Morgan Stanley

Market Management Lead

Morgan Stanley • $70K — $115K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Undergraduate degree in business, finance, accounting or related field
  • 5-7 years of experience in financial services, ideally in trading management or product management
  • Active Series 7 license
  • Series 63 and 57 licenses required within 6 months of hire
  • Strong analytical and executive-level communication skills
  • Proven ability to work both independently and collaboratively
  • Effective interpersonal skills for cross-departmental engagement

Responsibilities

  • Oversee policies and processes to ensure stability and risk controls for trading businesses
  • Lead efforts to enhance stock lending and short sale opportunities
  • Drive expansion of Fractional Shares trading and manage related operations
  • Coordinate strategic initiatives across the CM business, including competitive analysis and product compliance
  • Supervise market operations and ensure efficient trade flow and execution
  • Monitor daily PnL and manage large trades for best execution
  • Collaborate with cross-functional teams for enhanced client services

Benefits

  • Participation in Morgan Stanley's discretionary bonuses and incentive compensation
  • Access to various benefit programs offered by Morgan Stanley
  • Potential for commission earnings based on performance
  • Opportunities for professional development and growth within the organization
Full Job Description
Position Summary
This position will report to the ED of Markets Management Team within WM Capital Markets and will lead efforts for our Equities (including Fractional Shares Trading) and Lending (fully-paid and securities) businesses. The VP of Markets Management will be primarily responsible for optimizing the client, Financial Advisor, and trader experience with our trading and lending platforms by leading tactical and strategic initiatives and ensuring the stability and ongoing risk mitigation of daily trading operations. The role will require strong critical thinking and project management skills, comfort with executive level presentations, and familiarity with the daily operations of Equity, Options and Lending trading desks.

Key Responsibilities:
  • Trading Management - Assist in the oversight of the needed policies, processes, reporting, and infrastructure prioritization to ensure the ongoing stability and risk controls for the Equity, Options, and Lending businesses. Focus areas include: partnering with internal and external trading partners to ensure efficient front-to-back trade flow and execution, prioritization and execution of multi-year infrastructure investments, daily supervision of market operations (market access limit monitoring, counterparty management, outage triage, large trade facilitation, funding, best execution)
  • Fully-Paid and Securities Lending - Assist in leading our cross-divisional efforts to secure client access to stock lending and short sale opportunities, in partnership with E*trade and our Institutional Securities group. Assist in the identification of daily firm funding requirements, best execution monitoring, daily metrics reporting, pnl signoff, and risk supervision while partnering with E*Trade business teams, platforms, Legal, Compliance, Risk, IT and Operations.
  • Fractional Shares - Assist in driving efforts to scale the newly-created Fractional Shares trading business, including connectivity to corporate stock plan, self-directed, and full-service accounts. Supervise the daily PnL, best execution, trading operations, and Volker reporting responsibilities of the principal trading desk.
  • Strategic Initiatives - Assist in helping develop and deliver strategic efforts across the CM business. Sample work effort include: competitive landscaping, management reporting development, pricing strategy, product expansion, regulatory compliance, FA and client marketing and education, segmentation strategy. This will require coordination with product managers, senior department management, key support partners (Legal, Compliance, Risk, Finance, National Sales), other divisions of MS outside wealth management (MSIM/ISG), and potentially third party vendors.


QUALIFICATIONS
  • Undergraduate degree in business, finance, accounting or other related fields
  • 5-7 years of previous experience in financial services, preferably in a trading management, trading operations, consulting, strategy, or product management role
  • Active Series 7 required
  • Active Series 63 and 57 (must obtain within 6 months of start)
  • Ability to analyze, summarize, and communicate effectively at an executive level
  • Ability to work independently and collaboratively, demonstrating sound reasoning and judgment
  • Strong interpersonal skills - ability to work with various professionals and levels of management across departments
  • Excellent organizational skills, ability to manage multiple tasks, and meet assigned deadlines


Expected base pay rates for the role will be between $70,000 and $115,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Finance & Insurance
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ
MS
* Ladders Estimates

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