Fund Services - Middle Office Associate

Fund Services - Middle Office AssociateJob Number:3259456POSTING DATE: Sep 20, 2024PRIMARY LOCATION: Americas-United States of America-New York-New YorkJOB: Fund ServicesEMPLOYMENT TYPE: Full TimeJOB LEVEL: AssociateDESCRIPTIONMorgan 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 747 offices in 42 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) This wholly owned subsidiary of Morgan Stanley administers over $600 billion of hedge fund assets. Using the firm’s proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including daily accounting and financial reporting; transfer agency and investor services; middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by more than 1,350 professionals based in New York, Westchester, London, Hong Kong, Dublin, Glasgow, Mumbai, and Bangalore.The Middle office group of Morgan Stanley Fund Services assists global hedge fund clients in ‘Trade Affirmation’ and ‘Treasury Management’ process on behalf of the clients.The group currently seeks a person who has the knowledge and skill in trade affirmation, treasury management process and experience in handling client/vendor communication. Candidate with knowledge of entire trade cycle and cash/collateral management will be added advantage.The team is also constantly engaged upon new projects, and the candidate in due course will participate in accordance to his/her demonstrated skills.QUALIFICATIONSPrimary Responsibilities:Trade break management and reporting for client executed tradesProcess management for client related collateral/margin and reporting queriesBuilding and maintaining excellent client relationships with the hedge fund clients as well as develop technical systems and product knowledge in order to provide first class client service.Liaise with global stakeholders including IT to develop a broker neutral client trade matching platformWork with existing and new clients setting up and on-boarding them onto both productsSkills Required:Bachelor’s degreeStrong communication skills, both written and verbalVaried product exposure – one or more of equity, swap, fixed income, listed and OTC productsStrong interpersonal skills with a demonstrated ability to work within a fast paced settingCritical thinker with track record of process improvementsExecute sound judgment in client responses and escalationSkills Desired:Prior experience in hedge fund and/or hedge fund administrator middle office operationTrade affirmation experience using DTCC, Omgeo (Oasys and CTM), and Traiana a plusPrime Brokerage Margin, Collateral Management, Settlements experienceCash and Collateral Management experience with ENSO, Hazeltree, VITEOS, or Integridata a plusExpected base pay rates for the role will be between $85,000 and $120,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet)