Porfolio Accounting_Associate_Product Support & Services IM_Night Shift

We’re seeking someone to join our team as a Hedge Fund Portfolio Accounting Associate in IM Operations to perform activities which includes Cash, Position and NAV reconciliation on daily basis for Fixed Income accounts. This reconciliation is to be completed prior to the start of trading hours for the respective region and hence is highly time sensitive. The objective of the reconciliation is to provide traders with accurate cash & positions.
 

This is a Sr. Professional position at Associate level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

• Actively monitoring critical investment and investor activity for multiple portfolios and custodian banks, ensuring proper settlement of transactions; developing significant level of expertise of the holdings, terms and transactions of multiple portfolios to provide intuitive and proactive oversight of these portfolios
• Overseeing third party service providers in posting activity to the portfolios; general ledger and maintaining portfolio activity in AIS’s parallel portfolio accounting system.
• Reconciling transactions, valuations, management fees, performance fee calculations, P&L components, and other activity between Investran and the third-party service provider's records on a monthly/quarterly basis to ensure accuracy
• Signing-off on net asset value and performance-based information on a monthly/quarterly basis; providing regular daily support and responding to numerous ad-hoc requests from investment management, investors and other internal and external stakeholders
• Verifying accuracy of investor capital activity, capital account balances, NAV allocations, and capital statements on a monthly/quarterly basis.  This could include the review of investor level capital calls and distributions on an ad hoc basis.
• Providing support for product, regulatory, and other audits; assisting with review of offering documents for new products and supporting other areas of product development, as needed
• Working effectively with third party service providers and internal parties to ensure a high level of service for the products; raising service issues in an appropriate manner and following up on issues to resolution; creating or enhancing processes to improve efficiency
• Monthly compliance reporting and highlighting instances with potential noncompliance with the products governing documents
• Execute complex processes and assist a Team Manager in coordinating processes, risks and/or projects in a Team Lead capacity
• Recognize risk in day-to-day processes to draw out the key issues and leverage detailed knowledge to propose changes in process
• Train others, allocate tasks and support with first line escalation where required
• Share expert knowledge across the team, contribute to team output and development, building relationships across the Firm

What you'll bring to the role:

• At least 4 years' relevant experience would generally be expected to find the skills required for this role
• Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
• Ability to operate independently with respect to some job responsibilities
• Culture carrier across Operations, embracing the Firm's core values
• Bachelor’s degree, or equivalent, in Accounting, Finance, or related business field
• Knowledge of hedge fund accounting, fund of funds investment accounting and/or derivatives, or experience with Investran, is a plus.
• Strong organizational and analytical skills, ability to effectively summarize findings, both verbally and in writing, in a clear and concise manner
• Demonstrate ability to work effectively in a team-oriented environment and flexible to adapt to changing needs and requirements
• Detail-oriented and highly motivated
• Ability to work effectively with minimal supervision

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.