E*TRADE from Morgan Stanley · 18 hours ago
Operations Associate - Parametric
Minneapolis, Minnesota, United States of America
Full-time
Hybrid
Mid Level
$78K/yr - $140K/yr
4+ years expMorgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. The Operations Associate will be responsible for processing and understanding the end-to-end trade settlement life cycle for derivative transactions, collaborating with various stakeholders to ensure timely trade settlement and operational efficiency.
BankingFinanceFinancial Services
Responsibilities
Confirm trades and other transactions against various resources such as brokers and custodians
Instruct, monitor and verify the settlement of trades and the transfers of positions and cash
Research and resolve trade and account discrepancies in a timely manner to minimize fails and claims
Assist in the automation of operational processes; propose solutions, liaise with developers and test enhancements
Actively participate in projects to drive automation an enhancement efforts
Maintain and drive efficiencies with numerous custodial and clearing broker relationships
Work with Reconciliation department to diagnose breaks and resolve accordingly
Analyze daily collateral needs. Monitor counterparty exposure and transfer collateral to minimize credit risk
Escalation of urgent issues, aged reconciliation discrepancies and breakdowns in operations controls
Consistently prioritize daily and longer-term tasks in high paced work environment with diligence
Process ad-hoc request from trading, accounting and clients
Cross-train on all team responsibilities
Create, update and maintain procedures
Maintains an excellent knowledge of industry practices and controls
Effectively escalate issues to senior management and other impacted teams
Qualification
Required
Associates (2yr) or Bachelor's (4yr) degree in Finance, Accounting or Economics preferred
4+ years experience in confirmation, settlement and asset servicing of futures, options, OTC derivatives, stocks, bonds and/or Asset Backed Securities in financial operations
Strong attention to detail and ability to work independently under tight deadlines
Trade settlement, collateral management and middle office experience is preferred
Competent in Microsoft Office programs, familiarity with the following is a plus: SWIFT, Bloomberg, DTCC CTM, DTCC Alert, DTCC TradeSuite, TradeNexus, FIA Tech, IceLink, MarkitWire, Markit Trade Manager, CloudMargin and triOptima's suite of products
Must have strong professionalism, verbal and written communication skills
Displays excellent organization, time management and planning skills
Displays high attention to detail, accuracy, thoroughness, and thoughtfulness. Commitment to meeting identified quality and efficiency standards
Commitment to satisfying internal and external customers and continuous improvement
Ability to work with a level of ambiguity
Ability to plan and prioritize multiple responsibilities
Benefits
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)
Short/Long Term Disability
Company
E*TRADE from Morgan Stanley
E*TRADE from Morgan Stanley is a pioneer in the online brokerage industry.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2020-02-20Acquired
1996-08-16IPO
Leadership Team
Julia Miller
Executive Director, Creative Services
Recent News
2025-11-07
2025-10-14
Company data provided by crunchbase