Analyst | Investment Operations Specialist| Investment Management |Parametric|

Analyst - Investment Operations Specialist- Investment Management (Parametric)
Job Number:

323+002

POSTING DATE: Jul 28, 2024
PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
JOB: Investment Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Analyst
DESCRIPTION

ABOUT MORGAN STANLEY
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

ABOUT PARAMETRIC
Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what’s important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients’ core holdings.

This role is part of Parametric's hybrid working model, which includes working in the office 2-3 days a week and choosing to work remotely or in the office the remaining days of the week.

ABOUT THE TEAM
The SMA Operations Department is comprised of functional teams focusing on trade settlements, corporate actions, portfolio reconciliation, data operations, and other tasks that support Parametric’s separately managed portfolios. The team is globally distributed, with staff located in Seattle, Minneapolis, Boston, Alpharetta, Singapore, and India. Associates work closely with portfolio managers, traders, product, sales and distribution, and other teams to ensure that client portfolios are managed in accordance to best practices and existing service level agreements.

GENERAL DESCRIPTION
Responsible for operational support of Parametric’s Equity SMA Operations department. Functional responsibility could include portfolio reconciliation, corporate action processing, data operations, trade settlements.

PRIMARY RESPONSIBILITIES
– Reconciling internal portfolio accounting data to external data delivered by custodians. Data elements include positions, cash, transactions, and tax lots. Tasks to include processing data, reviewing exceptions, understanding root causes, working towards resolution, and escalating as appropriate.
– Support data operations tasks, including updating systems and databases including new security set up and maintenance, managing exceptions and updating pricing or other security related information
– Support the posting of mandatory corporate actions to update internal portfolio accounting data, including stock splits, cash dividends, stock dividends, acquisitions, and other events. Understand lifecycle of these events, data flow from vendors, and support current and future dated events.
– Understand the posting of voluntary corporate action events, to allow for adjustments to portfolio accounting data as necessary to reconcile portfolios.
– Support data operations tasks, including updating systems and databases with security information, prices, etc.
– Work to resolve trade settlement exceptions as required, including pre-matching, and settlement exceptions based on custodian and broker data.
– Running data reports and queries, comparing data and reviewing exceptions across operations functions.

QUALIFICATIONS

JOB QUALIFICATIONS
SKILL SET
– Required Experience: 1+ years in the asset management industry or a similar position
– Bachelor’s Degree (4-year degree), preferably in related discipline such as economics, finance, or marketing; work experience and education combination in lieu of degree will be considered.
– Ability to work independently under tight deadlines and effectively manage multiple tasks.
– Strong written and verbal communication skills; ability to deliver clear, effective communication and takes responsibility for understanding others.
– Displays high attention to detail, accuracy, thoroughness and thoughtfulness. Commitment to meeting identified quality and efficiency standards.

GOOD TO HAVE SKILLS
– Experience working with portfolio reconciliation, corporate action, data operations, and trade settlements preferred.
– Knowledge of APX, Omgeo Alert, Omgeo CTM, Markit CA SaaS, Markit EDM and SWIFT messaging preferred.

“Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.”