Job Description

Title: Operations Associate.
Teams: Wealth Management Operations
Shift: Flexible to work in shifts Shift Timings: Afternoon Shift (UK): 3pm to 12am
Job Location: Vashi, Navi Mumbai
:
Eligibility:

• Graduation and above in any discipline

• Candidates with up to 2 years of experience can apply

The Group:
Morningstars Wealth Management Operations group is a global team guided by Morningstars investment principles focused on delivering great long-term investment results to help end-investors reach their financial goals. We use our expertise in Asset setup/ allocation, investment selection, bank and trade reconciliation, Fee collection & payments, Audit fees, performance reporting, income distributions, factsheet reporting and portfolio reconciliation to create world-class investment strategies leveraging the full resources of Morningstar. The group specializes in multi-asset investing, using equities, fixed income, and alternative investments to construct robust portfolios. Through our investment offerings, we serve financial advisers and institutions, and the investors that they serve.
The Role:
Morningstar seeks an Operations Associate to join our Wealth Operations Team. This will be a key role in our mission to provide an exceptional client experience. This position is based in our Mumbai office.
Responsibilities:

• Independently maintain a high sense of ownership of the issues in the product ticket queue to be responsive and provide timely updates, follow-up, expedition, and resolution.

• Independently prioritize issues and workload by severity and impact, while ensuring quality and meeting deadlines.

• Independently analyse, recreate, document, communicate and monitor escalated issues using Salesforce, Jira, and other internal applications and reporting tools.

• Develop and maintain expertise in Wealth Management operation products, supported platform, Standard Operating Procedures for workflows, and client related documentation.

• Recognize patterns among repetitive problems and work to resolve the root causes by collaboration with other teams.

• Contribute to ongoing efforts to streamline and improve processes.

• Maintaining all security procedures mandated by management to ensure safekeeping of critical client data.

• Work with external and internal stakeholders to ensure the production is timely and meet required quality standards.

• Identify areas of improvement across the team and proactively take steps to improve those processes by offering ideas.

• Complete administration functions as required on the Investment platform: including (but not limited to): deposits, withdrawals, client account maintenance, management information and reports for clients, checking data is accurate and clean on the platform.

• Monitor discrepancies and liaise with the onshore team. Internal and external client money & custody asset reconciliations.

• Process corporate action events and income distributions.

• Assist other staff with additional workload time allows.

Competencies:

• Strong communication skills.

• Strong analytical and quantitative skills.

• Attention to Detail.

• Methodical Problem-Solving Skills.

• Excellent Organization Skills (Email, Task Management, Follow-up).

• Self-Motivated.

• Goal Oriented.

• Team Player.

Requirements:

• Up to 2 years of experience in the financial services industry.

• An understanding of the Financial Services marketplace that applies to Wealth Managers.

• Proactive with a strong initiative, excellent organizational skills, and the ability to manage multiple priorities.

• Excellent organisation and time management skills.

• Ability to multi-task and prioritise effectively.

• Knowledge of investment instruments across all asset classes would be advantageous.

• Focuses on meeting commitments and delivering results to a high standard. Robust analytical and problem-solving skills with detail orientation and accuracy.

• Excellent computer & Excel skills.

• Demonstrate self-motivation in an independent, fast-paced work environment. Excellent oral, written, and interpersonal communication skills.

Morningstar is an equal opportunity employer.
If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
Morningstars hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, weve found that were at our best when were purposely together on a regular basis, typically three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, youll have tools and resources to engage meaningfully with your global colleagues.
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