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Associate – Fund Administration (Operations)
Job Number:
3231151
POSTING DATE: Feb 10, 2023
PRIMARY LOCATION: Non-Japan Asia-India-Karnataka-Bengaluru
EDUCATION LEVEL: Bachelor’s Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION
Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile
MSIM Operations
This Operations group supports the equity, fixed income, liquidity and alternative businesses for Morgan Stanley Investment Management (MSIM), providing middle-office services including portfolio manager support, client services, portfolio transitions, market registration, product data and performance and attribution analysis. MSIM Operations also provides mutual fund support, derivative processing, and counterparty and credit event management.
Background on the Team
The position would be responsible for providing support to the Global Fund administration teams based in New York. Support would broadly involve due diligence over fund service providers, preparation of various valuation reports and performing valuation checks, and Invoice Processing. This position would also require the individual to work closely with the Fund administration / Valuation teams based in global locations and will also involve liaison and interaction with global service providers who support MSIMs Funds.
Primary Responsibilities
> Review of Financials Statements prepared by fund accountants across families.
> Daily NAV Analysis process to ensure reasonability check on the day to day NAV movement.
> Due diligence over fund accountants/service providers i.e. Review of expenses, Liquidity holding report, custody billing reviews etc.
> Daily securities lending compliance checks
> Quarterly Lending Board reports — review
> Processing broker bills
> Preparing Value at Risk reporting for regulatory filings
> Preparing mailing lists for statements to clients
> Assisting in the preparation of fund offering documents
> Calculation of trail commissions.
> Invoice processing for AIP and NY funds.
> Involvement in other projects related to the job function and perform related duties as assigned.
QUALIFICATIONS
Skills required
> Sound accounting and Mutual funds/Capital markets knowledge
> Good Analytical skills , eye for detail and good with numbers
> Proven record of collaborating with colleagues across geographic and functional boundaries.
> Excellent oral and written communication skills.
> Proficient computer skills, particularly with Microsoft Office
> Ability to ‘ think out of the box’ and look for creative solutions
> Demonstrated ability to work effectively in a team-oriented environment
> Ability to identify, escalate risk issues and manage upward communication to all stakeholders and install adequate controls to mitigate risk
> Ability to perform tasks with precision and accuracy
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential.
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