2027 Fund Services Summer Analyst Programme Accounting (Glasgow)

Morgan Stanley - Fund Services Division (Glasgow)

Since 1935 Morgan Stanley is known as a global leader in financial services continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. Throughout the firms history diverse and talented individuals have worked together to develop our new ideas and ground-breaking financial products for the benefit of clients.

Using the Firms proprietary technology platform Morgan Stanley Fund Services (MSFS) provides a full range of fund administration services including daily accounting and financial reporting; transfer agency and investor services; middle- and back-office support; and integrated portfolio analytics. MSFS is supported by more than 1400 professionals based in New York London Dublin Mumbai Bangalore Glasgow and Hong Kong.

In Fund Services we have opportunities in the Fund Services Centralized Accounting Team and Financial Reporting Team;
The Fund Accountant will be responsible for the end-to-end process with respect to their clients accounting and reporting requirements. Accounting includes overseeing the full P&L and Balance Sheet and daily Net Asset Value reporting and the reporting includes working with financial reporting team to prepare interim and annual financial statements for Hedge Fund clients and their addition to this the successful applicant will develop knowledge of Alternative Investment Funds including knowledge of the products strategies hedge fund accounting fee structures (e.g. incentive and management fees) and investor level accounting.

The Summer Analyst Programme:
The Programme is a paid full time summer internship that provides interns with a thorough overview of our industry and the challenges and opportunities one can expect from a Morgan Stanley career in addition to serving as a pipeline into our Full Time Fund Services Analyst Programme.

Training begins with a Firmwide induction along with peers from other divisions of the Firm. This is followed by a series of sessions delivered by Talent addition to the initial training Summer Analysts will also receive considerable on-the-job training a series of Lunch & Learns networking events and work-shadowing opportunities.

As a Summer Analyst responsibilities may include:
Computation of monthly Net Asset Value (NAV) for hedge funds.
Daily processing and accounting of all fund security and financial transactions.
Daily reconciliation of funds assets with custodians prime brokers and counterparties.
Preparation of draft year-end Financial Statements.
Investor/Shareholder accounting and reporting including multiple series and side-pocket accounting.
Daily trade matching services and treasury management services (cash margins) for hedge funds.
Providing hedge fund clients with analysis surrounding portfolio returns performance attribution exposure/position reporting and quantitative risk models.

Qualifications/Skills/Requirements:
You are an undergraduate student with outstanding academic achievements and are on track for a 2.1 honours degree or equivalent.
You have strong analytical and problem-solving skills.
You are a team player and excellent communicator.
You are able to multi-task and pay close attention to detail.
You are client-service oriented.

We recruit on an on-going basis so early application is encouraged.

What you can expect from Morgan Stanley

At Morgan Stanley we raise manage and allocate capital for our clients helping them reach their goals. We do it in a way thats differentiated and weve done that for 90 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. To learn more about our offices across the globe please copy and paste into your browser.