2024 Fund Services Accounting Summer Analyst Program (New York & Purchase)
Overview
Morgan Stanley Fund Services (MSFS) is a leading fund administration business with ~$600 billion assets under administration and 1,400+ professionals across New York, London, Dublin, Glasgow, Mumbai, Bangalore and Hong Kong. MSFS services a global institutional client base, providing hedge funds, multi-asset class investors, family offices and private equity firms with innovative product solutions. Primarily, MSFS provides accounting, investor servicing, reporting, tax, middle and back-office support, and portfolio analytics. MSFS employees work closely with the Chief Operating Officers, Chief Financial Officers, Portfolio Managers and investors of our clients.
Duration
The MSFS Summer Analyst Program is a 10-week program that begins with one week of classroom training, followed by dedicated training within the Accounting team.
All Summer Analysts will receive on-the-job training and exposure to a wide variety of roles, products and services throughout MSFS, working alongside experienced professionals in a fast-paced, client-facing, and market-driven environment. Summer Analysts will have the opportunity to broaden and strengthen their respective skillsets, collaborating with individuals across MSFS on meaningful projects and initiatives. In addition, the Program features a Senior Management Speaker Series, teach-ins, cross-divisional networking events, community service events, performance reviews, and a robust mentorship program.
Training Program
The program begins with a one-day orientation where Summer Analysts are introduced to the Firm and primary businesses, as well as to one another at our opening Firmwide networking event. For the remainder of training, Summer Analysts will attend divisional-specific events designed to help develop the core skills required for a successful summer.
Placement
Accounting – Client Service: Our accounting team works closely with Chief Financial Officers, Chief Operating Officers, Accounting and Operations professionals of our clients. The team leverages proprietary MSFS technology tools and accounting expertise to support our clients daily, weekly, monthly, quarterly and annual fund portfolio and investor accounting reporting cycles as part of maintaining accounting books and records.
Qualifications / Skills / Requirements:
Current undergraduate student with a graduation date of December 2024 or Spring 2025
Strong knowledge of Microsoft Excel
Basic understanding of common financial instruments (e.g., equity swaps, future and options, bonds, and foreign currency forwards) preferred
Strong analytical, interpersonal, verbal and written communication skills
Collaborative, quick learner, adaptable, enjoy solving problems, possess a strong work ethic and ability to multi-task
A keen interest in finance and markets
Accounting major preferred
Expected base pay rate(s) for the role will be $90,000 per year at the commencement of employment. However, base pay is only part of the total compensation package, which, depending on the position, may also include discretionary bonuses and other Morgan Stanley sponsored benefit programs.
This Program is closed to applications.