This role is part of Parametric' s hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.

ABOUT THE TEAM
The operations department consists of a team of professionals that focuses on the overall operations of Parametric. This group ensures the production process is complete from start to finish and lines up with the goals and functions of other departments within the firm. Examples include supervising, organizing, and completing daily production, measuring and evaluating daily workload, and providing services to ensure the business runs as smoothly and effectively as possible.

ABOUT THE ROLE
The Trade Settlement Analyst is responsible for ensuring timely and accurate settlement of domestic and international trade activity. This entails working closely with external brokers and custodians, as well as internal stakeholders, to quickly identify and resolve trades that are at risk of failing.

The ideal candidate is a self-starter with exceptional attention to detail and the ability to work independently under tight deadlines. The expected shift is approximately 6:30AM - 3:00PM PST, allowing for an early start to the day to match trades, resolve issues, and mitigate risk. This associate will work on a cross functional team of other middle-office associates, so the ability to multi-task and be flexible is paramount.

Primary Responsibilities

- Research and resolve complex problems relating to US domestic specific trade and settlement issues.
- Ability to self-manage in a high volume, fast-paced environment with strict deadlines. Settling trades for over 50,000+ accounts and trade volumes of an average daily range of 200,000+
- Responsible for the entire post trade process, including transmission of trades to counterparties, matching/confirmation/affirmation of trades, and resolution of exceptions.
- Coordinate daily with counterparties and third-party venders to expedite timely settlement of trades.
- Evaluate and improve existing operational processes and procedures to reduce risk and increase efficiency.
- Aware of broader market events that could impact trading and settlement.
- Effectively communicate issues and challenges to larger team.
- Contribute to the creation and maintenance and of written procedures.
- Maintain day-to-day relationships with a wide range of brokers, custodians, and vendors.
- Recordkeeping/maintenance of client/broker records and files.
- Perform daily and monthly audits as required.
- Participate in technology development efforts as needed.
- Work independently with minimal supervision.
- Other duties as assigned.

JOB REQUIREMENTS
- Bachelor's (4 year) degree. Concentration in business administration, finance, or accounting preferred.
- 1-2 years industry experience preferred.
- Competent in Microsoft Office programs, strong Excel skills necessary
- APX and Bloomberg experience a plus
- Must have strong professionalism and communication skills.
- Displays excellent organization, time management and planning skills.
- Ability to manage multiple tasks effectively.
- Displays high attention to detail, accuracy, thoroughness and thoughtfulness.
- Commitment to meeting identified quality and efficiency standards.
- Working knowledge of the settlements process and the lifecycle of a trade is a plus.
- Knowledge of DTCC Alert, CTM, Trade Suite and SWIFT messaging or other relevant systems preferred

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

Salary range for the position: $60,000-$90,000/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. 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.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).