Associate, Mortgage Pricing & Analytics

at  Morgan Stanley

Associate, Mortgage Pricing & Analytics
Job Number:

3261498
POSTING DATE: Oct 30, 2024
PRIMARY LOCATION: Americas-United States of America-New York-New York
EDUCATION LEVEL: Bachelor’s Degree
JOB: Wealth Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate

DESCRIPTION

Morgan Stanley is a global financial services leader with three core businesses: Wealth Management, Investment Management, and Institutional Securities. The Wealth Management Division includes one of the world’s largest networks of Financial Advisors, with client assets of more than $2 trillion and almost 16,000 Financial Advisors. In addition to comprehensive financial services, which include brokerage, advisory, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley’s Wealth Management Division has developed key lending and cash management capabilities, through its Private Banking Group.
The Home Loans business is a key element of the Global Wealth Management strategy. There is continued emphasis on growth in this core product offering. Morgan Stanley continues to make considerable investments in this business in terms of technology, processes, and personnel.
The Home Loans Pricing & Analytics team is seeking an Associate who will report to a VP on the team and specialize in process ownership for new and existing processes such as the rate adjustment and new asset discount programs.
The ideal candidate has experience in residential mortgage originations. This is a highly collaborative role within Residential Mortgage and with its functional partners.
Primary Responsibilities
Subject matter expert in multiple areas to help resolve ad hoc issues presented by production users, sales partners and clients
Process owner in new and existing mortgage pricing initiatives to help educate partners and optimize processes
Facilitate conversations with large groups to identify/resolve issues and propose enhancements to the business
Assist with project management and process development for key initiatives
Liaise with technology, business partners and leadership to assist in the resolution of production issues
Produce and distribute reporting on key mortgage pricing initiatives to multiple levels of end users including but not limited to Home Loans Senior Management
Create analytics to help inform decision making on future initiatives
Preferred Experience
Minimum of 2 – 4 years of experience in financial services
Mortgage experience (preferred)
Knowledge of mortgage origination, reporting and analysis (preferred)
BA in finance, economics, accounting, business, statistics, or math
Upon active employment, this position will require registration with the National Mortgage Licensing System and Registry (NMLS) under the SAFE Act of 2008

QUALIFICATIONS

Skills
Advanced Excel skills
Proficient in Microsoft office Products (PowerPoint, Word)
Ability to take complex information and effectively communicate it to stakeholders
Ability to build and maintain strong relationships with internal business partners
Efficient report generation and ability to streamline and/or automate processes
Detail oriented with strong organizational, analytical and oral/ written communication skills
Excellent interpersonal skills, ability to communicate clearly to a large audience, and demonstrate sound judgement
Demonstrates positive attitude and comfortable working in a very fast paced environment
Expected base pay rates for the role will be between 57,000 and 110,000 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)

Please refer the Job description for details