2019 Fund Services - CERT Summer Associate Program (Mumbai / Bangalore)
Mumbai
Master's Degree
Fund Services
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 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. Roles & Responsibility: •Daily & Month-end pricing checks – To provide client with correct valuations for its investment
portfolio across various financial products like equities, options, swaps, CDS etc. To verify and
compare valuations against various feeds received from NASDAQ, NYSE, Bloomberg etc. and
highlight issues in cases of discrepancy.
•Daily & Month-end cash and positions reconciliations - As a fund administrator, we have to
reconcile all positions & cash balances across various financial products in the client’s portfolio
with the counterparty statements and report exceptions. While doing the reconciliation we have
to keep in mind the products specific features.
•Review of Audit Confirmations – Performing review of standard MSFS confirmation which is
released to investors’ auditor providing the Investors’ holding for the audit period. •To ensure portfolio has been valued as per the client’s offering memorandum and highlight
exceptions in case of discrepancy.
•To ensure that all exceptions in the process of pricing checks, reconciliations and audit confirm are highlighted or escalated, if required, to the appropriate level.
•Update and coordinate with the Accounting team about the status of pricing and reconciliation on
real time basis
•All daily deliverables to be achieved by the defined deadline and escalate in case of delay. Skills Required: •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
portfolio across various financial products like equities, options, swaps, CDS etc. To verify and
compare valuations against various feeds received from NASDAQ, NYSE, Bloomberg etc. and
highlight issues in cases of discrepancy.
•Daily & Month-end cash and positions reconciliations - As a fund administrator, we have to
reconcile all positions & cash balances across various financial products in the client’s portfolio
with the counterparty statements and report exceptions. While doing the reconciliation we have
to keep in mind the products specific features.
•Review of Audit Confirmations – Performing review of standard MSFS confirmation which is
released to investors’ auditor providing the Investors’ holding for the audit period. •To ensure portfolio has been valued as per the client’s offering memorandum and highlight
exceptions in case of discrepancy.
•To ensure that all exceptions in the process of pricing checks, reconciliations and audit confirm are highlighted or escalated, if required, to the appropriate level.
•Update and coordinate with the Accounting team about the status of pricing and reconciliation on
real time basis
•All daily deliverables to be achieved by the defined deadline and escalate in case of delay. Skills Required: •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
Summer Associate
Summer Associate
This Program is closed to applications.