Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Morgan Stanley Wealth Management (MSWM) has over $2 trillion under management and is one of the world’s largest networks of Financial Advisors.
Institutional Infrastructure Solutions (IIS), a business unit within Corporate & Institutional Solutions, is an integrated client service solution for institutional and family office clients. IIS supports clients in partnership with Financial Advisors, Morgan Stanley Family Office (“MSFO”), Outsourced Chief Investment Office (“OCIO”), Morgan Stanley Fund Services, Graystone Consulting and Wealth Management Operations. IIS is responsible for all client service execution processes including Client Onboarding & Maintenance, Investment Execution, Asset Aggregation, Accounting, Reporting & Analytics and Billing.
IIS is looking for an entrepreneurial, ambitious and intellectually curious professional to join the Institutional Reporting Team. The candidate plays a vital role maintaining accurate data in performance reporting systems, adhering to all policies and procedures, and contributing to operational process improvements. The candidate will collaborate and partner closely with client coverage teams, investment officers, and financial advisors to deliver timely and accurate performance reports.
Primary Responsibilities:
Compile and generate monthly and quarterly performance reports, reconcile performance discrepancies, and ensure accuracy of data through self-audit
Manually capture and reconcile alternative investment transactions and valuations into designated systems and spreadsheets
Responsible for collecting, processing, managing, and analyzing large amount of data and creating programs to automate processes
Process, review and resolve any exception items to ensure accurate reporting of client investments
Review investment activity, performance, and cash flows daily to ensure data quality across accounts, entities, and clients
Plan, organize, and prioritize assignments to consistently meet high standards of reporting timeliness and accuracy
Develop as a subject matter expert and support cross-functional teams by being accessible, responsive, and delivering timely feedback
Understand and effectively utilize the group’s systems, infrastructure, platforms and business processes
Increase the effectiveness of the Reporting Team by identifying gaps and recommending/providing training and development opportunities for other Team members
Regularly seek opportunities to use firm resources for peer sharing and collaborating across the team
Actively engage in available training and education programs to maintain current status on policies, procedures and risk awareness
Interface and maintain strong relationships with internal and external stakeholders including research, trading, operations, product specialists, third party vendors and custodians
Knowledge and Skills Required:
Proficiency in Microsoft Office including Excel, PowerPoint and Access
Experience and knowledge of wealth management platforms and vehicles, including managed accounts, mutual funds, ETFs, separate accounts, and alternative investments
Detailed understanding of performance calculations, including measurement and attribution
Detailed understanding of alternative investments and their corresponding transactions, including private equity, hedge funds, and direct investments
Must be detail-oriented, with an ability to multi-task and manage competing priorities
Strong strategic thinking and problem-solving skills with the ability to clearly define a problem, synthesize data to derive fact-based insights, and provide insightful and actionable recommendations
Strong organizational and project management skills
Ability to work independently and effectively on a team, with demonstrated leadership abilities
Technical background with strong analytical and quantitative skills
Exemplary verbal and written communication skills
Qualifications
3+ years portfolio accounting or investment reporting experience serving institutional and ultra-high net worth clients
Firm understanding of portfolio management concepts including modern portfolio theory, asset allocation, portfolio construction, manager selection, risk management and performance attribution
Experience with Addepar, Investment Metrics, or other investment reporting platforms a plus
Experience working with complex datasets and relational databases. Experience with Dataiku a plus, but not required
Technical background with strong analytical and quantitative skills; proficient in SQL, Python or Excel VBA a plus
Undergraduate degree in accounting, finance, economics, data, or related field
FINRA Series 7 and 66 is a plus, though not required
Industry designations including CIPM, CFA or significant progress preferred, but not required
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $57,000 and $115,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
Skills Required
- 3+ years portfolio accounting or investment reporting experience
- Firm understanding of portfolio management concepts
- Technical background with strong analytical and quantitative skills
- Undergraduate degree in accounting, finance, economics, data, or related field
- Experience with Addepar or Investment Metrics a plus
- Experience working with complex datasets and relational databases
- Industry designations including CIPM, CFA preferred, but not required
- FINRA Series 7 and 66 is a plus, though not required
Morgan Stanley Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.
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Parental & Family Support — Family support is extensive, with paid parental leave for all parents, adoption and fertility assistance, backup childcare, and eldercare resources. Feedback suggests these programs meaningfully enhance the overall package and help with retention.
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Healthcare Strength — Health coverage spans medical, dental, vision, mental‑health access, care navigation, and expert second opinions. Convenient primary care access and condition‑specific support reinforce the depth of healthcare coverage.
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Equity Value & Accessibility — Equity compensation and stock ownership are positioned as core motivators that encourage commitment and retention. Feedback suggests education and support are provided to help participants manage equity and related financial benefits.
Morgan Stanley Insights
What We Do
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its 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 its more than 60,000 employees in 1,200 offices across 41 countries.
