Private Equity Accounting Operations Associate

Alternative Investment Services Private Equity Portfolio Accounting Operations Associate

We're seeking someone to join our team as an Alternative Investment Services Private Equity Portfolio Accounting Operations Associate in IM operations to be responsible for operational and portfolio management support activities for a global private equity program across primary fund investing, co-investing, and secondaries in developed and emerging markets, as well as impact-oriented strategies, including social impact and climate solutions. This position will also involve developing and maintaining external relationships with business stakeholders and third-party service providers to ensure proper support for the vehicles.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Specialist position at Director level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on

What You'll Do In The Role :

• Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and / or projects, proposing and implementing improvements / changes
• Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues
• Actively monitoring critical investment and investor activity for multiple portfolios and custodian banks to ensure proper settlement of transactions
• Oversee and work effectively with third party service providers in posting activity to the general ledger as well as maintain portfolio activity in AIS's parallel portfolio accounting system, Investran
• Reconciling transactions, valuations, management fees, carried interest calculations, P&L components, and other activity on a monthly / quarterly basis to ensure accuracy
• Verifying accuracy of investor capital account balances and capital activity on a monthly / quarterly basis
• Understand and interpret underlying fund investment financial statements for the purpose of preparing and / or validating valuations and participating in internal fair valuation committee meetings
• Ability to work on complex structures that contain multiple vehicles such as leveraged corporate blockers and AIV's. Develop an understanding of these structures and ensure adequate controls are in place.
• Prepare various carried interest calculations for complex structures and also different waterfall types such as specific investment exclusion. Ability to understand carried interest based on terms as defined in Limited Partnership Agreements.
• Work alongside premier investment teams in support of portfolio management activities, including investment valuation, preparing capital calls and distributions, and other ad hoc requests
• Performing quarterly compliance reporting and highlighting instances in which there may be potential noncompliance with the products governing documents
• Signing-off on net asset value and performance based information on a monthly / quarterly basis

What You'll Bring To The Role :

What You Can Expect From Morgan Stanley :

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. 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. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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.

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).