Fund Services Job Descriptions: General Track
Morgan Stanley Fund Services (MSFS) is a leading fund administration business with ~$500 billion assets under administration and 1,000+ professionals across New York, London, Dublin, Glasgow, Mumbai, Bangalore and Hong Kong. MSFS services a global institutional client base, providing hedge funds, multi-asset class investors, family offices and private equity firms with innovative product solutions. Primarily, MSFS provides accounting, investor servicing, reporting, tax, middle and back-office support, and portfolio analytics. MSFS employees work closely with the Chief Operating Officers, Chief Financial Officers, Portfolio Managers and investors of our clients.
The MSFS Summer Analyst Program is a 10-week program that begins with one week of classroom training, followed by four rotations across the business. Summer Analysts will be placed with our Investor Services, Middle Office, Product Development and the Anti-Money Laundering team and spend time in both the New York and Purchase offices.
All Summer Analysts will receive on-the-job training and exposure to a wide variety of roles, products and services throughout MSFS, working alongside experienced professionals in a fast-paced, client-facing, and market-driven environment. Summer Analysts will have the opportunity to broaden and strengthen their respective skillsets, collaborating with individuals across MSFS on meaningful projects and initiatives. In addition, the Program features a Senior Management Speaker Series, teach-ins, cross-divisional networking events, community service events, performance reviews, and a robust mentorship program.
The program begins with a one-day orientation where Summer Analysts are introduced to the Firm and primary businesses, as well as to one another at our opening Firmwide networking event. For the remainder of training, Summer Analysts will attend divisional-specific events designed to help develop the core skills required for a successful summer.
Investor Services (IS): IS works closely with the Investor Relations, Chief Financial Officers, Chief Operating Officers, Compliance teams and investors of our clients. Further, IS supports our clients with investor capital activity (e.g., subscriptions, redemptions, transfers and assignments) and cash movements to and from the client. The IS team is responsible for supporting the fund manager/investor relationship and core responsibilities include onboarding investors, processing investor documents and managing investor communications.
Middle Office (MO): The MO team works closely with the Chief Operating Officers, Directors of Operations, and Treasury Managers of our clients to facilitate their Trades Management and/or Cash & Collateral Management needs, including trade processing, positions and cash reconciliations and corporate actions; as well as manage collateral and monitor cash flows.
Product Development: Our Product Development team works across MSFS functions to set technology priorities that enhance MSFS’ products and platforms for our clients. The team works with our clients and colleagues to better understand technology needs and translate those needs to technology requirements that will be used to design new and enhanced products.
Anti-Money Laundering (AML): The AML team is responsible for helping our clients identify and manage potential AML risks. The team works closely with the General Counsel, Compliance, and Investor Relations representatives at our clients. Day-to-day responsibilities include the management of AML documentation, serving as a point of contact for fund managers and their investors.
Qualifications / Skills / Requirements:
· Current undergraduate student with a graduation date of December 2022 or Spring 2023
· Strong analytical interpersonal, verbal and written communication skills
· Collaborative, quick learner, adaptable, enjoy solving problems, possess a strong work ethic and ability to multi-task
· A keen interest in finance and markets