Joseph Zaets

As Executive Director within Morgan Stanley’s Wealth Management Operations unit, Joseph currently manages the Core Processing Group.  The group is comprised of Custody Operations, Global Reconciliation, Books & Records, and Account Transfer Services.  He is also responsible for strategic renovation of multiple Wealth Management’s systems including; Global Settlements and Sub-ledger Systems.

Joseph joined Morgan Stanley’s Transfer Department in June of 1997 as an analyst with responsibility for processing Account Transfers. He has also held various positions within the ACATS and Settlement teams.  In 1998, Joseph actively contributed to the ACATS redesign process, and was promoted to Manager of the area in May of 1999.

In 2001, Joseph was promoted to Vice President of the ACATS Transfer Department, responsible for all aspects of asset transfers for the firm.  In 2009 Joseph assumed responsibility for the Clearance and Settlement groups.

During his tenure with MS, Joseph has represented Morgan Stanley on many Industry committees created to improve processing.  In 2004 Joseph was elected to the Governing board of the SIFMA’s Customer Account Transfer Division as Treasurer and later was elected President.