Operations Associate - Parametric

Morgan Stanley • Seattle, WA

1d • Hybrid

About The Position

ABOUT MORGAN STANLEY Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. ABOUT PARAMETRIC Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings. This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week. ABOUT THE TEAM Oversight Management is the team responsible for verifying all client directed activity, focused on reviewing all activities before trading begins each day, providing management reporting and verifying that the external requests from Financial Advisors and Custodians are being completed fully and correctly before sending to portfolio managers. ABOUT THE ROLE The Operations Associate provides oversight management to the Client Service, Onboarding and Transaction Activity Teams while partnering with Portfolio Managers to enable accounts for trading. Technical and Professional skills are honed in a dynamic work environment, with opportunities to expand responsibilities and gain visibility.

Requirements

• Bachelor's (4yr) degree w/ concentration in Finance, Economics or related area of study.
• 4+ years of work experience in Financial Services, wealth/investment management preferrable
• Strong Proficiency in Microsoft Office programs.
• Professional tact with excellent written and verbal skills.
• Strong problem solving and analytical skills.
• Meticulous attention to detail and highly process oriented.
• Ability to multi-task under tight deadlines.
• Ability to work in tightly knit team environment
• Strong interest in starting a career in the investment management industry

Responsibilities

• Perform verification checks on team's data entries to ensure accurate processing of information prior to daily trading deadlines
• New accounts
• Changes to existing accounts
• Closed accounts
• Cash activities
• Ensure all account documentation is received and properly submitted for archiving
• Prepare daily risk and control reports to ensure all activities are processed timely
• Create and maintain weekly quality metrics to help improve long term performance
• Update account parameters in proprietary system
• Process bulk change requests from a multitude of teams: finance, sales, billing and management
• Contribute to Oversight Management team projects & initiatives
• Ability to take initiative on a variety of projects and utilize problem solving skills to complete them effectively and efficiently.
• Partner with the Ops supervisor in work allocation and/or highlight must – go/escalated accounts

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 20 Vacation Days annually)
• 10 Paid Holidays
• 401(k)
• Short/Long Term Disability

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees