GIMA Operational Due Diligence, Investment Solutions, Associate, Wealth Management

About Us:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking securities investment management and wealth management services. The Firms employees serve clients worldwide including corporations governments and individuals from more than 1200 offices in 43 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.

Overview:

Global Investment Manager Analysis (GIMA) a unit within Investment Solutions (IS) provides comprehensive investment manager due diligence on a wide range of investment strategies including separately managed accounts mutual funds exchange-traded funds and private vehicles in the equity fixed income and alternative investments spaces. The GIMA team engages with a broad array of 3rd party investment managers to identify high quality strategies for portfolios.
The operational due diligence director will 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 private credit infrastructure real estate etc. Over time the director will gain skills to take on new manager/fund reviews.

Key Responsibilities include:

• Operational assessments will consist of either a review of due diligence questionnaires (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: Organizational Structure & Staffing Fund Structure Internal Operations & Controls Valuation Service Providers & External Oversight Legal & Compliance Information Technology & BCP.
• Assess operational infrastructure identify key risks and document findings in a written report.
• Assist members of the Operational Due Diligence team in saving down manager/fund materials (DDQs PPMs LPAs financials operational docs etc.) to shared drive and document retention system.

Ongoing Activities Include:

• Interact with internal teams as appropriate including Investment Due Diligence Product Management Legal Operations Risk Investor Relations and Sales.
• 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 a candidate that has operational due diligence experience or robust tangential experience working in operations accounting or administration in the alternatives space.
• Candidate should have the desire to expand their skillset of operational due diligence within an experienced team of operational due diligence professionals.
• Knowledge of the alternatives space (hedge fund private equity private real estate and/or alternative mutual funds etc.).
• 3-5 years of total work experience including 2 years of operational due diligence experience and some supervisory experience is welcome.
• Undergraduate degree required; advanced degree not required but viewed favourably.
• CFA (Level 1 or higher) and/or CAIA not required but viewed favourably.

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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.

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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.