European Fund Administration – Director
Dublin
3256088
Exciting opportunity for an Advanced Specialist position within the Operations Division, supporting the Morgan Stanley Investment Management (MSIM) business. The role will be based in Dublin, and part of a broader EMEA Fund Administration team that is expanding to support the growth plans of MSIM’s Management Company business in Ireland (MSIM FMIL). The EMEA Fund Administration teams are based in London, Dublin and Mumbai and are responsible for oversight of third-party fund service providers.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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. We 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.
What will you be doing?
- Support of the MSIM Vendor Management program for outsourced Fund vendors (including KPI, SLA, Legal contract Fee Schedule reviews/negotiation, periodic on-site visits to assess service provider performance and adequacy of controls).
- Support the oversight of delegated activities to internal affiliated entities and compliance with Global Outsourcing Control program, including KPI monitoring, maintenance SLAs and annual due diligence
- Participation in regular Service Review Meetings of outsourced Fund service providers such as the Fund Administrator and Trustee / Depositary.
- Oversight of the production, review and approval of periodic Fund Financial/Regulatory reports (annual and semi-annual accounts, AIFMD Annex IV).
- Oversight of Fund annual audit and audit findings.
- Fund Expense Management Process (reviewing/approving fund expense invoices and oversight of Fund Expense Budgets/Accruals).
- Review of Incident Management (requires experience with managing NAV Errors / fund operational issues risk management reporting).
- Fund Governance - Support preparation of Board materials for the quarterly Board of Directors meetings.
- Participation and execution of various Fund Change events (e.g. Fund/Share Class launches, mergers, closures, prospectus reviews, Foreign tax, new strategies, regulation change etc.).
Relationship query management with internal external stakeholders (including Fund Administrators, Fund Depositaries Fund Auditors).#LI-KC1
European Fund Administration – Director
Dublin
3256088
Exciting opportunity for an Advanced Specialist position within the Operations Division, supporting the Morgan Stanley Investment Management (MSIM) business. The role will be based in Dublin, and part of a broader EMEA Fund Administration team that is expanding to support the growth plans of MSIM’s Management Company business in Ireland (MSIM FMIL). The EMEA Fund Administration teams are based in London, Dublin and Mumbai and are responsible for oversight of third-party fund service providers.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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. We 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.
What will you be doing?
- Support of the MSIM Vendor Management program for outsourced Fund vendors (including KPI, SLA, Legal contract Fee Schedule reviews/negotiation, periodic on-site visits to assess service provider performance and adequacy of controls).
- Support the oversight of delegated activities to internal affiliated entities and compliance with Global Outsourcing Control program, including KPI monitoring, maintenance SLAs and annual due diligence
- Participation in regular Service Review Meetings of outsourced Fund service providers such as the Fund Administrator and Trustee / Depositary.
- Oversight of the production, review and approval of periodic Fund Financial/Regulatory reports (annual and semi-annual accounts, AIFMD Annex IV).
- Oversight of Fund annual audit and audit findings.
- Fund Expense Management Process (reviewing/approving fund expense invoices and oversight of Fund Expense Budgets/Accruals).
- Review of Incident Management (requires experience with managing NAV Errors / fund operational issues risk management reporting).
- Fund Governance - Support preparation of Board materials for the quarterly Board of Directors meetings.
- Participation and execution of various Fund Change events (e.g. Fund/Share Class launches, mergers, closures, prospectus reviews, Foreign tax, new strategies, regulation change etc.).
Relationship query management with internal external stakeholders (including Fund Administrators, Fund Depositaries Fund Auditors).#LI-KC1
What we’re looking for:
- Candidates for consideration must demonstrate a detailed and thorough understanding of fund administration for European fund structures domiciled in Luxembourg and Ireland (including Fund Accounting, Custody, Depositary, Transfer Agent, ETF services).
- Experience with Alternative Funds and Private Markets (Hedge Funds / Limited Partnerships etc.), carried interest/performance fee calculations and share capital management is an advantage.
- General funds business knowledge for e.g. Product Development, Legal and Compliance is also required.
- Understanding and in-depth knowledge in relation OTC Derivatives or other complex instruments from a Fund Operations perspective (for e.g. Options, Credits, SWAPS, futures, Private Equity/Credit etc.).
- The individual should have strong supervisory experience of overseeing people, processes and vendors with an eye for identifying / managing risk.
Skills that will help you in the role:
- Strong communication (both verbal and written) and effective stakeholder management skills. Stakeholders include Legal, Compliance, Financial Controllers, Transfer Agent Management, Investment Management Operations, Client Services, Product Development and Sales and Marketing.
- Excellent time management skills including an ability to maintain a high standard of accuracy while managing various client related and internal deadlines.
- A detail-oriented self-starter able to work independently or as part of a team focused on exceeding clients’ expectations.
- Proficiency in Microsoft Word and Excel and experienced in various accountancy platforms.
- Fluency in another European language will constitute a competitive advantage.
- Business, Finance or Accountancy Degree (or other relevant professional qualifications).
Where will you be working?
Modern, dynamic office in the heart of Dublin, excellent transport links and amenities on the doorstep. This role will be hybrid between office and home and sits within a friendly and well-established team.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
#LI-KC1
What we’re looking for:
- Candidates for consideration must demonstrate a detailed and thorough understanding of fund administration for European fund structures domiciled in Luxembourg and Ireland (including Fund Accounting, Custody, Depositary, Transfer Agent, ETF services).
- Experience with Alternative Funds and Private Markets (Hedge Funds / Limited Partnerships etc.), carried interest/performance fee calculations and share capital management is an advantage.
- General funds business knowledge for e.g. Product Development, Legal and Compliance is also required.
- Understanding and in-depth knowledge in relation OTC Derivatives or other complex instruments from a Fund Operations perspective (for e.g. Options, Credits, SWAPS, futures, Private Equity/Credit etc.).
- The individual should have strong supervisory experience of overseeing people, processes and vendors with an eye for identifying / managing risk.
Skills that will help you in the role:
- Strong communication (both verbal and written) and effective stakeholder management skills. Stakeholders include Legal, Compliance, Financial Controllers, Transfer Agent Management, Investment Management Operations, Client Services, Product Development and Sales and Marketing.
- Excellent time management skills including an ability to maintain a high standard of accuracy while managing various client related and internal deadlines.
- A detail-oriented self-starter able to work independently or as part of a team focused on exceeding clients’ expectations.
- Proficiency in Microsoft Word and Excel and experienced in various accountancy platforms.
- Fluency in another European language will constitute a competitive advantage.
- Business, Finance or Accountancy Degree (or other relevant professional qualifications).
Where will you be working?
Modern, dynamic office in the heart of Dublin, excellent transport links and amenities on the doorstep. This role will be hybrid between office and home and sits within a friendly and well-established team.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
#LI-KC1
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