Morgan Stanley Wealth Management provides its clients access to a comprehensive range of both Australian and international equities, as well as wealth management services including financial planning, margin lending and managed investments.
With the recent launch of a separately managed account (SMA) product an exciting opportunity exists for an Assistant SMA Program coordinator based in Sydney. Reporting to the SMA Program Coordinator, you will work in an experienced and highly motivated team.
This role will be primarily responsible for the implementation, management and oversight of client accounts invested in 3rd party models. Responsibilities include:
Coordinating with order execution and risk teams to ensure that client accounts are following their chosen model and within set parameters
Liaising with external portfolio managers on model changes, updates and trade rationales
Implementing a robust framework designed to minimize risk and maximize operational efficiency
Engaging with financial advisers on issues arising on client accounts
Influencing senior stakeholders – internal and external
Accurately explain complex or unfamiliar business, operational or financial information to key stakeholders
Working in a team environment that fosters diversity, flexibility, and talent
Positively engage with & support, advocate and implement change
Commercial acumen, including the ability to quickly build and dissect business cases
Help determine key drivers of our business model and third party manager selection/ongoing review
Understand the relationships between key drivers as well as impact market conditions have on key drivers
Third Party Manager fee invoicing
Background You have two years' experience with a fund manager or custodian, ideally working in an Operations/Investment Management team.
Detailed knowledge and understanding of financial markets fundamentals
Client focused with the ability to build rapport at all levels
Excellent written and verbal communication skills
Strong excel skills
Tertiary qualifications and/or industry recognized education (RG146)
Excellent attention to detail
Comfortable and effective in communicating with senior management