WM Escheatment Operations- Associate

Morgan Stanley•South Jordan, UT

About The Position

The Associate in WM Escheatment Operations collaborates with branches and key stakeholders across multiple businesses to ensure timely reporting and delivery of eligible accounts and assets to states in accordance with state escheatment guidelines. The team manages three escheatment campaigns across Spring, Summer, and Fall. The role sits within Operations and Client Service & Relationship Management, supporting financial transactions, effective controls, client service, client experience, and internal and external relationships.

Requirements

Ability to establish clear goals and priorities and address non-standard issues within the area of expertise with minimal guidance and supervision.
Subject matter expertise in the supported business area and client requirements, while ensuring controls are not compromised to comply with client requests.
Comprehensive knowledge and understanding of the functional area and the team's operational and compliance policies and procedures.
Collaboration and teamwork skills, including strong interpersonal skills.
Organizational skills, strong attention to detail, and ability to manage multiple deadlines.
Critical-thinking, organizational, and problem-solving skills.
Ability to analyze large datasets.

Nice To Haves

Knowledge of unclaimed property regulations and SEC 17ad-17.

Responsibilities

Collaborate with branches and stakeholders across multiple businesses.
Ensure eligible accounts and assets are reported and delivered to states on time in accordance with state escheatment guidelines.
Support the team's Spring, Summer, and Fall escheatment campaigns.
Identify and escalate potential process anomalies to management in a timely manner.
Analyze large datasets.