Portfolio Operations Associate Jobs in Tacoma, WA

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's 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
Oversight Management is the team responsible for verifying all client directed activity, focused on reviewing all activities before trading begins each day, providing management reporting and verifying that the external requests from Financial Advisors and Custodians are being completed fully and correctly before sending to portfolio managers.
ABOUT THE ROLE
The Operations Associate provides oversight management to the Client Service, Onboarding and Transaction Activity Teams while partnering with Portfolio Managers to enable accounts for trading. Technical and Professional skills are honed in a dynamic work environment, with opportunities to expand responsibilities and gain visibility.
PRIMARY RESPONSIBILITIES

• Perform verification checks on team's data entries to ensure accurate processing of information prior to daily trading deadlines
  • New accounts
  • Changes to existing accounts
  • Closed accounts
  • Cash activities
• Ensure all account documentation is received and properly submitted for archiving
• Prepare daily risk and control reports to ensure all activities are processed timely
• Create and maintain weekly quality metrics to help improve long term performance
• Update account parameters in proprietary system
• Process bulk change requests from a multitude of teams: finance, sales, billing and management
• Contribute to Oversight Management team projects & initiatives
• Ability to take initiative on a variety of projects and utilize problem solving skills to complete them effectively and efficiently.
• Partner with the Ops supervisor in work allocation and/or highlight must - go/escalated accounts

JOB REQUIREMENTS

• Bachelor's (4yr) degree w/ concentration in Finance, Economics or related area of study.
• 4+ years of work experience in Financial Services, wealth/investment management preferrable
• Strong Proficiency in Microsoft Office programs.
• Professional tact with excellent written and verbal skills.
• Strong problem solving and analytical skills.
• Meticulous attention to detail and highly process oriented.
• Ability to multi-task under tight deadlines.
• Ability to work in tightly knit team environment
• Strong interest in starting a career in the investment management industry

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.

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.

Salary range for the position: $70,000 - 140,000/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.