UHNW Business Support, US Banks, Associate, Wealth Management
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Job Location:
Monthly Salary:
Posted on:
7 days ago
Vacancies:
1 Vacancy
Job Summary
About Us:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking securities investment management and wealth management services. The Firms employees serve clients worldwide including corporations governments and individuals from more than 1200 offices in 43 countries.
Position Summary:
We are seeking a high potential Business Support Associate to support and collaborate with the Ultra High Net Worth (UHNW) Lending business unit (BU) and COO Team serving UHNW clients (generally clients with a minimum net worth of at least $50 million) of WM. The role is for the Mumbai India office and will partner with the US based UHNW team this role the candidate will be expected to liaise between insurance agents taxing authorities and the Business Unit to protect the portfolio collateral.
Roles & Responsibilities:
- Ensure all insurance policies and property tax obligations of the diverse portfolio are managed accurately efficiently and in compliance with loan agreements and regulatory requirements
- Outreach to insurance brokers to request renewal insurance certificates review insurance certificates to ensure compliance with coverage requirements update loan systems for coverage compliance escalate issues as appropriate and provide reporting on past due payments.
- Ensure property taxes are paid as verified on the municipality website update loan systems for compliance escalate issues as appropriate and provide reporting on past due payments.
- Engage in ongoing portfolio reporting and ensure accurate and timely updates of loan portfolio metrics.
Required Qualifications & Skills: :
- Masters/Bachelors Degree (in Finance or Economics) Degree required.
- Minimum 3-5 years experience in financial services private banking and lending and/or real estate management.
- Knowledge of commercial property insurance requirements is a plus.
- Proficient in Microsoft Office Suite (Outlook Word Excel PowerPoint TEAMS)
- Strong communication skills with the ability to articulate both verbally and in writing in a clear and professional manner.
- Critical thinking with the ability to evaluate data and make sound judgements; knowing when to escalate / ask questions.
- Detail orientated in ensuring accuracy and completeness of all tasks.
- Data/analytical skills is a plus.
- Organization time management and multi-task abilities to meet deadlines and manage internal/external expectations.
- Teamwork and collaboration skills to achieve common goals
- A positive and energetic attitude with a desire to acquire new knowledge and skills.
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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds talents perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting developing and advancing individuals based on their skills and talents.
Required Experience:
IC
Key Skills
- Portfolio Management
- Wealth Management
- Financial Services
- Hybris
- Microsoft Word
- Banking
- Cash Management
- Data Management
- Microsoft Powerpoint
- Securities Law
- Microsoft Excel
- Internet Of Things
About Company
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, ... View more
