Restricted Securities Associate

About the Role

Morgan Stanley's Executive Financial Services (EFS) supports transactions involving restricted or control stock, often involving Rule 144 Affiliates and Corporate Insiders. These transactions include Rule 10b5-1 Trading Plans, sales under Rule 144 or pursuant to prospectus registration, margining, hedging, gifting, or legend removals for restricted stock. EFS conducts due diligence with issuer counsel prior to the transaction, negotiates and implements 10b5-1 contracts (including trade execution pursuant to the plan) and facilitates SEC filings, clearing and settlement of restricted trades. EFS also provides education and guidance to Financial Advisors (FAs), branch management, and issuer counsel/corporate clients on SEC rules and operational considerations. The Restricted Securities Associate will interact with multiple internal partners and applications to resolve service requests, offering knowledgeable support in a professional and efficient manner while taking the initiative to stay up to date on company products and services.

Key Responsibilities

• Review service requests, verify accuracy of information, and approve/deny based on predefined criteria.
• Coordinate with various business partners within the EFS department to process service requests.
• Follow-up/respond to Branch inquiry requests and advise on proper documentation and procedures.
• Daily monitoring of account activity.
• Perform record keeping activities and ensure data accuracy.
• Generate and analyze reports as needed.
• Present multiple options to resolve complex inquiries.
• Recognize gaps in processes and collaborate with the team to increase efficiency.

Requirements & Tech Stack

• Excel and data analysis skills.

Qualifications

• 2-5 years of experience in a financial sales/service environment with proven results.
• Education or training equivalent to a bachelor’s degree.
• Fundamental knowledge of brokerage business.
• Strong critical thinking skills to address inquiries.
• Strong attention to detail.
• Ability to work independently and within a team environment while adeptly resolving intricate issues and escalations.

Preferred Requirements

• Experience in Executive and financial services.
• Experience with Rule 10b5-1 trading plans, Section 16, restricted stock, Rule 144, and equity compensation.
• Effective conflict resolution skills.
• Approachable, flexible, dependable, and conscientious collaborator.
• Demonstrates self-confidence and the ability to keep composure in high-pressure situations.
• Takes initiative and develops proposals towards positive solutions.
• Willingness to learn new skills and knowledge independently.