Morgan Stanley

ABOUT MORGAN STANLEY

Morgan 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 www.morganstanley.com.

ABOUT PARAMETRIC

Parametric 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 is 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 TEAM

The operations department consists of a team of professionals that?focuses on the overall operations of Parametric. This group ensures the production process is complete from start to finish and lines up with the goals and functions of other departments within the firm. Examples include supervising, organizing and completing daily production, measuring and evaluating daily workload, and providing services to ensure the business runs as smoothly and effectively as possible.

ABOUT THE ROLE

The Operations Supervisor, Post Trade Equities is responsible for managing, coordinating, and directing the daily operations processes related to equity settlements. This includes managing a team of analysts and associates (approx. 3-6) primarily located in our Seattle office and working closely with other teams located in Boston, Alpharetta, Minneapolis, Singapore and Mumbai. The team is responsible for processing and understanding the end-to-end trade settlement life cycle for equity trades and opportunities to learn fixed income and derivatives life-cycles. This role will review and communicate details to multiple parties, working closely with traders, portfolio managers, portfolio administration, custodians and brokers on trade issues. They will analyze and understand settlement risks in the equity markets. This position requires a hands-on supervisor with the ability to manage multiple deadlines, provide excellent customer service, and motivate staff. The person in this role must feel comfortable with completing or demonstrating best practices in work at all times as well as be able to work with a level of ambiguity and little guidance at times. This role is pivotal in nurturing and developing the leadership capabilities within our organization.

The ideal candidate would have experience in a fast-paced environment working with the settlement of a high volume of trades to ensure the timely settlement of Parametric's trade activity, reporting and other duties as assigned. The candidate will have a strong passion for teaching and mentoring, a deep understanding of leadership principles, and the ability to inspire and guide others to become effective leaders. We are looking for a self-starter with proven leadership skills as well as keen attention to detail and the ability to work independently under tight deadlines. This person will have a deeper understanding of the whys behind processes as well as be able to recommend improvements to aid daily workload.

PRIMARY RESPONSIBILITIES

• Responsible for managing the day-to-day functions of all trade settlement processing
• Maintains an excellent knowledge of industry practices and controls
• Ensures that the department is adequately staffed on a day-to-day basis, and that all employees are trained, and cross-trained as needed
• Coaching, training and mentoring staff
• Reviewing and recommending new methods and procedures to make daily operations in the department more efficient, effective and controlled
• Performing a wide array of developmental functions, including interviewing, performance appraisals, development planning, and corrective action/termination
• Driving execution of large and small scale department projects and initiatives including technology components
• Point of escalation for direct reports, colleagues, internal & external clients
• Effectively escalate issues to senior management and other impacted teams
• Identifying challenge areas and executes plans for improvement
• Continuously monitoring processes to ensure the department is current with changes in the industry
• Audit reviews/approvals
• Support and mentor new team members
• Understanding of key department processes around corporate actions, restriction management, and security maintenance

JOB REQUIREMENTS

• Demonstrates strong leadership and supervisory skills and an extensive knowledge of trade life cycle
• Bachelor's (4yr) degree w/ concentration in finance or management
• 5+ years of experience in the financial services industry
• Trade settlement and middle office experience is preferred
• Competent in Microsoft Office programs, familiarity with the following is a plus: Advent APX, SWIFT, Bloomberg, DTCC CTM, DTCC Alert and DTCC TradeSuite experience a plus
• Well organized self-starter with the ability to analyze information and support the staff
• Must have strong professionalism and communication skills
• Displays excellent organization, time management and planning skills
• Ability to manage multiple staff associates effectively and to meet tight deadlines
• Strong written and verbal communication skills; ability to deliver clear, effective communication and takes responsibility for understanding others
• Displays high attention to detail, accuracy, thoroughness and thoughtfulness. Commitment to meeting identified quality and efficiency standards
• Comfortable with risk
• Commitment to satisfying internal and external customers
• Ability to work with a level of ambiguity
• Ability to plan and prioritize

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:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

We're committed to bringing passion and customer focus to the business.

Salary range for the position: $70,000 - 150,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).