Trade & Client Operations Associate

We’re seeking someone to join our team as a Trading & Client Operations Associate. Capital Markets Core Processing is a team of dedicated professionals servicing Morgan Stanley's Wealth Management Clients through Trade Processing, Clearing, Settlement and Asset Servicing. CMCP encompasses two functionally aligned organizations. The first, Trading & Client Operations, provides Operational functions in direct support of client activity executed across our Capital Markets Business Unit. The second, Clearing Operations, provides Operations functions in direct support for activity cleared by Morgan Stanley Smith Barney on behalf of our clients. The broad organization partners closely with Capital Markets and National Sales to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. CMCP partners closely with Client Service Operations, Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected 'front to back' view of operations to our Financial Advisors and their Clients.

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 solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

This is an Associate Professional position at the P2 level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley Baltimore, we support the Firm’s global Technology, Operations, Risk Management, Legal and Compliance, Internal Audit and Finance divisions. Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Team Profile:
The Balance & Control team within Capital Markets Core Processing is responsible for the integrity of the Firm's books and records through the reconciliation of the securities ledger (Stock Record) and the cash sub-ledgers that roll into the General Ledger.
This requires daily collaboration with all processing teams within CMCP, interaction with Technology, Operations Risk, and Finance to ensure resolution of open exceptions, reporting of aged breaks, and control of intraday processing to ensure that processing risk is managed appropriately.
Core activities managed by the team include:
> Balancing cash, currency and security activity at domestic and international clearing utilities and agent banks
> Balancing Trade blotter activity
> Detecting, aging and resolving stock ledger exceptions related to physical security transfer activity
> Preparing reconciliations and explanations of month end Operations FOCUS reportable balances for capital charges
> Preparing reconciliation that contribute towards the daily 15c3-3 computation
> Contributing towards tactical and strategic initiatives impacting the firms books and records.
> Contributing towards process improvements, enhancements, and other change initiatives related to trade and transaction processing, reconciliation, and control Must haves:
> Strong organizational and communication skills
> Outstanding attention to detail and analytical ability 
> Ability to work effectively with various areas of the firm
> Collaborator / Team player

What sets you apart:
> Firm understanding the Trade Lifecycle including Trade Processing, Clearance, Settlement, Transfers, Asset Servicing, and Reconciliation
> Experience contributing towards or leading projects
> Experience with Automation (Particularly with tools such as Alteryx, PowerBI, UI Path, Tableau)
> Experience with process mapping
> Comfort working with large data sets
> Strong Excel skills including creating pivot tables and utilizing functions, formulas and other tools within Excel to generate insights from data

We are