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Brokerage Operations Analyst information

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$33

$56

How much do brokerage operations analyst jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for brokerage operations analyst in the United States is $33.75, according to ZipRecruiter salary data. Most workers in this role earn between $24.04 and $40.38 per hour, depending on experience, location, and employer.

How does a Brokerage Operations Analyst typically interact with other departments within a financial institution?

As a Brokerage Operations Analyst, you will regularly collaborate with teams such as trading, compliance, risk management, and client services. Your role often involves ensuring that trade settlements are processed accurately and promptly, resolving discrepancies, and coordinating with IT for system enhancements. This cross-functional interaction is essential for maintaining efficient workflow and meeting regulatory requirements. Building strong communication skills will help you effectively bridge gaps between departments and contribute to the overall success of the operations team.

What is the difference between Brokerage Operations Analyst vs Brokerage Associate?

AspectBrokerage Operations AnalystBrokerage Associate
CredentialsTypically requires a bachelor's degree in finance, business, or related field; certifications like FINRA Series 7 or 63 are commonOften requires a bachelor's degree; some roles may prefer or require FINRA licenses
Work EnvironmentFocuses on back-office operations, compliance, and process improvement within brokerage firmsCustomer-facing roles, assisting clients with transactions and account management
Employer & Industry UsageUsed in brokerage firms, financial institutions, and investment companiesCommon in retail brokerage firms, banks, and financial advisory firms

The Brokerage Operations Analyst primarily handles back-office functions, ensuring smooth transaction processing and compliance, while the Brokerage Associate often interacts directly with clients, assisting with account activities. Both roles require similar credentials but differ in daily responsibilities and work environment.

What are Brokerage Operations Analysts?

Brokerage Operations Analysts are finance professionals who ensure the smooth processing of transactions, settlements, and record-keeping within a brokerage firm. They work behind the scenes to reconcile trades, resolve discrepancies, and maintain compliance with industry regulations. Their role is crucial for ensuring accuracy and efficiency in the movement of securities and funds, supporting both clients and traders. They often collaborate with other teams to implement process improvements and manage risk.

What are the key skills and qualifications needed to thrive as a Brokerage Operations Analyst, and why are they important?

To thrive as a Brokerage Operations Analyst, you need a solid understanding of financial markets, trade settlement processes, and strong analytical abilities, often backed by a degree in finance, business, or a related field. Familiarity with financial software such as Bloomberg Terminal, trade reconciliation tools, and knowledge of regulatory systems like DTCC are typically required. Attention to detail, problem-solving, and effective communication are vital soft skills for managing complex transactions and collaborating with internal and external stakeholders. These skills ensure accurate trade processing, regulatory compliance, and efficient resolution of operational issues in a fast-paced financial environment.
More about Brokerage Operations Analyst jobs
What cities are hiring for Brokerage Operations Analyst jobs? Cities with the most Brokerage Operations Analyst job openings:
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What job categories do people searching Brokerage Operations Analyst jobs look for? The top searched job categories for Brokerage Operations Analyst jobs are:
Infographic showing various Brokerage Operations Analyst job openings in the United States as of May 2026, with employment types broken down into 35% Full Time, 63% Part Time, and 2% Nights. Highlights an 80% Physical, 8% Hybrid, and 12% Remote job distribution, with an average salary of $70,210 per year, or $33.8 per hour.
Associate - Prime Brokerage Operations

Associate - Prime Brokerage Operations

Morgan Stanley

Baltimore, MD

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

38th of 138 rated financial services


Job description

We're seeking someone to join our team as an Associate in ISG Equity Operations responsible for providing first class service and break resolution for a number of clients over various products for global markets. The Associate will work closely with Global Stakeholders including the Prime Brokerage Trade Support teams, Prematch and Fails, the Business Units and senior management across the firm.


ISG Product Operations encompasses two functionally aligned organizations. The first, Trading & Client Operations, provides Operations functions in direct support of activity executed by Institutional Sales & Trading. The second, Client Operations, provides Operations functions in direct support for activity cleared by Morgan Stanley on behalf of our clients in Prime Brokerage, Listed Derivatives, and OTC Derivatives. The broad organization partners closely with Sales and Trading to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected 'front to back' view of operations to ISG Sales and Trading.

Prime Brokerage Client Operations supports both the Prime Brokerage (NY) and International Prime Brokerage (LN) Business Units, across both Equity and Fixed Income products. It is a hugely diverse and dynamic department covering a wide range of functions/responsibilities from trade capture and clearance through to settlements and break resolution. The teams liaise with various internal and external counterparties on a daily basis, including the business units, hedge fund clients, brokers, stock loan, controls, corporate actions, network management and settlements. It is a high risk, exciting environment where the teams have to work to tight deadlines, which are both client and market driven.


As the demands of hedge funds have evolved, so too have services provided by the Prime Broker. Today, Morgan Stanley Prime Brokerage supports clients across a wide range of trading strategies from the more traditional equity long/short to credit strategies where the fund manager is trading credit default swaps, index futures and global distressed debt.

The Client Service Group provides direct client coverage and each team member is responsible for their own client base. Within this model, the Client Service Group team members support a number of key processes including break investigation, fails investigation and various other trade related activities. As this is a crucial client facing role the team are also responsible for making client process improvements which ultimately supports both Morgan Stanley and the client.
Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...
What you'll do in the role:

  • Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team

  • Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements

  • Build relationships within team and internal stakeholders, sharing knowledge to contribute to team output

  • Participate in projects and initiatives, aiding in solution formulation with a focus on timely execution

  • Liaising/communicating with Global stakeholders and various operational groups

  • Planning and organizing of project, initiatives and team testing

  • Providing reporting /information to management and key stakeholders

  • Process management of various client related functions such as trade amendments, client queries & reporting within specified timescales

  • Ensuring procedures are accurate, relevant and adhered too

  • Pro-actively contributing towards the drive to improve process efficiency through root cause analysis

  • Identification and timely escalation of risk items to management

What you'll bring to the role:

  • Knowledge of the full Trade flow from Execution to settlement for the market & the client

  • Experience preparing team procedures and assessing/implementing team controls

  • Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision

  • Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests

  • Culture carrier across Operations, embracing the Firm's core values

  • At least 2 years' relevant experience would generally be expected to find the skills required for this role

  • Good knowledge of Microsoft Office applications

  • Proven track record of successful project implementation

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Baltimore

Salary range for the position: $51,000 - $82,500 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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.


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