Trade & Client Operations Director

What you’ll do in this role

The Balance & team of Wealth Management Operations is responsible for the integrity of the Firm’s books and records through the reconciliation of the security ledger (Stock Record) and the cash sub‑ledgers that roll into the General Ledger. The team is in need of additional, specific subject‑matter expertise to assist in the interpretation and application of FINRA rules as team reconciliations and position and balance monitoring affect Financial Reporting Group calculations for capital charges.

• Serve as a subject‑matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes.
• Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues.
• Fully review and analyze the daily submission to the Financial Control Group for balances that contribute to the Customer Reserve (SEC Rule 15c3‑3) calculation.
• Streamline the performance and reporting of current reconciliations with emphasis on the impact of aged breaks, escalating exceptions with market value exposure and gained efficiencies within each reconciliation process.
• Leverage knowledge of SEC Rule 15c3‑1 and 15c3‑3 and apply to the review and reporting of suspense, control, clearance and location account position and balances.
• Review daily reconciliation exceptions and account balances as well as limit month‑end balances included in the Operations FOCUS report.
• Provide complete and clear commentary for all related balances included in the FOCUS report.
• Communicate and elevate, in writing and in person, processing issues and exceptions to various team managers and senior management.

• Balancing cash, currency and security activity at domestic and international clearing utilities and agent banks.
• Balancing Trade blotter activity.
• Preparing reconciliations and explanations of month‑end Operations FOCUS reportable balances for related 15c3‑3 and 15c3‑1 capital charges.

• 5+ years of experience.
• Familiarity with current challenges in Financial Services institutions.
• Keen attention to detail with a methodical approach to root‑cause analysis and problem solving.
• Effective organization and communication skills.
• Demonstrated ability to adapt quickly and engage stakeholders at all experience levels.
• Ability to multitask, prioritize, and act in a fast‑paced environment.
• Strong interest in process improvement, automation, and system enhancements.
• Desire to lead and learn continuously.

Salary range for the position: $93,000.00 and $ per year. The successful candidate may be eligible for an annual discretionary incentive compensation award and may 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 X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our 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, gender stereotype, 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).