MSIM Surveillance Associate– Equity Associate

Full Time
New York, NY 10036
Posted
Job description
MSIM Surveillance Associate– Equity Associate

Job Number:

3234285

POSTING DATE: Apr 18, 2023
PRIMARY LOCATION: Americas-United States of America-New York-New York
OTHER LOCATIONS: Americas-United States of America-Massachusetts-Boston
EDUCATION LEVEL: Bachelor's Degree
JOB: Asset/Investment Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate

DESCRIPTION

Description
Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 3,200 investment professionals around the world and $1.3 trillion in assets under management or supervision as of September 30, 2022. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide.

Morgan Stanley Investment Management is seeking an Investment Compliance Associate to join its US Portfolio Surveillance and Compliance team within the Chief Operating Office located in Boston or New York. The successful candidate will provide coverage of the MSIM Equity businesses providing proactive servicing, problem solving, risk mitigation and project work, and daily surveillance tasks. The candidate will coordinate with colleagues in EMEA and Asia Pacific, develop relationships with key contacts within the various strategies and other middle office and back-office colleagues. The ideal candidate will have specific experience covering large US asset managers (an affiliate of a bank holding company is a plus), would be well-versed in US regulations governing investment advisors and companies.

Primary Responsibilities include:

    Service and partner with Portfolio Managers and Traders, seeking ways to strengthen the surveillance process and enhance the overall effectiveness of guideline compliance. Conduct regular service meetings and provide updates on progress.

    Identify process improvement and risk mitigation opportunities within the function locally and globally, and work with global portfolio surveillance, management, technology, and other functions to effect enhancements.

    Lead local and global projects focused on improving service levels and effectiveness of surveillance systems, processes, and procedures.

    Assist in enhancing and further developing the function’s KPIs, KRIs, and additional controls. Lead presentations regarding developments to key stakeholders.

    Review prospective and existing client investment management agreements in relation to firm requirements

    Perform daily surveillance of separately managed accounts, mutual funds, and products subject to ERISA, 40 Act and UCITS. Partner across the global team to support the global investment and trading process.

QUALIFICATIONS

Qualifications

    1 – 3 years relevant Investment Compliance, portfolio surveillance and/or client servicing experience

    Knowledge of Sentinel, Charles River or other similar compliance engines is required

    Strong leadership, interpersonal, influencing and relationship management/building skills

    Highly proactive, energetic, well organized, flexible, and focused on client service, highly motivated with the ability to multi-task and remain organized in a fast-paced environment and produce results

    High integrity, reliability, and collaborative outlook to support development, implementation, and enhancement of global policies and practices.

    Ability to summarize and present technical information to a non-technical business audience

    Team oriented with a strong sense of ownership and accountability

    Strong analytical and creative problem-solving skills; continuous process improvement and risk mitigation mindset is a must.

    Ability to think strategically and build on system capabilities

    Proficient understanding of the surveillance and compliance process including risk assessments and project management

    Fixed income and equity product / trading / market practices knowledge required

    Proficiency with the Investment Advisers Act and Investment Company Act knowledge; UCITS knowledge is a plus

    BS or BA education required.


Wage Transparency Statement
Expected base pay rates for the role will be between $95,000 and $130,000 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.

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. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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