Alternative Investment Services Portfolio Solutions Group Director

Morgan-Stanley; West Conshohocken (PA); On-site; USD 180,000 - 230,000; Full time

Benefits offered by this job

Excellent benefits

Diversity & inclusion culture

Global exposure

Job summary

Morgan Stanley is seeking a Director to lead the Alternative Investment Services team supporting PSG. You will drive operational excellence across portfolio accounting, cash management, valuation governance, and reporting for multi-asset funds and private vehicles.

You will partner with investment management to deliver analytics, insights, and proactive risk controls, while coordinating with third-party providers and internal stakeholders to support strategic initiatives.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of three years of operations experience; accounting experience preferred.
• Knowledge of hedge funds, private equity, or fund of funds; derivatives; Investran experience a plus.

Responsibilities

• Oversee portfolio activity across PSG portfolios and custodians, ensuring timely settlements.
• Provide portfolio analytics, performance reporting, and actionable insights.
• Govern third-party service providers for portfolio accounting and general ledger activity.
• Ensure the integrity of portfolio transactions and valuation data; oversee pricing processes.
• Lead reconciliations of transactions, valuations, fees, capital activity, and NAV allocations.
• Oversee cash management and reconciliation across custodians.
• Prepare and review portfolio performance reporting for investment teams and clients.
• Support regulatory audits, valuation governance, and new product launches.

Skills

Analytical skills

Communication skills

Relationship management

Organizational skills

Attention to detail

Self-motivation

Education

Bachelor's degree in Accounting/Finance/related field

Tools

Investran

Excel

Job description

We're seeking a Director to join the Alternative Investment Services team supporting the Portfolio Solutions Group (PSG). This role provides leadership across investment operations and portfolio management support for multi-asset funds, separately managed accounts, and private equity vehicles. The Director will drive operational excellence through oversight of portfolio accounting, cash management, valuation governance, third-party service providers, and reporting functions while ensuring robust controls, scalability, and alignment with the firm's strategic objectives.In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Advanced Specialist position at Director level within Product Support & Services IM, which is responsible for providing transaction support and managing post execution processes.Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on..What you'll do in the role:Oversee portfolio investment, subscription, redemption, and cash activity across multiple PSG portfolios and custodial relationships, ensuring timely settlement, effective liquidity management, and comprehensive operational oversight of complex multi-asset investment structures.Serve as a strategic partner to investment management by delivering portfolio analytics, performance reporting, and actionable insights, while responding to complex stakeholder inquiries and supporting key business initiatives.Provide governance and oversight of third-party service providers responsible for portfolio accounting activities, ensuring the accurate maintenance of portfolio records and general ledger activity within Investran and related systems.Ensure the integrity and accuracy of portfolio transactions and valuation data through rigorous oversight of investment activity, underlying fund reporting, and pricing processes proactively identifying and resolving discrepancies.Lead periodic reconciliations of transactions, valuations, management and performance fees, capital activity, and NAV allocations between internal records and third-party service providers, ensuring financials accuracy and strong control adherence.Oversee cash management and reconciliation activities across multiple custodial relationships, ensuring timely resolution of outstanding items and minimizing operational risk.Direct the preparation and review of portfolio performance reporting for investment teams and clients, leveraging underlying investment valuations, derivatives activity, and cash balances to support investment decision-making and client communications.Manage compliance monitoring activities, identifying potential breaches of investment guidelines or governing documents and escalating matter as appropriate to mitigate risk.Support regulatory, financial, and fund audits; participate in valuation governance processes; contribute to board and committee reporting; and provide operational expertise in new product launches and strategic business initiatives. What you'll bring to the role:Bachelor's degree, or equivalent, in Accounting, Finance, or related business field.A minimum of three years of experience in operations is required; experience with accounting is preferred.Knowledge of hedge funds, private equity, or fund of funds investment accounting or derivatives, or experience with Investran, is a plus.Strong organizational and analytical skills and the ability to effectively summarize findings, both verbally and in writing, in a clear and concise manner.Strong relationship management and communications skills.Detail-oriented and highly motivated.Ability to work effectively with minimal supervision.We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity 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.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).WHAT YOU CAN EXPECT FROM MORGAN STANLEY:At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.For more information, please visit : https://www.morganstanley.com/people-opportunities/eeo .