Portfolio Services Administrator - Riyadh, المملكة العربية السعودية - Talent Pal

وصف

Portfolio Services Administrator - AVP

Job Number:

3241868

POSTING DATE: Oct 5, 2023

PRIMARY LOCATION: Europe, Middle East, Africa-Saudi Arabia-Saudi Arabia-Riyadh

EDUCATION LEVEL: Bachelor's Degree

JOB: Other

EMPLOYMENT TYPE: Full Time

JOB LEVEL: Director

Description

Morgan Stanley Investment Management offers a comprehensive suite of investment management solutions to a diverse and global client base. Products are offered across a range of strategies including global fixed income, liquidity, active equity, real assets, multi-asset and private credit & equity. The Portfolio Services team sits within operations and is responsible for providing support across MSIM's product and vehicle range, with a focus on those accounts managed from Saudi. The team is the primary operations point of contact for the investment teams and covers a variety of functions ranging from reporting to cash management to client services.

Several core operations functions are outsourced to State Street Investment Manager Solutions (IMS). The team works closely with State Street IMS to ensure all deliverables are being met.

Morgan Stanley Investment Management's product range is continually evolving into new product and strategy areas, demanding ever changing infrastructure and solutions. The individual will be required to contribute to these discussions to ensure that the appropriate support models are in place.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing

• Proactively provide day-to-day support to Morgan Stanley investment teams and traders
• Responsible for oversight of core operations functions that are outsourced to State Street IMS (eg. transaction management, reconciliations, overdraft monitoring)
• Prepare and verify trade instructions of SMA, and mutual fund transactions
• Covering the portfolio services Saudi and oversight of reporting teams in India and ensuring our oversight obligations are met from an audit perspective
• Using strong business sense and judgment to identify potential risk areas; making appropriate recommendations and highlighting those risks via the appropriate escalation channels
• Provide day-to-day support to both clients and internal stakeholders by taking ownership of queries and working with various teams to resolve eg. investment teams, CRMs, legal, compliance, CORS and FCG
• Involvement in local and global projects
• Partner with internal business units including IT to deliver tactical and strategic solutions as and when required by the investment teams
• Working proactively with counterparts on a global basis, in making recommendations for process improvement and consistency
• Preparing and submitting all regulatory reports
• Managing Mutual Funds subs/reds, valuation, NAV publication and announcement on Saudi Stock Exchange and Firm website
• Monitoring and review of daily reconciliation including trade matching and trading posting in the MS systems
• Coordination with all vendors including brokers, custodians, State Street for all operation related daily activities
• Coordination with internal / external auditors, handling local regulator queries and dealing submission related matter with Saudi Stock Exchange
  
  

Qualifications

What we're looking for:

• Detailed product and instrument knowledge (Equity and Multi-Asset essential)
• Able to efficiently assess problems and provide effective solutions
• Strong attention to detail
• Excellent organisational skills
• Strong business sense and excellent judgment
• Knowledge of the custody environment
• Strong communicator
• Strong risk awareness
• Bachelors Degree or Equivalent
• CME 1 Certificate (Capital Market Examination- 1)
• Certificate of 'IFSAH''
• Minimum 8 years' experience
  
  

Skills that will help you in the role:

• Has proven ability to interact with multiple internal and external functions, including clients and portfolio managers
• Comfortable dealing with senior individuals and management across these functions
  
  

Where will you be working

This role will be based in our Riyadh, Saudi Arabia office.

Flexible work statement:

Interested in flexible working opportunities Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Internal Applicants:

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.

Equal opportunities statement:

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

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