CERT - Centralized - Associates/Senior Associates

Job Description

Job Function: Centralized Exception Reporting Team (CERT)

Department: Morgan Stanley Fund Services

Designation: Associate/Senior Associate

Reports to: Manager

Experience: Associate (1 to 3 years)

Senior Associate (3 to 6 years)

Position Description: Associate/Sr. Associate will perform a variety of processes that have been centralized to generate scale and efficiency. They support the internal FSCAT/CERT roles.

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

Morgan Stanley Fund Services (MSFS), a wholly owned subsidiary of Morgan Stanley, provides fund administration services to World’s leading hedge funds. MSFS has over 700 professional with offices in New York, London, Hong Kong, Dublin, Mumbai, Bangalore and Glasgow.

Primary Responsibilities: -

• Setting/ approval up of beneficiary details or wire instructions of various parties like vendors or investors of hedge fund clients
• Initiation of wire payments to vendors on behalf of hedge fund clients
• Approval of redemption wire payments to investors of hedge fund clients
• Liasoning with custodians and counterparties to set up standard set of reporting that is required for reconciliation, validation of month end accruals/checks and regulatory reporting. Working with these parties to receive good data files to assist in automation effort of reconciliation and posting of accruals systematically. Working with these parties to discontinue reporting in case of termination/liquidation of hedge fund client. Providing updates to internal teams if there are delays in custodian reporting
• feeds received from NASDAQ, NYSE, Bloomberg, etc. and highlight issues in cases of discrepancy.

Skills required:

An Associate is likely to have the following characteristics:

• A few years prior work experience – preferably in financial services. Knowledge of hedge fund processing, construct of a wire and cash wire processing to NY banks 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.

For further information, and to apply, please visit our website via the “Apply” button below.