Associate - Investment Management Operations

Morgan Stanley•Boston, MA

14d•$80,000 - $115,000

About The Position

Performing activities related to subscriber on-boarding such as: Recording and tracking investor contributions, including data entry activities, and sharing the information with other internal stakeholders; Assisting with researching service provider inquiries on subscription documents and facilitating necessary outreach with sales team; Evaluating sufficiency of responses to subscription document inquiries and tracking open items; Preparing information for use in various calculations related to fund subscriptions including valuation, commissions, tax measurements; Preparing and facilitating various forms of subscriber and intermediary communications; Performing various reconciliations of closing data with various stakeholders throughout closing process; Facilitating closings with service providers and intermediaries (instruct commission payments, provide final closing data to intermediaries, etc); Performing post-closing activities including data reviews, escrow account administration and communications. Performing functions related to post-investment shareholder activity, including redemption processing, review of Systematic Redemption Plan activity, and other transactions; Overseeing the transfer agent, fund accountant, and other service providers by performing monitoring, reconciliation and other oversight procedures; Ensuring that all departmental policies, procedures and controls are consistently applied; Assist with the investor portal including: Performing tasks pertaining to document management (uploading, reviewing, reconciliation, etc.) Performing tasks pertaining to access management Responding to internal and external inquiries Providing support to internal departments (such as the Wealth Strategies team and Equity team) on a broad range of matters including operational matters, on-boarding of sub-agents, shareholder and placement agent inquiries, etc.; 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 $115,000 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.

Requirements

Bachelor's degree in accounting, finance or business
At least 4 years' relevant experience would generally be expected to find the skills required for this role
Strong organizational and project management skills, strong attention to detail, and strong oral and written communication skills
Eagerness to work in a fast-paced environment and ability to learn complex investment products and related processes
Ability to work independently and as part of a team with a willingness to assist others with initiatives that go beyond typical daily responsibilities
Willingness to assist others with various duties that go beyond typical daily responsibilities

Nice To Haves

Prior experience in an operations role a plus
Proficiency with Excel (including building and/or utilizing macros) is a plus
Prior experience with database/CRM systems is a plus

Responsibilities

Recording and tracking investor contributions, including data entry activities, and sharing the information with other internal stakeholders
Assisting with researching service provider inquiries on subscription documents and facilitating necessary outreach with sales team
Evaluating sufficiency of responses to subscription document inquiries and tracking open items
Preparing information for use in various calculations related to fund subscriptions including valuation, commissions, tax measurements
Preparing and facilitating various forms of subscriber and intermediary communications
Performing various reconciliations of closing data with various stakeholders throughout closing process
Facilitating closings with service providers and intermediaries (instruct commission payments, provide final closing data to intermediaries, etc)
Performing post-closing activities including data reviews, escrow account administration and communications
Performing functions related to post-investment shareholder activity, including redemption processing, review of Systematic Redemption Plan activity, and other transactions
Overseeing the transfer agent, fund accountant, and other service providers by performing monitoring, reconciliation and other oversight procedures
Ensuring that all departmental policies, procedures and controls are consistently applied
Performing tasks pertaining to document management (uploading, reviewing, reconciliation, etc.)
Performing tasks pertaining to access management
Responding to internal and external inquiries
Providing support to internal departments (such as the Wealth Strategies team and Equity team) on a broad range of matters including operational matters, on-boarding of sub-agents, shareholder and placement agent inquiries, etc.