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Analyst - GIMA Operational Due Diligence (Wealth Management)

Morgan Stanley

Morgan Stanley

IT, Accounting & Finance
Mumbai, Maharashtra, India · Mumbai, Maharashtra, India · India
Posted on Thursday, July 4, 2024

Company Profile:

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.

At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Key Responsibilities

  • Perform operational due diligence on alternative investment funds and managers as part of the ongoing monitoring process for existing relationships. Initial responsibility will be for liquid alternatives but responsibility is expected to grow to include fund-of-funds, hedge funds, private equity, real estate, etc. Overtime gain skillset to take on new manager/fund reviews.
  • Operational assessments will consist of either a review of DDQs/various manager documents for desk reviews or virtual meetings with senior professionals at the investment manager. Additionally, meetings/calls with key service providers such as administrators, valuation agents, auditors, etc. are conducted as necessary.
  • Areas of focus for the review process include: Organizational Structure & Staffing, Fund Structure, Internal Operations & Controls, Valuation, Service Providers & External Oversight, Legal & Compliance, Information Technology & BCP, etc.
  • Assess operational infrastructure and identify key risks, documenting findings in a written report.
  • Assist members of the OpDD team in saving down manager/fund materials (DDQs, PPMs, LPAs, financials, operational docs, etc.) to shared drive & Code Red.
  • Interact with internal teams as appropriate, including Investment Due Diligence, Product Management, Legal, Operations, Risk, Investor Relations, and Sales as needed.
  • Support a team atmosphere including idea sharing, learning, and back-up.
  • Remain abreast of industry trends, regulatory matters, and market events affecting funds, managers, clients, and the industry.
  • Perform project work or other responsibilities as directed by the Head of Operational Due Diligence, including collection of financial statements, financial statement reviews, media monitoring, and oversight of vendor relationships.

Skills required:

  • Looking for candidate that has the desire to learn operational due diligence or expand their basic skill set of operational due diligence within a growing team of experienced operational due diligence professionals.
  • Individuals with experience in audit and/or fund administration of alternative funds welcome.
  • Ideally would like someone with some exposure to the alternative space (hedge fund, private equity, real estate, and/or alternative mutual funds, etc.).
  • 1-3 years of total work experience including 0-2 years of operational due diligence experience.
  • Undergraduate degree required; advanced degree not required but viewed favorably.
  • CFA (Level 1 or higher) and/or CAIA not required but viewed favorably.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.