Vice President, Securities Based Lending Operations
- Full-Time
- South Jordan, UT
- Morgan Stanley
- Posted 2 years ago – Accepting applications
Job Description
Vice President, Securities Based Lending Operations
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances work with personal lifestyles, perspectives and needs is an important part of our culture. We believe that work should be exciting, engaging and rewarding.
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Morgan Stanley has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client's investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.
Background on the Position
The Operations Division is currently seeking high performing experienced individuals with strong leadership, communication skills, attention to detail and desire to succeed in a fast paced and challenging work environment.
The Operations Division partners with Sales & Trading, Finance, Legal, and Technology to execute the Firm's Institutional, Retail, and Asset Management businesses by developing strong client relationships, collaborating closely with its business partners supporting and settling transactions, devising and implementing effective controls, to enable development of new structures, businesses, and markets.
Private Banking Operations supports the Private Banking Group, providing operational support to the Bank and Broker/Dealer Lending Products, Deposit Products, Banking Services, Collateral Monitoring, Margin Operations and Vendor Management.
Primary Responsibilities:
Establish and maintain strong relationships with business partners and stakeholders in order to deliver world class service to internal teams across multiple securities-based lending products.
Project integration work focused on our lending products. Objectives include analysis of potential lending changes, forecasting impact of implementation, assisting with test scripts and testing, and working closely with business and IT to deliver releases
Management and talent development of entry level staff with an emphasis on hybrid skill development of both security-based lending support and automation
Internal interaction to include support associated with the firm?s Liquidity Access Line & Express Credit Line lending products. Internal client interactions with Financial Advisors, Branches, and other internal employees. By gaining experience in these areas, we also deliver strong results for our shareholders, build long-term value for our clients and offer highly attractive career opportunities for our employees.
Assist management in achieving overall business objectives. Work with sen
Strong problem solving and analytical skills
Strong leadership skills and experience in managing multiple teams while developing individuals for future growth opportunities
Work well under pressure
Effective presentation delivery
Perform efficiently in a fast-paced environment adapting to changing business needs
Strong initiative, drive, follow-through, accountability, and commitment to the success of the business
Ability to proactively contribute towards continued improvements in control, operational efficiency, and industry initiatives
Agile project management experience or willing to learn
MS Suite literate (Excel, Word, Access, PowerPoint)
Demonstrated track record of achievement with the ability to take initiative in a challenging and changing environment
Excellent verbal and written communication skills with the ability to clearly communicate information to a range of audiences
Self-motivated with a strong sense of ownership and accountability for tasks
Adaptable team player
Detail oriented and ability to adhere to strict timelines
Strong organizational and time management skills
Apply to this Job
Job Number:
3217874
POSTING DATE: Aug 1, 2022 PRIMARY LOCATION: Americas-United States of America-Utah-South Jordan EDUCATION LEVEL: Bachelor's Degree JOB: Other EMPLOYMENT TYPE: Full Time JOB LEVEL: Vice PresidentDESCRIPTION
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances work with personal lifestyles, perspectives and needs is an important part of our culture. We believe that work should be exciting, engaging and rewarding.
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Morgan Stanley has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client's investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.
Background on the Position
The Operations Division is currently seeking high performing experienced individuals with strong leadership, communication skills, attention to detail and desire to succeed in a fast paced and challenging work environment.
The Operations Division partners with Sales & Trading, Finance, Legal, and Technology to execute the Firm's Institutional, Retail, and Asset Management businesses by developing strong client relationships, collaborating closely with its business partners supporting and settling transactions, devising and implementing effective controls, to enable development of new structures, businesses, and markets.
Private Banking Operations supports the Private Banking Group, providing operational support to the Bank and Broker/Dealer Lending Products, Deposit Products, Banking Services, Collateral Monitoring, Margin Operations and Vendor Management.
Primary Responsibilities:
Establish and maintain strong relationships with business partners and stakeholders in order to deliver world class service to internal teams across multiple securities-based lending products.
Project integration work focused on our lending products. Objectives include analysis of potential lending changes, forecasting impact of implementation, assisting with test scripts and testing, and working closely with business and IT to deliver releases
Management and talent development of entry level staff with an emphasis on hybrid skill development of both security-based lending support and automation
Internal interaction to include support associated with the firm?s Liquidity Access Line & Express Credit Line lending products. Internal client interactions with Financial Advisors, Branches, and other internal employees. By gaining experience in these areas, we also deliver strong results for our shareholders, build long-term value for our clients and offer highly attractive career opportunities for our employees.
Assist management in achieving overall business objectives. Work with sen
QUALIFICATIONS
Series 99 is requiredStrong problem solving and analytical skills
Strong leadership skills and experience in managing multiple teams while developing individuals for future growth opportunities
Work well under pressure
Effective presentation delivery
Perform efficiently in a fast-paced environment adapting to changing business needs
Strong initiative, drive, follow-through, accountability, and commitment to the success of the business
Ability to proactively contribute towards continued improvements in control, operational efficiency, and industry initiatives
Agile project management experience or willing to learn
MS Suite literate (Excel, Word, Access, PowerPoint)
Demonstrated track record of achievement with the ability to take initiative in a challenging and changing environment
Excellent verbal and written communication skills with the ability to clearly communicate information to a range of audiences
Self-motivated with a strong sense of ownership and accountability for tasks
Adaptable team player
Detail oriented and ability to adhere to strict timelines
Strong organizational and time management skills