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.
About The Division
Wealth Management 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.
About the Role
The role is for an associate to support the Director of the Fee Based Team in managing the high net worth clients' reporting. This includes reconciliation of client transactions, reviewing client performance information, reconstructing client cost history and delivering accurate tax reporting by liasing with the regional Operations team, vendor management and managing client enquiries with regard to their investment.
In addition it is also expected that the incumbent be cross trained and take responsibilities in other functions within the team in managing fee based product and play an active role in improving the division's risk controls.
â€¢ Reconcile client investment data across systems; â€¢ Reconstruction of clients cost history â€¢ Tax reporting reconciliation â€¢ Key liaison with regional operational team in managing client investment data flow; â€¢ Manage reporting vendor against KPI; â€¢ Work closely with products owners and advisors to resolve client enquiries on client reports, which covers investment return and products related enquiries; â€¢ Implement checks and controls to improve client reporting accuracy; â€¢ Oversee annual reporting process and ensure tax bucket are correct allocated. â€¢ Take full accountability for high network client quarterly and annual reporting. â€¢ Driven business process and operational risk control improvement. â€¢ Support annual audit process.
About The Candidate
The candidate must have 3 to 5 years of portfolio management and client reporting experience in Wealth Management. The individual must have the ability to develop strong relationships with various teams across the firm and excellent communications skills to achieve desired results. Good understanding of investment return calculation and concept is an advantage.
â€¢ Knowledgeable in reconciliation of client's transactions business â€¢ Sound knowledge & understanding of CGT implications & CGT rules â€¢ Ability to prioritise, handle work flows and have a fine attention to detail
Equal Opportunity Statement
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, gender, gender identity or expression, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy/maternity leave), veteran status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce. #LI-JM1