Operations Analyst - Parametric
POSTING DATE: Oct 3, 2024
PRIMARY LOCATION: Americas-United States of America-Washington-Seattle
JOB: Asset/Investment Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Analyst
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.
About Parametric
Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what is important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients’ core holdings.
This role is part of Parametric's hybrid working model, which includes working in the office 2-3 days a week and choosing to work remotely or in the office the remaining days of the week. Office locations include Alpharetta, Boston, Minneapolis and Seattle.
ABOUT THE TEAM
The operations department consists of a team of professionals that focuses on the overall operations of Parametric. This group ensures the production process is complete from start to finish and lines up with the goals and functions of other departments within the firm. Examples include supervising, organizing and completing daily production, measuring and evaluating daily workload, and providing services to ensure the business runs as smoothly and effectively as possible.
ABOUT THE OPPORTUNITY
As part of a Global team, Operations Analysts are responsible for ensuring the timely and accurate completion of responsibilities set out below. Our Operations team works across several different functional areas including, Onboarding, Oversight, Billing and Activities and we are looking for talented individuals who bring experience in one of more of these functional areas. This role may continue to take on additional responsibilities over time, as opportunities and benefits are identified.
PRIMARY RESPONSIBILITIES
- Work with internal and external stakeholders and other key points of contact in a professional manner
- Research and resolve issues quickly and with a sense of urgency and accuracy.
- Communicate with internal and external contacts regularly to resolve issues, confirm information, provide status updates or information, among others
- Collect observations and turn into actionable insights and recommendations for improvement.
- Complete daily assigned operations transactions, which may include cash or position reconciliation, trade posting, processing market events, new account setup, account activity recording, review monthly NAV packets and billing calculations Do so in an accurate, timely, and comprehensive manner
- Perform verification checks on similar work done by others on the team, to ensure accuracy of information
- Ensure thorough and accurate record keeping/maintenance of client records and files.
- Maintain metrics and data
- Ad-hoc and project work as needs arise
JOB REQUIREMENTS
- Required Experience: 1-3 years
- Bachelor's Degree (4-year degree), preferably in related discipline such as economics, finance, or marketing; work experience in lieu of degree will be considered.
- Familiarity with MS Office and the ability to learn additional internal/ external software programs
- Relationship-building skills and ability to thrive in team environment
- Ability to work independently and self-manage high volumes of data with tight deadlines
- Strong attention to detail & highly process oriented
- Strong problem solving and analytical skills
- Ability to work independently under tight deadlines
- Excellent written and verbal communication skills
Good to Have Skills
- Prior proven experience working in financial services
Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.
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).
Salary range for the position is $60,000 - $90,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including 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), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.
