Wealth Management Operations Associate
We're seeking someone to join our team as an Associate in our Toronto office for Wealth Management Operations.
In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships, driving strategic automation solutions by embracing a transformation mindset and challenging the status quo.
This is an Associate level role at the P2 job level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals
The Wealth Canada Operations Associate is responsible ensuring successful onboarding of new advisors, accurate and timely processing of investment transactions, account transfers, account maintenance, documentation handling for all investment account types, executing fees for both managed and fee based accounts, and client service support in compliance with both CIRO regulatory policies and Internal policies. Accounts for the following business lines: Full Service Financial Advisors, Virtual Advisors, Self- Directed (Discount), OMNIBUS accounts to support Corporate Plan business (ESOP).
This is a hybrid in office role - (3 days in office minimum * subject to change)
Required Skills:
Minimum 3/5 years work experience within the Wealth Management retail mid office operations support space at CIRO/IIROC broker dealer
Experience working on a Canadian brokerage platform: Dataphile preferred, knowledge of ISM or Broadridge acceptable
Knowledge of Retail Canadian Wealth Account Types for client Account Opening types: (Cash, Margin, Registered, Managed Accounts) and Product types: mutual funds (PAC/SIP/SWIP's) & Fee Based Products (Fee set up & posting)
Knowledge of Client Account transfer process (in-kind, cash & security positions), via ATON and non-Aton / Book cost
Knowledge of Self Direct Registered Plans (RRSP/RIF's /TFSA etc.), contributions, de-reg cash/security in kind.
Understanding reconciliation process (cash & security positions)
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Must have strong writing capabilities and communicate in a clear verbal manner
Strong analytical and problem-solving skills with attention to detail. Good organizations skills, with the ability to multitask
Able to work collaboratively within a team environment (locally and other service groups globally), and work outside a defined job description
Strong Excel skills (create macros, pivot tables)
-Education: University and or College degree
-CSC (Canadian Securities Course) and or other Financial Industry courses would be an asset
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity 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.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.
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.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Fitness Subsidies
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
- FSA
- Virtual Fitness Classes
- HSA
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Return-to-Work Program
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Adoption Leave
Work Flexibility
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Leave of Absence
- Volunteer Time Off
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Access to Online Courses
- Lunch and Learns
- Work Visa Sponsorship
- Leadership Training Program
- Associate or Rotational Training Program
- Internship Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)