Private Wealth Management Service Associate

$33,280 - $85,000/Yr

Morgan Stanley - San Francisco, CA

Full-time - Entry Level

San Francisco, CA

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Private Wealth Management Service Associate at Morgan Stanley is responsible for providing operational support and oversight for the Complex, along with general management support functions and special projects. This role involves daily tasks such as document maintenance, money movement, trade support, and various approvals, requiring problem-solving skills and the ability to escalate issues when necessary.

Responsibilities

• Manage documents, including quality reviews for accuracy and completeness, scanning and electronic filing.
• Oversee and distribute incoming and outgoing mail, including opening, sorting, time stamping and distributing regular and/or overnight mail.
• Perform basic money movement functions such as check deposits, issuing checks and cash and securities transaction approvals.
• Assist with processing of trade adjustments and responding to operational alerts.
• Execute on actionable items upon review of delegated reports and requests to meet service level expectations in a timely manner.
• Support the Service and Risk Management team in audit preparedness through ongoing monitoring of accounts and processes, ensuring compliance with firm policies and regulatory requirements.
• Remedy and/or escalate service breaks to management team.
• Assist with special projects (e.g., recruit onboarding support).
• Identify Firm services and solutions that support clients' needs including secure, digital offerings like Morgan Stanley Online and Morgan Stanley Mobile.
• Maintain focus on evolving policy and platform changes, participating in training opportunities and conference calls as needed.
• Perform various other administrative duties on behalf of the branch (e.g., telephone coverage, ordering supplies, facilities support).
• Serve as a resource to sales, service, risk and Home Office partners on behalf of Business Service Managers.
• Organize and track progress against operational remediation projects.

Requirements

• High School Diploma or equivalent; college degree preferred.
• Strong computer skills and knowledge of Microsoft Office products.
• Exceptional writing, interpersonal and client service skills.
• Detail-oriented with superior organizational skills and ability to prioritize tasks.
• Team player with the ability to collaborate with others.
• Ability to work in a fast-paced, evolving environment.
• Willingness to obtain SIE, Series 7, 66 (or 63 and 65) and 9/10 licenses.

Nice-to-haves

• Industry experience is a plus.

Benefits

• Commission earnings
• Incentive compensation
• Discretionary bonuses
• Short and long-term incentive packages
• Morgan Stanley sponsored benefit programs