EMEA Fund Admin - Vice President

3262293

London

Exciting opportunity for an Advanced Specialist position within the Operations Division, supporting the Morgan Stanley Investment Management (MSIM) business. The role will be based in London, and part of a broader EMEA Fund Administration team that is supporting existing legacy EMEA Fund Businesses as well as the exciting growth plans of MSIM. The EMEA Fund Administration teams are based in London, Dublin and Mumbai and are responsible for oversight of third-party fund service providers.

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.

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:
- Support of the MSIM Vendor Management program for outsourced Fund vendors (including KPI, SLA, Legal contract & Fee Schedule reviews/negotiation, periodic on-site visits to assess service provider performance and adequacy of controls).
- Support the oversight of delegated activities to internal affiliated entities and compliance with Global Outsourcing Control program, including KPI monitoring, maintenance SLAs and annual due diligence
- Participation in regular Service Review Meetings of outsourced Fund service providers such as the Fund Administrator and Trustee / Depositary.
- Oversight of the production, review and approval of periodic Fund Financial/Regulatory reports (annual and semi-annual accounts, AIFMD Annex IV).
- Oversight of Fund annual audit and audit findings.
- Fund Expense Management Process (reviewing/approving fund expense invoices and oversight of Fund Expense Budgets/Accruals).
- Review of Incident Management (requires experience with managing NAV Errors / fund operational issues & risk management reporting).
- Fund Governance - Support preparation of Board materials for the quarterly Board of Directors meetings.
- Participation and execution of various Fund Change events (e.g. Fund/Share Class launches, mergers, closures, prospectus reviews, Foreign tax, new strategies, regulation change etc.).
- Relationship & query management with internal & external stakeholders (including Fund Administrators, Fund Depositaries, Fund Auditors and Currency Overlay Providers).
- Day to Day supervision & coaching of other team members, to ensure work coverage and people development.

What you’ll bring to the role:
- Candidates for consideration must have strong asset management experience, and demonstrate a detailed and thorough understanding of, fund accounting/administration for European fund structures domiciled in Luxembourg and Ireland (including Custody, Depositary, Transfer Agent, ETF services).
- The individual should have strong supervisory experience of managing people, processes, and vendors with an eye for identifying / managing risk.
- Experience with Exchange Traded Funds (ETFs), Alternative Funds and Private Markets (Hedge Funds / Limited Partnerships etc.), carried interest/performance fee calculations and share capital management is an advantage.
- General understanding of key fund business support functions is required for e.g. Product Development, Legal and Compliance.
- Understanding and in-depth knowledge in relation OTC Derivatives or other complex instruments from a Fund Operations perspective (for e.g. Options, Credits, SWAPS, futures, Private Equity/Credit etc.).

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 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: diversity

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.

Equal opportunities statement:

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.

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.