Investment Management Finance - Private Funds Associate - Morgan Stanley
New York, NY
About the Job
Job Number:
3260647Posting Date
: Oct 21, 2024Primary Location
: Americas-United States of America-New York-New YorkJob
: FinanceDescription
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.
Department Profile:
The Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records, and by contributing to firm wide risk management and risk reduction. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.
Responsibilities
- Produce and review quarterly revenue and balance sheet forecasts including assumptions collection, input review, and model output review for all revenue components, assets and revenue-related expenses with the Private Real Assets, Private Equity and Credit businesses.
- Calculation and delivery of estimates for Firm equity and carried interest to Firm's General Ledger, including variance analysis and management reporting.
- Produce and review calculations and reporting that support certain quarterly external disclosures within the Firm 10K/Q.
- Calculate and analyze investment sensitivity, design and produce reporting for key stakeholders, and other ad hoc requests from Senior management.
- Weekly monitoring and forecasting of current quarter projected investment-related revenue, including public price / FX / private valuation estimates.
- Generate and review quarterly look-through exposure and stress loss calculations for Firm Risk.
- Support new product launches by developing an initial Firm forecast for the IM New Product Committee.
- Work on the group's key Investments Platform enhancement project along with the BU and IM Technology team.
- Collaborate with cross-functional teams to continuously improve financial processes and systems to enhance efficiency and accuracy.
- Act as key liaison between FP&A, Business units, Firm Risk, and Corporate Accounting team.
- Participate in ad-hoc projects and initiatives as needed.
Qualifications
Required Skills
Bachelor's degree in Finance, Accounting, or a related field.
Familiarity with Private Equity / Real Estate Fund structures, operations, and distribution waterfall
- Proficiency in Microsoft Office applications (Excel, Powerpoint, PowerBI) and financial software applications, such as TM1
- Knowledge of accounting principles and financial statement analysis.
- Experience with data management and / or project management
- Possesses strong control mindset, problem-solving and critical thinking skills
- Attention to detail and accuracy within stated deadlines
- Demonstrated time management and prioritization skills
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively in a fast-paced environment.
What you can expect from Morgan Stanley:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Expected base pay rates for the role will be between $70,000 and $105,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs
