Operations Associate - Parametric

ABOUT MORGAN STANLEYMorgan 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. For further information about Morgan Stanley, please visit  PARAMETRICParametric 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 TEAMOversight 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.

PRIMARY 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 accountsJOB 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

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, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the…