Full Job Description
Executive Financial Services Trading Group – Associate
POSTING DATE: Nov 4, 2021
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
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.
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:
Review 10b5-1 plan drafts to confirm they comply with the firm’s requirements and guidelines.
Assist with plan drafting and due diligence
Enter and review 10b5-1 plans and modifications in the firm’s proprietary 10b5-1 monitoring system
Monitor, develop strategies, and execute 10b5-1 plan orders
Review orders to confirm they comply with Rule 144 and Rule 10b-18
Coordinate client trade execution reports
Generate and create ad hoc analytics and reports out of EFS proprietary systems
Produce and develop client/company specific marketing materials and trading analyses
Required Qualifications / Skills:
Prior experience in Capital Markets, Investment Banking/Origination, Wealth Management or other role in finance
FINRA Licenses: Series 7, 55/57, 63 required
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
Desired Qualifications / Skills
Experience with Rule 10b5-1 plans preferred
MBA or CFA or progress toward either is helpful
Data analysis skills / experience
Project management experience