Director (AVP) - Escheatment Services

Director In Escheatment Services Operations

We're seeking someone to join our team as a Director in Escheatment Services Operations to be responsible for all aspects of Escheatment functions by supporting the receiving, reconciling and reporting of unclaimed assets as needed.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Specialist position at the Director level within Risk, Regulatory & Resilience, which performs various independent functions to ensure adequate controls are in place. We do this by providing an integrated risk and control framework to govern, assess, mitigate and manage financial and operational risk in Operations.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...

What you'll do in the role :

• 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

What you'll bring to the role :

WHAT YOU CAN EXPECT FROM MORGAN STANLEY :

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. 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. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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.

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 units incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short / Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.