NewYorkRecruiter
the smart solution for New York jobs

GMA and PSG Portfolio Services, Associate - Investment Management Oper

Company: Morgan Stanley USA
Location: New York
Posted on: February 15, 2019

Job Description:

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. Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets. MSIM Operations Division: This Operations group supports the Businesses investing in equity, fixed income, liquidity and alternative businesses for Morgan Stanley Investment Management (MSIM). The team provides middle-office services including portfolio manager support, client services, portfolio transitions, market registration, security reference data management, trades settlement and performance and attribution analysis. MSIM Operations also provides mutual fund trade processing support, derivative processing, and counterparty and credit event management The Position: This position in Operations Middle Office will work specifically with the Global Multi Asset (GMA) and Portfolio Solutions Group (PSG) team in support of the Operations Portfolio Services team. The Portfolio Services team is responsible for managing, coordinating and overseeing all Operations related functions, performed either in-house or by our outsourced vendor (State Street Investment Management Services - IMS). The individual in this position will be responsible for operations and portfolio management support activities for GMA and PSG portfolios (which include funds and separately managed accounts). Responsibilities in this position will result in detailed knowledge of the GMA and PSG portfolios, including investments in equity, fixed income and other alternate investments and securities, as well as derivative investments, such as total return swaps, options, forward currency contracts, and other alternatives derivative-based products. Further, the products also invest in hedge funds (on a primary and secondary basis), private equity and real estate funds and co-investments (on a primary and secondary basis). This position will involve developing and maintaining relationships with business stakeholders, functional teams and with third party service providers to ensure proper support for the investment teams. This position will be located in the New York, NY office. Responsibilities: - Responsible for day to day Operations tasks, resolution of issues, as well as longer term projects. - Required to perform oversight of all internal and external deliverables and track the outsourced vendors performance against the established Service Level Agreement for their strategies, addressing operational deficiencies where required. - Act as primary conduit between MSIM Operations and the State Street outsourcing agent for assigned strategies Solutions and Multi Asset, Portfolio Solutions Group, etc; continuously review State State's performance against agreed SLA deliverables. - Assist the team on coordination Operations tasks related to take-on, termination, and transition of new client or fund mandates, the review of client Investment Management Agreements (IMA), IMA amendments, and market registration status for their assigned strategies. - Assist with the production of client meeting materials, client questionnaires, and RFI/RFP responses, as required. - Engage in Operations review, coordination and delivery of Client Reporting (review, monitoring, oversight and production) for assigned strategies. Operations oversight of reconciliations and assist in resolution of trade fails, breaks and claims. - Answer all Client, Portfolio Manager and Functional team queries from an Operations perspective. - Review and monitor daily Portfolio Manager reports prepared by India Operations reporting team before those are finalized and signed off to the Investment team - Actively own cash management function across assigned strategies within Operations and work with State Street, Trading team and external counterparties/custodians to ensure sufficient funds are available on settlement date. - Actively monitoring critical portfolio solutions and hedge fund investment and investor activity for multiple portfolios and custodian banks; ensuring satisfactory settlement of those transactions, including cash distributions and receipts; developing significant levels of expertise of the holdings, terms, and transactions of multiple portfolios, in order to provide intuitive and proactive oversight of these portfolios. - Ensuring the integrity of transactional data in Investran through the review of contract notes, capital statements and underlying fund correspondence, and working with the pricing team to resolve any transaction or valuation discrepancies. - Reconciling transactions, valuations, management and performance fee calculations, P&L components, and other activity between Investran and the third party service providers records on a monthly or quarterly basis to ensure accuracy - Preparing monthly performance reports for investment management and clients using valuations from underlying investments, cash balances, and derivatives valuations. - Overseeing third party service operations providers in posting activity to the portfolios general ledger and maintaining portfolio level activity in PSGs parallel portfolio accounting system, Investran. - Examples of longer term projects might include a migration to a new system, to a new vendor, new Fund set up, as well as internal projects such as process improvements within portfolio services , risk control self-assessments or activity based costing analysis. - Performing other Operations related functions or responsibilities as needed or assigned Qualifications: Skills looking for: Strong organizational skills and an orientation toward strict attention to detail. Strong relationship management and communications skills. Demonstrated success working in a high volume, high intensity environment and an ability to get closure on issues promptly. Proven record of collaborating with colleagues across geographic and functional boundaries. Excellent oral and written communication skills. Professional and decisive with outstanding business judgment. Proficient computer skills, particularly with Microsoft Office. Ability to work effectively with minimal supervision Key success measures in this role are: Satisfied investment and trading team based on service offered by Operations team. Controlled processes demonstrated by metrics and risk incidents On time, to quality, delivery of projects and initiatives Experience / Knowledge Required: Ideal candidate will have up to 3-5 years experience in Investment Management Operations, and have exposure to Equity, Fixed Income and Alternate Investment products. Bachelors Degree or equivalent (Finance, Economics or Accounting preferred) and demonstrated, proven experience in Financial Services Operations or similar role. GMA and PSG Portfolio Services, Associate - Investment Management Operations

Keywords: Morgan Stanley USA, New York , GMA and PSG Portfolio Services, Associate - Investment Management Oper, Executive , New York, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Executive Jobs


Vice President, CX
Description: WEBER SHANDWICK IS LOOKING FOR A VICE PRESIDENT TO JOIN OUR CONSUMER TEAM IN OUR NEW YORK OFFICE. br br ABOUT US: br br When Weber Shandwick was formed we set out a mission that, by design, has (more...)
Company: Weber Shandwick
Location: New York
Posted on: 02/24/2019

VP Associate Creative Director
Description: The VP, Associate Creative Director/Art is responsible for ensuring that all Agency work is on strategy and meets or exceeds the highest level of creative accomplishment. He/she contributes to growing (more...)
Company: PR/Marketing /Advertising, New York, NY
Location: New York
Posted on: 02/24/2019

Engineering Manager
Description: Let companies apply to you, not the other way around. br Sign up with Hired to
Company: Hired
Location: Allendale
Posted on: 02/24/2019


Director, Physician Contracting (Physician #)
Description: Title: Director, Physician Contracting Location: Long Island, NYIndustry: HealthcareOccupational Category: Healthcare Finance and OperationsHours: Full-timeDescription: Our client, an integrated health (more...)
Company: TAL Healthcare
Location: Brooklyn
Posted on: 02/24/2019

Housekeeping Manager
Description: OVERVIEW br br To ensure Housekeeping Department cleans and maintains guest rooms and public space in accordance with client/guest expectations and HEI Standards of Product and Service. br br (more...)
Company: The Westin New York Grand Cent
Location: New York
Posted on: 02/24/2019

Engineering Manager
Description: Let companies apply to you, not the other way around. Sign up with Employer to get access to thousands of companies currently hiring Engineering Managers. Are you an Engineering Manager You will be responsible (more...)
Company: Hired
Location: River Edge
Posted on: 02/24/2019

Restaurant Manager - Start at $50k+ / year - Paramus
Description: At Red Robin our Assistant Managers support and ensure that the restaurant operates within Red Robin International guidelines, while meeting/exceeding sales and profitability objectives established during (more...)
Company: Red Robin
Location: Paramus
Posted on: 02/24/2019

Engineering Manager
Description: Let companies apply to you, not the other way around. br Sign up with Hired to
Company: Hired
Location: Saddle Brook
Posted on: 02/24/2019

Director Clinical Information systems - Pharmacy Physician
Description: CTG is currently assisting our premier client with locating a strong resource that is a Pharmacy Physician who can serve as a Director of Clinical Information Systems in New York. If this position interests (more...)
Company: CTG
Location: New Hyde Park
Posted on: 02/24/2019

Senior Manager EPM Financial Systems
Description: Job Summary Avis Budget Group is looking for a talented and motivated Manager or Senior Manager to join our EPM Financial Systems team This is an exciting opportunity to build your skills in cloud-based (more...)
Company: Avis Budget Group
Location: Parsippany
Posted on: 02/24/2019

Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

New York RSS job feeds