgan Stanley continues to expand its suite of world-class banking and lending products exclusively for Financial Advisors and their clients.  In addition to our comprehensive financial services, which include brokerage, investment advisory, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley has invested in and enhanced its lending, mortgage, trust and cash management capabilities. The U.S. Banks continue to play a key role in executing the Global Wealth Management strategy. There is continued emphasis on growth in the core product offerings. Morgan Stanley continues to make considerable investments in this business in terms of strategic platform, and personnel. The recent integration of ETRADE's Banking Products provides an enormous opportunity for growth as it expands our product offerings, particularly in the Cash Management & Deposits space. Join our dynamic COO team supporting the Deposits & Cash Management business. We are seeking a highly motivated self-starter to be an Associate within the Deposits and Cash Management COO team to help manage the growing business. This role will report directly to the COO of Deposits and Cash Management and offers a unique opportunity to drive strategic initiatives, enhance operational efficiency, and collaborate across functions in a fast-paced environment. This AVP will be responsible for delivering on initiatives related to business strategy, talent development, budget and expense oversight, administration and project management. The role offers a unique opportunity to work with internal stakeholders across the U.S. Banks and broader organization, gaining exposure to senior leadership and cross-functional teams. It is an excellent platform to build a foundation in business operations and develop leadership capabilities through hands-on-experience managing the front-to-back needs of a high-performing team.

Requirements

• BA/BS required with 2-3 years of experience in business management or strategy roles, ideally in Financial Services/Wealth Management.
• Strong project management skills, with a proven ability to lead initiatives, manage timelines, and coordinate across cross functional teams.
• Excellent written and verbal communication skills, with the ability to prepare executive level materials and facilitate meetings.
• Strong analytical and problem-solving abilities, with continuous improvement mindset and attention to detail.
• Ability to manage multiple priorities in a fast-paced environment, with a high degree of ownership and accountability.
• Proficiency in Microsoft Office Suite

Responsibilities

• Deliver strategic and day-to-day operational support to the Deposits & Cash Management team, ensuring alignment with business goals.
• Create and maintain reports, dashboards and presentation materials for senior management and external stakeholders.
• Partner with Product Leads, Finance and Bank Business Management to assist with the management of the non-compensation budget process.
• Support project management for high-impact initiatives, tracking milestones, ensuring timely execution and communication of status.
• Identify and implement process improvements to enhance team effectiveness.
• Manage team meeting logistics, including agenda development and preparation of supporting materials.
• Coordinate across internal and cross-functional teams to monitor deliverables and follow up on outstanding items.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Number of Employees: 5,001-10,000 employees