We’re seeking someone to join our team as an Associate in Shared Services & Banking Operations.

SSBO Treasury and Financing Services in Utah consists of below 4 teams:

Trade Support and Funding: Liquidity Management monitors the Firm's cash flows and balances providing Treasury with intraday forecasting as well as longer term forecasts. Cash Management has primary responsibility for funding of all Treasury managed firm cash accounts. The Trade Support Team within the Cash Management department acts as a control team on behalf of the Corporate Treasury and Liquidity Management ensuring timely processing of funding transfers by actioning any exceptions or confirmation that these deals might trigger. The team are responsible for multiple High Impact Functions (HIFs) function such as Client Money processing, ensuring & ensures the processing is completed with utmost accuracy.

Cash Transaction Services: CTS acts as the last line of defense for the firm, by reviewing payments with red flags, performing necessary due diligence, and only releasing once the red flags are addressed to mitigate operational, regulatory and liquidity risks. The team's scope of work aims at independent Investigation and releasing payments initiated by Business Units and Liquidity management teams.
Wireroom: Wireroom Provide MS self-clearing services for USD cash wires and bank account services through Morgan Stanley Bank NA (MSBNA). The team ensures incoming/outgoing payments through MS FED and affiliated accounts reach the desired destination.

Transaction Screening: Transaction screening is conducted on incoming and outgoing funds to ensure there are no OFAC/sanctions concerns. Outgoing payments are screened at initiation prior to release and Incoming payments are screened at the time of receipt prior to application into a client's account. If there is a potential match, an alert will be generated and reviewed by the Transaction Screening team using the in the Firm's exception management platform. The team liaises closely with the Internal and external stakeholders and the primary escalation point of contact is the Firm's Compliance Team

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Associate level position level position within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you’ll do in the role:

Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the teamRecognize risk in day-to-day processes to draw out the key issues and contribute to process improvementsBuild relationships within team and internal stakeholders, sharing knowledge to contribute to team outputParticipate in projects and initiatives, aiding in solution formulation with a focus on timely execution

What you’ll bring to the role:

Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervisionSubject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requestsCulture carrier across Operations, embracing the Firm's core valuesProduct knowledge: Basic banking knowledge desired with a focus on cash clearing and securities custodyLanguage: English requiredPC skill: Excellent PC skills in data analysis, producing presentations and project management.

Other competencies required:

Independent self-starter and excellent team-playerStrong communication, problem-solving and interpersonal skills are requiredAttention to detailAbility to multi-task, prioritize and manage daily workflowAbility to adapt and respond to client requests in a fast paced environment, high sense of urgencyWillingness to work on public holidaysAbility to manage mid-longer term projects and prioritize appropriately with daily tasksAt least 2 years’ relevant experience would generally be expected to find the skills required for this role

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. Our 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.

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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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

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).