Executive Financial Services Trading Group - Associate

Employer
Morgan Stanley USA
Location
New York, NY, USA
Salary
Competitive
Posted
Feb 15, 2019
Closes
Mar 20, 2019
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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:

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. An important part of the service provided by EFS includes education and guidance to the FA's, branch management and issuer counsel/corporate clients on SEC rules and operational considerations.

Position Summary and Responsibilities:
1. Review 10b5-1 plan drafts to confirm they comply with the firm's requirements and guidelines.
2. Assist with plan drafting and due diligence
3. Enter and review 10b5-1 plans and modifications in the firm's proprietary 10b5-1 monitoring system
4. Monitor, develop strategies, and execute 10b5-1 plan orders
5. Review orders to confirm they comply with Rule 144 and Rule 10b-18
6. Coordinate client trade execution reports
7. Generate and create ad hoc analytics and reports out of EFS proprietary systems
8. Produce and develop client/company specific marketing materials and trading analyses

Qualifications:


Qualifications:

  • Undergraduate degree
  • 3-5 years of financial services industry experience
  • Excellent communication and time management skills
  • Proficiency with Microsoft Excel and PowerPoint
  • Ability to work well in a closely coordinated team
  • Desire to work in a fast paced, market driven environment
  • Progress towards FINRA SIE, Series 7/63 (or 66) a plus (requirement to take SIE and Series 7 within 90 days of starting)
  • Progress towards CFA/MBA a plus

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