IM Operations- Portfolio Recordkeeping Associate at Morgan Stanley

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

24 Feb, 26

Salary

156000.0

Posted On

26 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Accounting, Recordkeeping, Risk Management, Quality Control, Data Integrity, Valuation Data, Trade Settlement, Cash Reconciliation, Performance Reporting, Microsoft Office, Automation Mindset, Detail Oriented, Judgment, Team Collaboration, Asset Management, Middle Office Operations

Industry

Financial Services

Description

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 Publish the official Aladdin Portfolio Asset Value on a monthly, in accordance with client and reporting SLAs, including performing all Quality Control (QC) checks to finalize and close the books. Execute daily portfolio accounting and recordkeeping processes, ensuring all transactions (trades, income, accruals, corporate actions) and positions are processed timely, completely, and accurately. Data integrity and validation ensuring complete, accurate, and timely start of day positions to support investment process, including start of day cash and projected cash to support investment teams. Identify, research, and resolve exceptions to the accounting books of record (start of day, end of day, and period close) within established SLAs. Provide subject matter support for Aladdin Accounting transaction, position, and valuation data. 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 BS/BA degree required. A minimum of 3 years of related experience, preferably in asset management with experience working in portfolio or fund accounting. Experience across a broad spectrum of portfolio types: Separately Managed, Sub-advised, Funds (e.g. Mutual Fund, OIEC, etc..). Exposure to middle office operations including but not limited to trade settlement, IBOR/ABOR, transaction lifecycle events across spectrum of asset class (equity, fixed, derivatives), cash and position reconciliation, performance reporting. Experience with accounting systems; preferably Aladdin a plus Experience with Microsoft Office products (outlook, excel, word, and PowerPoint) Automation first mindset. Ideal candidate brings good judgment, detail oriented, the ability to prioritize multiple tasks, within team environment 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. 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. Expected base pay rates for the role will be between $80,000 and $156,000 per year at the commencement of employment. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Responsibilities

Execute complex processes and assist a Team Manager in coordinating processes, risks, and projects. Ensure timely and accurate portfolio accounting and recordkeeping processes, including quality control checks and data validation.