Operations Analyst (Equity Retail Recon) - Seattle
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 3 days a week and choosing to work remotely or in the office the remaining days of the week.
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 Role
The Operations Analyst is responsible for reconciling portfolios, resolving trade, currency, and corporate action discrepancies with our custodians. This role will also be responsible for client and third party reporting and other duties as assigned and ensuring processes and procedures are accurately documented.
Primary Responsibilities
- Reconciling client portfolios against custody statements/downloads/websites
- Resolving variances in a timely manner
- Ability to understand risk and to escalate as appropriate
- Documentation of written processes and procedures
- Must be comfortable with working with large datasets in MS Excel. Must be able to manage and organize datasets of 100,000+ rows of data. Must be an expert at basic Excel functionality (copying, pasting, setting up different views, sorting, and similar functionality)
- Analyzing corporate action events and when necessary entering transactions into the accounting system
- Record Keeping/Maintenance of client records and files
- Internal and External Reporting
- Communicating with a variety of internal and external parties to effectively resolve issues
- Resolves issues quickly with a sense of urgency
- Must be able to prioritize work and ongoing initiatives during times of peak activity
Job Requirements
- Bachelor’s (4yr) degree w/ concentration in Finance or Accounting or related area of study
- Competent in Microsoft Office programs (Outlook, Word, Excel)
- Exceptional interpersonal skills
- Ability to ensure that work output is accurate and complete, using defined methods to check accuracy
- Ability to work independently without direct supervision
- Well organized, self-starter with the ability to analyze information
- Ability to plan, prioritize, and meet deadlines
- Experience with VBA and Excel macros or other technology a plus
- Advent APX & SQL experience a plus
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.