Wealth Management Operations- Director (AVP)- Unclaimed Properties at Morgan Stanley

South Jordan, Utah, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Feb, 26

Salary

108000.0

Posted On

21 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Wealth Management, Operations Management, Compliance, Project Management, Problem Solving, Team Leadership, Client Relations, Data Analysis, Risk Management, Attention to Detail, Interpersonal Skills, Communication Skills, Training and Development, Process Improvement, Unclaimed Property Regulations, Escheatment

Industry

Financial Services

Description

Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues Coordinate work, train and develop other team members where required, including task allocation, and project contribution Manage returned mail and SEC Regulation 17ad-17 Lost Security Holder process Supervise internal and external inquiries and ensure maintenance of SLAs Operate with in-depth knowledge of Compliance risk avoidance Monitor and ensure that support for the returned mail process and SEC Regulation 17Ad-17 is documented, reviewed, and accurately prepared Respond to and coordinate with clients/business areas in regard to returned mail inquiries Serve as Subject Matter Expert for returned mail and Escheatment Work with clients or internal stakeholders as information is required or requested Support the receiving, reconciling, and reporting of unclaimed assets as needed Manage and reconcile internal unclaimed property accounts Manage unclaimed property campaigns Work on assigned projects on an as-needed basis to support Escheatment Operations Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team Ability to operate independently across the majority of day-to-day responsibilities Culture carrier across Operations, embracing the Firm's core values and acting as a role model Collaboration and teamwork skills and experience, including strong interpersonal skills Organizational skills, with strong attention to detail, and the ability to manage multiple deadlines Identify and escalate potential process anomalies to management in a timely manner Knowledge of unclaimed property regulations and SEC 17ad-17 Demonstrated experience identifying and addressing client needs: actively participating in discussions and meeting Support a positive environment by balancing workloads while meeting client expectations; providing candid, meaningful feedback in a timely manner; and keeping management informed of progress and issues Ability to effectively present information and respond to questions from business areas, managers and clients Strong interpersonal and communication skills with the ability to establish excellent working relationships with internal business areas and clients. Project management capabilities. Ability to analyze large datasets Ability to manage people 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. 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. For MD Based Candidates: Salary range for the position: $64,000-$108,000/ 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. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings. 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.

Responsibilities

The Director will serve as a subject matter expert, managing processes and risks while proposing improvements. They will also supervise inquiries and ensure compliance with regulations related to unclaimed properties.