In Fund Services, we have opportunities in the Fund Services Centralized Accounting Team and Financial Reporting Team;
The Fund Accountant will be responsible for the end-to-end process with respect to their client's accounting and reporting requirements. Accounting includes overseeing the full P&L and Balance Sheet and daily Net Asset Value reporting, and the reporting includes working with financial reporting team to prepare interim and annual financial statements for Hedge Fund clients and their auditors. In addition to this, the successful applicant will develop knowledge of Alternative Investment Funds including knowledge of the products, strategies, hedge fund accounting, fee structures (e.g., incentive and management fees) and investor level accounting.
The Summer Analyst Programme
The Programme is a paid, full time summer internship, that provides interns with a thorough overview of our industry, and the challenges and opportunities one can expect from a Morgan Stanley career, in addition to serving as a pipeline into our Full Time Fund Services Analyst Programme.

Training begins with a Firmwide induction along with peers from other divisions of the Firm. This is followed by a series of sessions delivered by Talent Management. In addition to the initial training, Summer Analysts will also receive considerable on-the-job training, a series of "Lunch & Learns," networking events and work-shadowing opportunities.
As a Summer Analyst, responsibilities may include:
• Computation of monthly "Net Asset Value" (NAV) for hedge funds.
• Daily processing and accounting of all fund security and financial transactions.
• Daily reconciliation of fund's assets with custodians, prime brokers, and counterparties.
• Preparation of draft year-end Financial Statements.
• Investor/Shareholder accounting and reporting, including multiple series and side-pocket accounting.
• Daily trade matching services and treasury management services (cash, margins) for hedge funds.
• Providing hedge fund clients with analysis surrounding portfolio returns, performance attribution, exposure/position reporting and quantitative risk models.
Qualifications/Skills/Requirements:
• You are an undergraduate student with outstanding academic achievements and are on track for a 2.1 honours degree or equivalent.
• You have strong analytical and problem-solving skills.
• You are a team player and excellent communicator.
• You are able to multi-task and pay close attention to detail.
• You are client-service oriented.
The programme is anticipated to run for 13 weeks from June 2025.

If you would like to learn more about the programme and our Finance division, please join us at our virtual recruitment event.

• Meet the Teams: Fund Services (Glasgow)
• Date: 9th October 2024
• Time: 4pm - 5pm BST
• Register here

Job Level

Summer Analyst

Program

Summer Analyst