Job Description

Morgan Stanley Fund Services (MSFS), a wholly owned subsidiary of Morgan Stanley, provides fund administration services to Worlds leading hedge funds. MSFS has offices in New York, London, Hong Kong, Dublin, Mumbai, Bangalore and Glasgow.
Overview of the functions performed by CERT : -

• Daily & Month-end pricing checks To provide client with correct valuations for its investment portfolio across various financial products like equities, options, swaps, CDS etc. To verify and compare valuations against various feeds received from NASDAQ, NYSE, Bloomberg etc. and highlight issues in cases of discrepancy.
• Daily & Month-end cash and positions reconciliations - As a fund administrator, we have to reconcile all positions & cash balances across various financial products in the clients portfolio with the counterparty statements and report exceptions. While performing the reconciliation we have to keep in mind the products specific features. Knowledge on corporate actions and accounting entries will be required in the reconciliation process.
• Review of Audit Confirmations Performing review of standard MSFS confirmation which is released to investors auditor providing the Investors holding for the audit period

Position Description :
Associate/Sr. Associate will validate prices of the securities in the clients (hedge fund) portfolio as well as perform various reconciliations to ensure the client NAV is correct. Along with this, he will also be responsible for reviewing other documents for e.g. Audit confirms etc
Principal Duties:

• To ensure portfolio has been valued as per the clients offering memorandum and highlight exceptions in case of discrepancy.
• To ensure that all exceptions in the CERT processes are highlighted or escalated, if required, to the appropriate level.
• Update and coordinate with the Accounting team about the status of pricing and reconciliation on real time basis
• All daily/monthly deliverables to be achieved by the defined deadline and escalate in case of delay

Skills required:

• An Associate/Senior Associate is likely to have the following characteristics.
• Bachelors degree
• Strong communication skills, both written and verbal
• A number of years prior work experience preferably in financial services. Knowledge of hedge fund processing is a strong advantage.
• Good administrative and organisational skills with a particular focus on accuracy and attention to detail.
• An ability to work under pressure and an ability to cope with increased workloads at month-end.
• An ability to work as part of a virtual team that is spread across different time zones and geographies.
• An ability to use key financial systems and other IT tools.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - arent 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, youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.