Private Banking Operations - Lending Operations Specialist - Wealth Management Operations
Location:
New York, New York
Posted:
November 01, 2016
Position Type:
Full Time
Category:
Operations
Reference:
3079394
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.

Role Description:
The Analyst within High net Worth Lending Operations is responsible for providing Team Lead support within the operational support model. Team Lead will be responsible for the oversight of day to day operations and both tactical and strategic oversight/execution. Primary responsibilities include but are not limited to:

RTB and CTB Initiatives
UAT/Defect Management
Risk Reporting and Reconciliation
Loan Booking Override Support
Statement Check Outs
PLA Maintenance Oversight
Entity Change Reviews
Monthly Business Reporting
Weekly Metrics/DMR
Audit and Regulatory review coordination

Qualifications
Bachelors degree; business or economics degree preferred
Experienced margin background in securities-based lending preferred
Intermediate working knowledge of Outlook, Word, and Excel
Proven proficiency in problem resolution and demonstrated initiative
Excellent organizational / time management skills to succeed in a high-pressure /
fast paced environment
Professional oral and written communication skills
Superior attention to detail
Strong research / analytical, and math skills
Excellent presentation skills and delivery to senior audiences
Ability to drive change and improve efficiencies on the team
Self-motivated and willing to assume responsibility
Ability to lead and influence a team
Effective risk management

Skills Desired
Clear understanding of banking rules and regulations as pertaining to daily functions
Knowledge of internal MS systems
Experience with Loan IQ
A little about us:
Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services.

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