Operations Associate - Portfolio Accounting

PowerToFly; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading asset management firm is seeking an experienced Portfolio Accounting & Recordkeeping Associate to develop a best-in-class Portfolio Accounting function in London. This role is vital for ensuring accurate portfolio accounting and valuation, maintaining data integrity, and supporting investment operations. The ideal candidate has a BS/BA degree and at least 3 years of relevant experience in asset management, showcasing strong attention to detail and the ability to automate processes effectively. Join us to transform operational data capabilities.

Benefits

Competitive employee benefits

Qualifications

• Minimum of 3 years of related experience in asset management.
• Experience in portfolio or fund accounting.
• Experience with a variety of portfolio types: Separately Managed, Funds.

Responsibilities

• Publish the official Aladdin Portfolio Asset Value monthly.
• Execute daily portfolio accounting and recordkeeping processes.
• Maintain data integrity and validation for start of day positions.

Skills

Detail-oriented

Attention to data integrity

Ability to prioritize multiple tasks

Automation-first mindset

Education

BS/BA degree

Tools

Microsoft Office products

Aladdin

Job description

Overview

We are seeking an experienced and detail-oriented Portfolio Accounting & Recordkeeping Associate to support and develop a best-in-class Portfolio Accounting function.

This role will be responsible for ensuring accurate, timely, and globally consistent portfolio accounting, valuation, and production of the official investment/performance book and record. The position sits within the Public Markets Middle Office and is pivotal to ensuring data accuracy, transparency, and operational readiness across the firm's investment operations in support of MSIM clients, investment teams and traders, reporting teams and other essential uses of middle office operations data.

As the Portfolio Recordkeeping Associate, you will be responsible for the daily execution of accounting and recordkeeping processes across various investment strategies and asset classes. The role will be part of a global team in a follow‑the‑sun model, ensuring the integrity of the MSIM's start of day, end of day, and period close books and records.

Key Responsibilities

• Publish the official Aladdin Portfolio Asset Value on a monthly basis, in accordance with client and reporting SLAs, including performing all QC checks to finalize and close the books.
• Execute daily portfolio accounting and recordkeeping processes, ensuring all transactions (trades, income, accruals, corporate actions) and positions are processed timely, completely, and accurately.
• Maintain data integrity and validation, ensuring complete, accurate, and timely start of day positions to support the investment process, including start of day cash and projected cash to support investment teams.
• Identify, research, and resolve exceptions to the accounting books of record (start of day, end of day, and period close) within established SLAs.
• Provide subject matter support for Aladdin Accounting transaction, position, and valuation data.

Experience & Qualifications

• BS/BA degree required.
• A minimum of 3 years of related experience, preferably in asset management with experience working in portfolio or fund accounting.
• Experience across a broad spectrum of portfolio types: Separately Managed, Sub‑advised, Funds (e.g., Mutual Fund, OIEC, etc.).
• Exposure to middle office operations including but not limited to trade settlement, IBOR/ABOR, transaction lifecycle events across a spectrum of asset class (equity, fixed, derivatives), cash and position reconciliation, performance reporting.
• Experience with accounting systems; preferably Aladdin a plus.
• Experience with Microsoft Office products (Outlook, Excel, Word, and PowerPoint).
• Automation‑first mindset. Experience with implementing process improvements and transformation.
• Ideal candidate brings good judgment, detail oriented, the ability to prioritize multiple tasks, within team environment.

Join Us

This is a unique opportunity to be part of the transformation of operational data capabilities at a world‑class asset manager. If you are passionate about delivering high‑quality, critical portfolio‑level investment data to drive investment decisions and reporting, we welcome you to build with us.

What You Can Expect From Morgan Stanley

We are committed to maintaining the first‑class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work‑life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

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.

Equal Opportunity Employer

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.