Ultra High Net Worth Executive Financial Services Rule 10b5-1 Strategy Associate

Morgan Stanley•Purchase, NY

5d•Onsite

About The Position

Morgan Stanley is a leading global financial services firm. The Executive Financial Services (“EFS”) department supports transactions involving restricted or control stock, often involving Rule 144 Affiliates and Corporate Insiders. These transactions include Rule 10b5-1 Trading Plans, sales under Rule 144 or pursuant to prospectus registration, margining, hedging, gifting or legend removals for restricted stock. EFS conducts due diligence with Issuer counsel prior to the transaction, negotiates and implements 10b5-1 contracts (including trade execution pursuant to the plan) and facilitates SEC filings, clearing and settlement of restricted trades. EFS also provides education and guidance to Financial Advisors (“FAs”), branch management and issuer counsel/corporate clients on SEC rules and operational considerations. Our 10b5-1 team is #1 in our industry and seeks to provide affirmative defense solutions for trading plans for top executives and affiliates.

Requirements

Proven experience with providing a concierge type service to Issuers, clients, advisors or partners.
Strong data analysis and Microsoft Office skills.
Prior experience in Capital Markets, Investment Banking/Origination, Wealth Management.
FINRA Licenses: Series 7 & 63 required.
Strong presentation, negotiation, oral and written communication.
High proficiency with Microsoft Excel and PowerPoint.
Self-Motivator, ability to learn independently and work free from immediate supervision.
Positive and professional customer service attitude.

Nice To Haves

Will sponsor for Series 57 Exam.

Responsibilities

Responsible for the white glove adoption and trade management of 10b5-1 trading plans and enhance strategy and analysis for the UHNW Desk and broader EFS Department.
Develop and maintain a high level of knowledge in various SEC Rules: 10b5-1, Rule 144, 10b-18, Section 16, etc. and corporate equity plans: option exercises, restricted stock vests, SARS and related administration.
Maintain EFS records on Rule 10b5-1 trading plans and file Rule 144 Forms with the SEC as required.
Provide educational support and trade schedule advice to FA’s and clients (sellers) on the best way to execute/effect a trade schedule for an individual client (seller).
Review legal documents with an eye to manage risk and have the ability to identify and present issues (as appropriate) to Legal and EFS management.
Work closely with Stock Plan Directors, Financial Advisors, Technology, Legal Department & Compliance and Strategic Client Management.
Help analyze how to expand the UHNW 10b5-1 Desk to additional advisors and expand beyond a 10b5-1 service, requiring coordination with Global Capital Markets, Private Wealth Management and Family Office Resources.
Lead on strategic initiatives, develop PowerPoint presentations and deliver analysis and vision to senior leaders.