Institutional Reporting Specialist

Morgan Stanley•Tempe, NY

2d•$57,000 - $115,000

About The Position

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Morgan Stanley Wealth Management (MSWM) has over $2 trillion under management and is one of the world’s largest networks of Financial Advisors. Institutional Infrastructure Solutions (IIS), a business unit within Corporate & Institutional Solutions, is an integrated client service solution for institutional and family office clients. IIS supports clients in partnership with Financial Advisors, Morgan Stanley Family Office (“MSFO”), Outsourced Chief Investment Office (“OCIO”), Morgan Stanley Fund Services, Graystone Consulting and Wealth Management Operations. IIS is responsible for all client service execution processes including Client Onboarding & Maintenance, Investment Execution, Asset Aggregation, Accounting, Reporting & Analytics and Billing. IIS is looking for an entrepreneurial, ambitious and intellectually curious professional to join the Institutional Reporting Team. The candidate plays a vital role maintaining accurate data in performance reporting systems, adhering to all policies and procedures, and contributing to operational process improvements. The candidate will collaborate and partner closely with client coverage teams, investment officers, and financial advisors to deliver timely and accurate performance reports.

Requirements

Proficiency in Microsoft Office including Excel, PowerPoint and Access
Experience and knowledge of wealth management platforms and vehicles, including managed accounts, mutual funds, ETFs, separate accounts, and alternative investments
Detailed understanding of performance calculations, including measurement and attribution
Detailed understanding of alternative investments and their corresponding transactions, including private equity, hedge funds, and direct investments
Must be detail-oriented, with an ability to multi-task and manage competing priorities
Strong strategic thinking and problem-solving skills with the ability to clearly define a problem, synthesize data to derive fact-based insights, and provide insightful and actionable recommendations
Strong organizational and project management skills
Ability to work independently and effectively on a team, with demonstrated leadership abilities
Technical background with strong analytical and quantitative skills
Exemplary verbal and written communication skills
3+ years portfolio accounting or investment reporting experience serving institutional and ultra-high net worth clients
Firm understanding of portfolio management concepts including modern portfolio theory, asset allocation, portfolio construction, manager selection, risk management and performance attribution
Experience working with complex datasets and relational databases
Undergraduate degree in accounting, finance, economics, data, or related field

Nice To Haves

Experience with Addepar, Investment Metrics, or other investment reporting platforms a plus
Experience with Dataiku a plus, but not required
Technical background with strong analytical and quantitative skills; proficient in SQL, Python or Excel VBA a plus
FINRA Series 7 and 66 is a plus, though not required
Industry designations including CIPM, CFA or significant progress preferred, but not required

Responsibilities

Compile and generate monthly and quarterly performance reports, reconcile performance discrepancies, and ensure accuracy of data through self-audit
Manually capture and reconcile alternative investment transactions and valuations into designated systems and spreadsheets
Responsible for collecting, processing, managing, and analyzing large amount of data and creating programs to automate processes
Process, review and resolve any exception items to ensure accurate reporting of client investments
Review investment activity, performance, and cash flows daily to ensure data quality across accounts, entities, and clients
Plan, organize and prioritize assignments to consistently meet high standards of reporting timeliness and accuracy
Develop as a subject matter expert and support cross-functional teams by being accessible, responsive, and delivering timely feedback
Understand and effectively utilize the group’s systems, infrastructure, platforms and business processes
Increase the effectiveness of the Reporting Team by identifying gaps and recommending/providing training and development opportunities for other Team members
Regularly seek opportunities to use firm resources for peer sharing and collaborating across the team
Actively engage in available training and education programs to maintain current status on policies, procedures and risk awareness
Interface and maintain strong relationships with internal and external stakeholders including research, trading, operations, product specialists, third party vendors and custodians