Director (AVP) Escheatment Services

Were 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 thats eager to create innovate and make an impact on the world Read on...


What youll 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 youll bring to the role:

Ability to lead by example work with drive and determination and put forward challenging views to senior levels

Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team

Ability to operate independently across the majority of day-to-day responsibilities

Culture carrier across Operations embracing the Firms core values and acting as a role model

Collaboration and teamwork skills and experience including strong interpersonal skills

Organizational skills with strong attention to detail and the ability to manage multiple deadlines

Identify and escalate potential process anomalies to management in a timely manner

Knowledge of unclaimed property regulations and SEC 17ad-17

Demonstrated experience identifying and addressing client needs: actively participating in discussions and meeting

Support a positive environment by balancing workloads while meeting client expectations; providing candid meaningful feedback in a timely manner; and keeping management informed of progress and issues

Ability to effectively present information and respond to questions from business areas managers and clients

Strong interpersonal and communication skills with the ability to establish excellent working relationships with internal business areas and clients.

Project management capabilities.

Strong critical thinking organizational and problem-solving skills.

Ability to analyze large datasets

Ability to manage people

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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For MD Based Candidates:

Salary range for the position: $64000-$108000/ 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 to learn more about our benefit offerings.

Morgan Stanleys 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).