Operations Specialist - Investment Management Operations
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 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.
Morgan Stanley Investment Management (IM) is the asset management division of Morgan Stanley engaged in providing global asset management products and services in equity, fixed-income, liquidity, real estate and alternative investments to institutional investors globally. As of December 31, 2021, the firm and its investment advisory affiliates had assets of approximately $781 billion under management or supervision.
IM Operations group supports the equity, fixed income, liquidity and alternative businesses for Morgan Stanley Investment Management (MSIM), providing middle-office services including portfolio manager support, client services, portfolio transitions, market registration, product data and performance analysis. IM Operations also provides mutual fund support, derivative processing, and counterparty and credit event management.
Background on the Team
As part of the IM Operations group, this role is within the portfolio & client services team based in Singapore. The team plays an integral role in servicing clients, portfolio managers, trading, sales and marketing teams as well as co-ordinating with other support functions (eg. legal and compliance, product development, risk management, etc) in delivery of complete suite of operational support and strategy to business in Asia ex India and Japan. The team provides coverage for a global client base investing in Asian Products as well as distribution of global investment products to clients in Asian region.
Morgan Stanley Investment management has outsourced certain investment operations functions to State Street Bank and Trust Company globally. Hence, the team works in partnership with the outsourced Investment Manager Solutions (IMS) team at State Street to ensure seamless delivery of operations support and solutions.
Morgan Stanley Investment Management's product range is continually evolving into new product and strategy areas, demanding ever changing infrastructure and solutions. The individual will be required to make strategic contributions to these discussions ensuring that the appropriate support models are in place. This position would require the individual to work closely with functional teams in other regions and involve in liaison & interaction with global stakeholders.
Serve as single point of contact, providing proactive and effective operational support for internal stakeholders such as business and infrastructure teams with external service providers (eg. State Street IMS, RBC TA, custodian, etc)
Accountable for review and resolution of all operational issues for the assigned portfolio (eg. Separately Managed account, MS Funds)
Oversight of Portfolio Manager and Client reporting deliverables
Perform cash management functions, review of various reports (eg. Reconciliations, overdraft, cash projections)
Facilitate timely and accurate implementation of client instructions, including items such as cash flows, performance queries, reporting etc.
Liaison with vendors to ensure timely resolution of operational issues such as trade processing/settlement, corporate actions, reconciliation breaks, etc
Responsible for the oversight and governance of external vendors
Manage and coordinate T3 events (ie. Take on, Termination, Transition) activity across all internal functional teams (e.g. investment team, sales, trading, infrastructure) and external parties
Support day-to-day inquiries and requests for institutional, sub-advised and intermediary clients
Provide client service support for the intermediary client based in Asia who invest in Msinvf and Liquidity Fund
Perform fund administration governance and middle-office support for the MS onshore fund in China
Involve in firmwide or regional projects and system testing as required
Perform related duties as assigned