Fund Services

Full Time Analyst and Associate

Placement and duration

Morgan Stanley Fund Services is a leading global hedge fund administrator. MSFS provides its products and services to a large and diversified group of clients, including hedge funds and asset management firms. The Full-time Associate Program takes place in Mumbai/Bangalore and typically begins in May/June. Associates are hired for specific teams based on their interests, feedback from the interview process and the current business needs. Associates are immediately placed onto a desk to start building area specialization.

Training program

Full-time Associates participate in Firmwide orientation and training program,division-specific sessions, including business overviews and technical training, as well as courses on product and industry knowledge, professional skills and personal effectiveness. The Program also includes Corporate & Social Responsibility activities.

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Responsibilities

  • Validating the NAV and the Profit & Loss of the hedge fund clients on a daily basis.
  • Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books of the client.
  • Reviewing pricing of the portfolio and analyzing the pricing exceptions if any.
  • Review MSPA to custodian/client reconciliations. Identify and determine cause. Notify Account Manager of breaks. If break is due to an erroneous or missing transaction in MSPA then make necessary adjustments.
  • Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.
  • Process non-automated transactions including OTC derivatives and their related cash movements.
  • Sending Daily Report to the client, which contains details of Fund’s Performance & issues where client guidance is required, to enable us record correctly in the books of accounts (E.g. mismatches of trades, wire details, pricing issues etc.).
  • Interaction with the Client facing Account Manager in regards to the clients daily report and resolving open issues if any.
  • Checking that all OTC products traded by the client have been booked correctly (Interest rate swaps, Credit default swaps, Currency options, Commodity futures etc).
  • Booking of Capital Activities of the fund.
  • Finalizing the month end NAV of the client and providing Investor Level Allocations at month-end.
  • Providing audit support and assistance to funds in the preparation on financial statements.
  • Coordinating with various teams like Centralized Exception Reporting Team (CERT), Risk-Analytics team, Investor Services team, Tax Team etc.

Qualifications/ Skills/ Requirements

  • Professional degree with concentration in accounting.
  • Interest in the global financial markets.
  • Strong attention to detail.
  • Accuracy and efficiency in tasks performed.
  • Initiative and ability to be proactive.
  • Ability to multi-task.
  • Strong communication and interpersonal skills.
  • Ability to work effectively in a team.
  • You are client-service oriented.