Private Banking Operations Banking Disbursements Analyst - Wealth Management Operations
Salt Lake City , Utah
October 13, 2016
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

Wealth Management Operations
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Morgan Stanley has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client's investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.

Authorize Disbursements from client brokerage accounts. This includes Fed Fund wire, DTC Free Delivery, Check and Journal disbursement transactions.

Confirm that Disbursement requests have sufficient collateral to support disbursement transactions.

Confirm that Disbursements requests are in compliance with firm and regulatory processes.

Ensure disbursement requests are processed in a timely manner.

Provide phone and email support to branch office field to answer questions that need immediate attention regarding department approval processes.

Responsible for the preparation and compilation of daily/weekly/monthly metric dashboards and capacity plans for management.

Participate in Information Technology testing initiatives in an effort to enhance new or current processing systems.

Bachelors degree; business or economics degree preferred

Knowledge of margin/securities based lending

Intermediate Working knowledge of Outlook, Word, and Excel

Proven proficiency in problem resolution and demonstrated initiative

Excellent organizational / time management skills

Professional oral and written communication skills

Superior attention to detail

Strong research / analytical skills

Able to prioritize and multi-task

A little about us:
Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services.

Know someone who would be interested in this job? Share it with your network.