Operations Supervisor - Parametric

Morgan Stanley • Seattle, WA

7d • Hybrid

About The Position

The Operations Supervisor, Post Trade Equities is responsible for managing, coordinating, and directing the daily operations processes related to equity settlements. This includes managing a team of analysts and associates (approx. 3-6) primarily located in our Seattle office and working closely with other teams located in Boston, Alpharetta, Minneapolis, Singapore and Mumbai. The team is responsible for processing and understanding the end-to-end trade settlement life cycle for equity trades and opportunities to learn fixed income and derivatives life-cycles. This role will review and communicate details to multiple parties, working closely with traders, portfolio managers, portfolio administration, custodians and brokers on trade issues. They will analyze and understand settlement risks in the equity markets. This position requires a hands-on supervisor with the ability to manage multiple deadlines, provide excellent customer service, and motivate staff. The person in this role must feel comfortable with completing or demonstrating best practices in work at all times as well as be able to work with a level of ambiguity and little guidance at times. This role is pivotal in nurturing and developing the leadership capabilities within our organization. The ideal candidate would have experience in a fast-paced environment working with the settlement of a high volume of trades to ensure the timely settlement of Parametric's trade activity, reporting and other duties as assigned. The candidate will have a strong passion for teaching and mentoring, a deep understanding of leadership principles, and the ability to inspire and guide others to become effective leaders. We are looking for a self-starter with proven leadership skills as well as keen attention to detail and the ability to work independently under tight deadlines. This person will have a deeper understanding of the whys behind processes as well as be able to recommend improvements to aid daily workload.

Requirements

• Demonstrates strong leadership and supervisory skills and an extensive knowledge of trade life cycle
• Bachelor’s (4yr) degree w/ concentration in finance or management
• 5+ years of experience in the financial services industry
• Trade settlement and middle office experience is preferred
• Competent in Microsoft Office programs, familiarity with the following is a plus: Advent APX, SWIFT, Bloomberg, DTCC CTM, DTCC Alert and DTCC TradeSuite experience a plus
• Well organized self-starter with the ability to analyze information and support the staff
• Must have strong professionalism and communication skills
• Displays excellent organization, time management and planning skills
• Ability to manage multiple staff associates effectively and to meet tight deadlines
• Strong written and verbal communication skills; ability to deliver clear, effective communication and takes responsibility for understanding others
• Displays high attention to detail, accuracy, thoroughness and thoughtfulness.
• Commitment to meeting identified quality and efficiency standards
• Comfortable with risk
• Commitment to satisfying internal and external customers
• Ability to work with a level of ambiguity
• Ability to plan and prioritize

Nice To Haves

• Advent APX
• SWIFT
• Bloomberg
• DTCC CTM
• DTCC Alert
• DTCC TradeSuite experience a plus

Responsibilities

• Responsible for managing the day-to-day functions of all trade settlement processing
• Maintains an excellent knowledge of industry practices and controls
• Ensures that the department is adequately staffed on a day-to-day basis, and that all employees are trained, and cross-trained as needed
• Coaching, training and mentoring staff
• Reviewing and recommending new methods and procedures to make daily operations in the department more efficient, effective and controlled
• Performing a wide array of developmental functions, including interviewing, performance appraisals, development planning, and corrective action/termination
• Driving execution of large and small scale department projects and initiatives including technology components
• Point of escalation for direct reports, colleagues, internal & external clients
• Effectively escalate issues to senior management and other impacted teams
• Identifying challenge areas and executes plans for improvement
• Continuously monitoring processes to ensure the department is current with changes in the industry
• Audit reviews/approvals
• Support and mentor new team members
• Understanding of key department processes around corporate actions, restriction management, and security maintenance

Benefits

• 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 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level