Alternative Investments Associate - Wealth Management Operations
Less than 5 years experience • Financial Services
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.
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.
The role is withinWealth Management Operations supporting the AlternativeInvestments business. The AlternativeInvestments Operations team isresponsible for processing transactions, facilitating cash payments between asset managers andinvestors, and updating and managing clients' alternativeinvestment positions on theMSWM platform. Transactions include subscriptions, capital calls,distributions, dividends, redemptions, and transfers. This role entails heavy interaction with our business partners in AlternativeInvestments,otherinternal operations teams, and external contacts at theasset management firms whose products are available on theMSWM platform.
- At least 3 years of industry experience
- Bachelors Degree
- Attention to detail
- Excellent written and verbal communication skills
- Strong reasoning and problem-solving skills
- Efficient time management skills and ability to prioritize competing urgent tasks
- Proficiency in Microsoft Office