2019 Fund Services - Investor Services 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: Provides administrator services to 140 Advisors with approximately 618 funds and the Total Assets under Management as of the same date is approximately $ 240 billion
• Daily portfolio indicative net asset value (“NAV”) production & computing and releasing Month end NAV’s
• Processing and accounting of fund security and financial transactions
• Daily reconciliation of fund cash and investments with banks/custodians/counterparties/ prime brokers
• Investor/shareholder accounting and reporting.Providing day-to-day investor services to both the Fund Manager and investors in the fund.
• The distribution of Offering Memorandum to potential investors.
• Monitor the receipt and review of completed subscription documentation. This includes:
• Completion of initial AML review.
•Initial review of subscription documentation for completeness.
• Email communication to investors seeking additional information where required and responding to investors in response to routine queries.
• Ensure that all investor activity is processed in a timely and accurate manner.
•Open new investor accounts ensuring compliance and process investor transactions in line with the fund documentation, anti-money laundering requirements, statutory regulations and company policies and procedures.
• Handle routine email, fax and follow up queries from investors and fund managers in a professional and prompt manner, escalating where appropriate.
• Provide investors and their nominees with statements, contract notes and other documentation.
•Ensuring that the records of the fund are maintained in a complete and organised manner.
• Keep the management apprised of operational issues.
All of the above should be carried out in compliance with the Service Level Agreements agreed with each client. 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
• Daily portfolio indicative net asset value (“NAV”) production & computing and releasing Month end NAV’s
• Processing and accounting of fund security and financial transactions
• Daily reconciliation of fund cash and investments with banks/custodians/counterparties/ prime brokers
• Investor/shareholder accounting and reporting.Providing day-to-day investor services to both the Fund Manager and investors in the fund.
• The distribution of Offering Memorandum to potential investors.
• Monitor the receipt and review of completed subscription documentation. This includes:
• Completion of initial AML review.
•Initial review of subscription documentation for completeness.
• Email communication to investors seeking additional information where required and responding to investors in response to routine queries.
• Ensure that all investor activity is processed in a timely and accurate manner.
•Open new investor accounts ensuring compliance and process investor transactions in line with the fund documentation, anti-money laundering requirements, statutory regulations and company policies and procedures.
• Handle routine email, fax and follow up queries from investors and fund managers in a professional and prompt manner, escalating where appropriate.
• Provide investors and their nominees with statements, contract notes and other documentation.
•Ensuring that the records of the fund are maintained in a complete and organised manner.
• Keep the management apprised of operational issues.
All of the above should be carried out in compliance with the Service Level Agreements agreed with each client. 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.