Private Banking Operations-Tailored Lending Operations Specialist - Wealth Management Operations
New York , New York
March 17, 2017
Some LoanIQ and Series 99 or able to obtain is highly desired for this role.

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.

Private Banking Operations-Tailored Lending Ops Specialist-Director
The Supervisor within High Net worth Lending Operations - Tailored Lending is responsible for day to day supervisory oversight of production staff as well as providing operational support for Tailored Lending Loan Account requests. The Supervisor is part of a team of analysts, associates and specialists with responsibilities that include but are not limited to:

Review Supervisory risk reports
Participate in various testing initiatives and projects
Updating and maintaining department metrics
Periodic updates of policies and procedures
Escalation of issues to management
Loan Booking and Maintenance review and approvals
Disbursement/Payment review and approval
Manage day to day staffing needs
Review / Approve hours
Assist in tracking staff vacation schedules
Assist in handling Business Unit or Branch escalations
Assisting in interviewing potential candidates (both Temp and FTE)
Assisting in training of newly on boarded employees

Skills Required:

Strong leadership skills and experience in managing staff
Ability to work well under pressure and to meet deadlines
Excellent communication, organization and interpersonal skills
Ability to drive change and improve efficiencies on the team
Self-motivated and willing to assume responsibility
Strong knowledge of Microsoft Office
Strong analytical skills

Skills Desired:
Good knowledge of lending products, experience with LoanIQ
Clear understanding of banking rules and regulations

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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