Operations Associate - Parametric

SMA Reconciliation Operations Associate

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. 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 is 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.

The operations department consists of a team of professionals that focuses on the overall operations of Parametric. This group ensures the production process is complete from start to finish and lines up with the goals and functions of other departments within the firm. Examples include supervising, organizing, and completing daily production, measuring and evaluating daily workload, and providing services to ensure the business runs as smoothly and effectively as possible.

The SMA Reconciliation Operations Associate is responsible for ensuring timely and accurate reconciliation of portfolios and resolving trade, currency, and corporate action discrepancies with our custodians. This role will also be responsible for client and third-party reporting and other duties as assigned and ensuring processes and procedures are accurately documented.

The ideal candidate is a self-starter with exceptional attention to detail and the ability to work independently under tight deadlines. The expected shift is approximately 8:30AM-5:00PM EST.

• Reconciling client portfolios against custody statements/downloads/websites
• Resolving variances in a timely manner
• Ability to understand risk and to escalate as appropriate
• Documentation of written processes and procedures
• Must be comfortable working with large datasets in MS Excel. Must be able to manage and organize datasets of 100,000+ rows of data. Must be an expert at basic Excel functionality (copying, pasting, setting up different views, sorting, and similar functionality)
• Analyzing corporate action events and when necessary entering transactions into the accounting system
• Record Keeping/Maintenance of client records and files
• Internal and External Reporting
• Communicating with a variety of internal and external parties to effectively resolve issues
• Resolves issues proactively with a sense of urgency
• Ability to manage in a high volume, fast-paced environment with strict deadlines
• Identifying opportunities for process improvements and proposing/implementing solutions
• Leading innovation projects, setting & meeting deadlines
• Analyzing risk and developing mitigation strategies

Bachelor's (4yr) degree w/ concentration in Finance, Accounting, or related area of study

4+ years of work experience in Financial Services

Competent in Microsoft Office programs (Outlook, Word, Excel)

Exceptional interpersonal skills

Must have strong professionalism and communication skills

Ability to work independently without direct supervision

Well organized, self-starter with the ability to analyze information

Displays high attention to detail, accuracy, and thoroughness

Ability to plan, prioritize, and meet deadlines

Experience with VBA and Excel macros or other technology a plus

Working knowledge of account reconciliation processes is a plus

Advent APX & SQL experience a plus

Alteryx experience/certification a plus

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore,…