Morgan Stanley Hiring Analysts/Associates (0 to 1 year) ~ GREAT MINDS INSTITUTION

Position Number: 114588	Posting Date: 2012 Dec 5
Location: India - Mumbai	Education: Masters Degree
Position Category: Fund Services	Experience: 0-1
Position Type: Full-Time	Job Level: Analyst/Associate

Position Description
Centralized Exception Reporting Team (CERT)

This is the part of the Mumbai Accounting team created with the objective of bringing in scalability and efficiency to the MSFS business. It has two parts: Cert-prod and Cert-dev.

CERT Prod - Deliverables- This is a centralized team with defined deliverables to leverage the benefits of specialization and the features of new reconciliation tool.

• Daily & Month-end pricing checks – To provide client with correct valuations for its investment portfolio across various financial products like equities, options, swaps, cds etc. To verify and compare valuations against various feeds received from NASDAQ, NYSE, Bloomberg etc. and highlight issues in cases of discrepancy. We are required to validate the prices overridden by the client.

• Daily & Month-end cash and positions reconciliations - As a fund administrator, we have to reconcile all positions & cash balances across various financial products in the client’s portfolio with the counterparty statements and report exceptions.

• Month end statements review - Before any investor statements are released to investors by hedge funds, each of those statements are verified and reviewed. As a Fund administrator, we have to ensure each investor statement released is correct and accurate. Hence, we need to reconcile the opening & closing NAV, Income allocated and Net return for the period for each investor.

• Centralized Trade booking team(CDS, Bank Loan, IRS, REPOS) – This team is responsible for booking all the trades related to super derivative products into our accounting system as well as the vendor system. The booking is done based on client instruction.

• Other Centralized Team- This team is responsible for creating dummy security identifiers to enable the accounting team to book OTC products.

Responsibilities –

- To ensure portfolio has been valued as per the client’s offering memorandum and highlight exceptions in case of discrepancy.
- To ensure that all exceptions in the process of pricing checks, reconciliations and statement review processes are highlighted or escalated, if required, to the appropriate level.
- Updating the status of the pricing and reconciliation to the Accounting team
- All centralized teams are required to carry out their deliverables as per the defined procedure and escalate in case of exceptions.
- Daily deliverables are delivered by the defined deadline and exceptions escalated in case of delay.
Skills Required
CERT development and support- Deliverables- It is a centralized team -

• To develop and enhance the MSFS reconciliation tool
• To support the accounting team for any technical issues on the reconciliation tool
• To drive all development and enhancements requirements for the accounting team across different systems for e g: Accounting, Allocation
• To develop the scalable and efficient trade booking tool for various derivative products
• To coordinate with IT for all reconciliation tool / Other development and enhancement related issues
• To find out different ways of bringing in efficiency in the overall MSFS daily deliverables.

Responsibilities -

• Collate all business requirements for developments / enhancements of different systems and prioritize the same appropriately.
• Understand business requirements and clearly define the same for each of the development/enhancement project.
• Coordinate with IT and provide all the information so that the project is managed in time.
• All support related issues are addressed in time.
Skills Desired
As per job description

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Monday, December 10, 2012