Assoc, Professional, P2, Product Support & Services WM, NEX : Job Level - Associate

Morgan Stanley•Baltimore, MD

2d•$63,000 - $83,000

About The Position

The Foreign Currency Trade Support Associate is a key member of the Global Currency and Foreign Exchange Trade Support and Service Team. This role provides operational support for the booking and settlement of non-USD securities and transactions for Wealth Management clients, ensuring seamless execution across multiple regions and platforms. ________________________________________ Key Responsibilities: Trade Support Operations > Assist with order entry and post-trade execution for foreign exchange and global currency products. > Respond to client currency inquiries and coordinate FX margin reviews and wire management. > Facilitate the movement of non-USD currency across various transaction types. Wires and Journals > Oversee outgoing currency wire management and intercompany settlements. > Process client currency transfer requests and journal entries. Reconciliation and Control > Maintain and reconcile bank accounts including: o 18 Global Currency (GC) accounts o 22 Foreign Exchange (FX) accounts o 22 FX/ISG Settlement accounts > Manage facilitation accounts and third-party vendor reconciliations. > Handle break management and remediation processes. ________________________________________ Stakeholder Engagement: > Collaborate with internal teams such as: o Branch Personnel o Currency Business Unit o Currency Trading Desk o Legal/ Compliance/ Risk, MSPBNA Banking Ops o ISG FX Trade Support, International Settlements o Corporate Actions, Finance, Treasury > Liaise with external agent banks and vendors. Qualifications: > Strong understanding of foreign exchange markets, settlement, and non-USD securities. > Experience in trade lifecycle management and operational controls. > Excellent communication and stakeholder management skills. > Familiarity with margin requirements, wire processing, and reconciliation tools. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. Salary range for the position: $63,000.00 and $83,000.00 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings. Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Requirements

Strong understanding of foreign exchange markets, settlement, and non-USD securities.
Experience in trade lifecycle management and operational controls.
Excellent communication and stakeholder management skills.
Familiarity with margin requirements, wire processing, and reconciliation tools.

Responsibilities

Assist with order entry and post-trade execution for foreign exchange and global currency products.
Respond to client currency inquiries and coordinate FX margin reviews and wire management.
Facilitate the movement of non-USD currency across various transaction types.
Oversee outgoing currency wire management and intercompany settlements.
Process client currency transfer requests and journal entries.
Maintain and reconcile bank accounts including: o 18 Global Currency (GC) accounts o 22 Foreign Exchange (FX) accounts o 22 FX/ISG Settlement accounts
Manage facilitation accounts and third-party vendor reconciliations.
Handle break management and remediation processes.
Collaborate with internal teams such as: o Branch Personnel o Currency Business Unit o Currency Trading Desk o Legal/ Compliance/ Risk, MSPBNA Banking Ops o ISG FX Trade Support, International Settlements o Corporate Actions, Finance, Treasury
Liaise with external agent banks and vendors.

Benefits

Medical
Prescription Drug
Dental
Vision
Health Savings Account
Dependent Day Care Savings Account
Life Insurance
Disability and Other Insurance Plans
Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually)
10 Paid Holidays
401(k)
Short/Long Term Disability