Company Profile

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 personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

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.

ETRADE, a member of the Morgan Stanley family of companies offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Flexible Spending Account or Health Savings Account, Life Insurance, Disability and other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k) and financial wellness plans in addition to other special perks reserved for our employees. Please visit Employment benefits at ETRADE Financial - explore jobs (etradecareers.com) learn more about our benefit offerings.

Responsibilities

• Initiate, review, and manage exceptions to the firm's current margin policy
• Perform daily margin processes: managing margin calls and monitoring accounts for accuracy and sufficient collateral
• Review asset transfers (funds and securities)
• Strong understanding of REG-T Margin guidelines, Day-Trade rules and complex option strategies
• Take-action on at-risk accounts for adherence to the firm's policy, market conditions, or individual account behavior
• Support customer service in identifying, managing, and resolving client margin issues via email, phone, or instant-message responses
• Assess risk and apply closing transactions in high-pressure and fast-moving market conditions
• Escalate risk related issues to various leaders in all lines of business
• Participate in cross-functional initiatives aimed at formulating policy and improving systems used to manage risk and execute client orders
• Provide regular reporting to direct management
• Contribute positively to the client experience by developing and sharing operational process enhancement ideas to the broader organization

Qualifications

• A Bachelor's Degree in Business or a Finance related field
• Ability to clearly articulate complex ideas to any audience within the organization
• Willingness and desire to learn new skills related to all aspects of brokerage operations
• Detail-oriented and have a proactive approach to identifying risk and effecting change
• 2 years of work experience in the broker-dealer space, preferably in Margin Operations or Equity/Options Trading
• Strong understanding of margin balances and buying power across multiple products (REG-T, REG-U, Options and Portfolio Margin)
• Working regulatory knowledge of FINRA 4210, Federal Regulation T, U, Portfolio Margin and Pattern Day-Trading
• Solid understanding of trading strategies, and current financial market conditions
• Knowledge of financial markets, derivatives, and margin (Regulation T)
• Knowledge of Excel and other Microsoft Office products in addition to systems such as Tableau, Bloomberg, etc.
• Willingness to learn new processes/systems

Role is Hybrid and will require in office attendance 3 days/week.

Expected base pay rates for the role will be between $65,000 and $70,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).