Morgan Stanley Hiring for Director Job at Bangalore Full Time

Job Description

Director – AIS Pricing and Cash Reconciliations

Job Number: 3181140
POSTING DATE: Aug 2, 2021
PRIMARY LOCATION: Non-Japan Asia-India-Karnataka-Bengaluru
EDUCATION LEVEL: Bachelor’s Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Director

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

IM 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 AIP (Alternative Investment Partners) business is the Fund of Funds division of MSIM. AIP provides institutions, foundations, endowments and high net worth individuals with access to diversified portfolios of privately placed alternative investment products.

The position includes Portfolio services responsibilities namely maintaining books and records of the AIP portfolios, Pricing and valuations, fund administration, Client reporting and Documentation.

This position would require the individual to work closely with the local India AIS teams as well as the West Conshohocken team in the US, also liaise, and interact with various third parties like fund houses,administrators, custodians and valuation agents for the performance, reconciliation and investment information, which is received through different sources and in different, formats -emails/websites etc.

The process is manual. The team works in a very time sensitive environment with multiple deadlines and involves in-depth analysis of the returns, understanding of market changes in relation to the performance of funds and complexities of the funds. The team is also responsible for reconciliation oversight of the various third parties that provide reconciliation, pricing and valuation services for loan level information. This data is produced in a platform utilized by the Investment Team to monitor the portfolios with the ultimate goal of providing superior product to our external clients.

There is a robust maker-checker for where required in the process to ensure quality of the data updated.

Primary Responsibilities

• Gathering information from various fund houses, Banks, administrators and liaising with them.
• Perform daily, weekly monthly and quarterly pricing with proper due diligence.
• Indepth analysis, calculation of the returns and understanding of market changes in relation to the performance and valuations of the underlying hedge funds
• Reconciling the cash balances daily and performing the required checks when monitoring the settlement of cash transactions.
• Reporting to internal operations teams and communicating with custodian banks and administrators for break resolution.
• Reconciling the Holdings with the administrators and investigating break causation, recommend proposed solutions and finalizing the reconciliations.
• Review of NAV packs and Closing packages.
• Providing support for confirmations /calculation of financial statement items including, but not limited to, total expense ratios, Fund data/terms, footnote data, and valuation look-back tests.
• Regulatory report data inputs and support for such inputs.
• Client Reporting to Internal stakeholders.
• Monitoring various mailboxes for notifications of documents
• Maintenance of agreements and investment documentation in the Document management system.
• Partnering with Mumbai and West Conshohocken teams.
• Maintenance of integrity and secrecy of the firm
• Manage risk associated with the job profile
• Involvement in projects related to the job function and liaising with IT on automation projects
• Perform related duties as assigned
• Time management and prioritizing to meet the time sensitive daily deadlines

QUALIFICATIONS
Skills required (essential)

• Graduate (Commerce preferred)
• Strong verbal and written communication skills
• Should have a keen eye for details and accuracy.
• High degree of computer literacy, including working knowledge of Windows-based applications such as Word and Excel.
• An ability to work under pressure and an ability to cope with increased workloads
• Knowledge and exposure to hedge funds, pricing, understanding loan products and reconciliations.
• Strong analytical and problem solving skills to analyze returns and apply the same appropriately.

– An ability to -think outside the box- and look for creative solutions

• Self-starter with the ability to take a proactive approach to projects and tasks in implementing solutions.
• Demonstrates ability to work effectively in a team-oriented environment and builds networks
• Ability to identify and escalate risk issues to stakeholders
• Organizational skills, including the ability to coordinate, prioritize, and manage multiple activities.
• Ability to work effectively with minimal supervision and flexibility to adapt to changing needs and requirements.

Skills desired

• See above

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.

Job Detail

• Job Id
  JD1999803
• Industry
  Not mentioned
• Total Positions
  1
• Job Type:
  Full Time
• Salary:
  Not mentioned
• Employment Status
  Permanent
• Job Location
  Bengaluru, Karnataka, India
• Education
  Not mentioned
• Experience
  Year