What are the responsibilities and job description for the Business Solutions Representative - Associate position at Morgan Stanley?
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 ethics. Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve, and grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.
Department Profile
Executive Financial Services (“EFS”) supports transactions involving restricted or control stock, often involving Rule 144 Affiliates and Corporate Insiders. These transactions include Rule 10b5-1 Trading Plans, sales under Rule 144 or pursuant to prospectus registration, margining, hedging, gifting, or legend removals for restricted stock. EFS conducts due diligence with Issuer counsel prior to the transaction, negotiates and implements 10b5-1 contracts (including trade execution pursuant to the plan) and facilitates SEC filings, clearing and settlement of restricted trades.
Position Summary & Responsibilities
EFS Business Solutions Representatives are responsible for working directly with Executive Relationship Managers, 10b5-1 Services, and Shareworks Executive Financial Services to successfully complete required regulatory filings on behalf of issuer affiliates in a timely and accurate manner. This requires developing familiarity with Morgan Stanley at Work platforms such as Shareworks, Solium Capital, and E*TRADE. This high visibility role is essential in supporting and maintaining the white glove service our clients have come to expect.
Responsibilities
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.
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).
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 ethics. Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve, and grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.
Department Profile
Executive Financial Services (“EFS”) supports transactions involving restricted or control stock, often involving Rule 144 Affiliates and Corporate Insiders. These transactions include Rule 10b5-1 Trading Plans, sales under Rule 144 or pursuant to prospectus registration, margining, hedging, gifting, or legend removals for restricted stock. EFS conducts due diligence with Issuer counsel prior to the transaction, negotiates and implements 10b5-1 contracts (including trade execution pursuant to the plan) and facilitates SEC filings, clearing and settlement of restricted trades.
Position Summary & Responsibilities
EFS Business Solutions Representatives are responsible for working directly with Executive Relationship Managers, 10b5-1 Services, and Shareworks Executive Financial Services to successfully complete required regulatory filings on behalf of issuer affiliates in a timely and accurate manner. This requires developing familiarity with Morgan Stanley at Work platforms such as Shareworks, Solium Capital, and E*TRADE. This high visibility role is essential in supporting and maintaining the white glove service our clients have come to expect.
Responsibilities
- Assisting Executive Relationship Managers with inquiries regarding required due diligence policies and procedures
- Maintaining a high level of knowledge regarding Rule 144, Section 16, restricted/control securities, SEC EDGAR requirements, and Morgan Stanley’s legal/compliance affiliate trading policies
- Developing a thorough understanding of corporate equity plans and security types/transactions, such as stock option exercises, restricted stock vesting, SARS, and related administration
- Identifying process enhancement opportunities and working with various internal business partners
- Maintenance of accurate records pertaining to actionable items, their current status, and completed regulatory filings
- Strict adherence to established processes to ensure accuracy, compliance, and audit requirements are consistently achieved
- Personal familiarization with departmental processes/policies to facilitate independent completion of designated tasks and self-sufficiency
- Familiarity with SEC Rule 144 is strongly preferred.
- Demonstrated effectiveness with both oral and written communication
- Strong time management, prioritization, and multi-tasking skills
- Current SIE/Series 7 and 63 licenses are preferred, but not required.
- A bachelor’s degree or equivalent experience in a related field is preferred.
- Proficiency with Microsoft Excel and PowerPoint
- Must be a quick learner with ability to work independently and possess an intrinsic sense of accountability/ownership
- Exceptional critical thinking and problem-solving skills with strong attention to detail
- Aptitude for working with numerical information
- Ability to work in a team environment and partner with multiple individuals across various groups
- Must be comfortable working with evolving processes, systems, and environments which require ongoing learning and adaptability.
- Ability to work in a fast-paced environment with periods of high volumes and pressure to meet daily deadlines
- Comfortable learning new technology
- An understanding of the workings of the equity compensation business and/or a finance background is a plus
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.
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).