Reporting Analyst, Wealth Management

Reporting Analyst, Wealth Management

Job Number : 3252378

3252378

Posting Date

May 14, 2024

Primary Location

Americas-United States of America-Arizona-TempeEducation Level : Bachelor's Degree

Wealth ManagementEmployment Type : Full TimeJob Level : Associate

Description

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, reporting and analytics associates, and oversight to deliver timely and accurate investment 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

Qualifications

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 including private equity, hedge funds, direct investments and their corresponding transactions
• Must be very detail-oriented, with an ability to multi-task and handle multiple 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
• Undergraduate degree in Finance or applicable field
• FINRA Series 7 and 66 is a plus

Qualifications

• 3+ years portfolio accounting or investment reporting experience serving institutional andultra-high net worth clients
• Firm understanding of portfolio management concepts including modern portfolio theory, assetallocation, 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
• 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

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).