Private Markets Fund Governance - Vice President

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and over $1.7 trillion in assets under management or supervision as of December 31, 2024.  Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, 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 a leader in the global investment management business.  Its support groups serve the firm’s portfolio managers and associated teams by providing high quality support through excellence in processing, reporting, and management of strategic initiatives.

The IM Office of the COO is responsible for (1) identifying, assessing, managing and monitoring risk across all IM businesses including fund operations and 3rd party service providers, (2) implementing and supporting change management of divisional and departmental strategic initiatives, and (3) developing divisional presentations, reporting and analysis for IM and Firm management.

Primary Responsibilities:

• High and frequent exposure to multiple COOs/CFOs of global Morgan Stanley private funds
  • Interact and provide governance/advise to COOs/CFOs on a daily basis over all financial accounting matters in a fast-paced environment
  • Act as an officer of the General Partner responsible for review and approve all funds cash movements, acquisitions, sales, capital calls, distributions and credit facility throughout the entire fund and investment structure
  • Coordinate bank, custody & demand accounts opening, account deposit and withdrawal of securities
• Oversight of outsourced fund administration and other functions, such as:
  • Quarterly and annual financial statements review (in US & IFRS, India GAAP, other GAAPs) and coordination with external auditors for year-end audit
  • Review and approve quarterly and annual investor reports
  • Review and approve NAV strikes for capital call and share issuance
  • Review and approve waterfall models, management fee, performance fee/carried interest calculations and investor allocations
  • Support various MSIM teams for cross-border fund offerings and seek opportunities for automation of on-going operations to increase efficiency
  • Conduct vendor service level review meetings and evaluate vendor’s performance
  • Onboard and offboard fund administrator vendors and their personnel
• Participate and spearhead various division wide strategic initiatives and continuous assessment of service operating models for optimization  
• Coordinate and provide non-financial data required by the business unit such as customer flows, assets under management (AUM), validation and commentary, enforce business rules, etc.
• Legal Entity Management
  • New fund & investment structure launches – review and provide comments on offering memorandum, partnership agreements, service agreements and entity structure charts
  • Liaise with MS accounting policy and corporate accounting for entity consolidation and reporting as well as MS firm accounting
  • Conduct Request for Proposal & pricing analysis for fund administrators, external auditors, custodial services, depositary, etc. and provide recommendations
• Regulatory Reporting
  • Review fund & investor level information from fund administrators supporting various regulatory reporting in all applicable jurisdictions (SEC, AIFMD, AED, CIMA, CSSF, CSRC, HKSFC, SEBI, IFSCA, PPM Audits, etc.)
  • Liaise with various Morgan Stanley stakeholders (regulatory reporting, compliance, legal, risk, etc.) to assess new regulatory forms to be filed for different funds and work with fund administrators in the implementation, manage deliverable deadlines, ensure completeness of entities in scope as well as accuracy of the regulatory forms
• Ad-hoc projects and requests

Qualifications

• Bachelor Degree in Accounting or equivalent
• Public accounting and / or fund administration experience preferred
• 8-12 years of relevant fund accounting experience including financial statement preparation in private credit & equity, real estate and/or infrastructure businesses with close end and opened en