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Morgan Stanley · 1 day ago

Trade & Client Operations Director

Baltimore, MD

Full-time

Onsite

Mid, Senior Level

$93K/yr - $140K/yr

5+ years exp

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Trade & Client Operations Director will oversee and manage product-agnostic operational services, ensuring the integrity of the Firm's books and records through reconciliation processes and collaboration with various teams.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes

Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues

Fully review and analyze the daily submission to the Financial Control Group for balances that contribute to the Customer Reserve (SEC Rule 15c3-3) calculation

Streamline the performance and reporting of current reconciliations with emphasis on the impact of aged breaks, escalating exceptions with market value exposure, and gained efficiencies within each reconciliation process

Leverage knowledge of SEC Rule 15c3-1 and 15c3-3 and apply to the review and reporting of suspense, control, clearance and location account position and balances

Review daily reconciliation exceptions and account balances as well as limit month end balances included in the Operations FOCUS report

Provide complete and clear commentary for all related balances included in the FOCUS report

Communicate and escalate, in writing and in person, processing issues and exceptions to various team managers and senior management

Qualification

FINRA rules expertiseSEC Rule 15c3-1SEC Rule 15c3-3Financial reconciliationProcess improvementStakeholder engagementMultitaskingProblem solvingEffective communicationAttention to detail