GIMA Operational Due Diligence (OpDD) Vice President

Morgan Stanley; Purchase (NY); On-site; USD 170,000 - 210,000; Full time

Job summary

Morgan Stanley’s GIMA unit seeks an experienced Operational Due Diligence Analyst to assess alternative investment funds, managers, and co-investments. The role focuses on evaluating organizational structures, controls, valuation, and governance to support Morgan Stanley’s investment programs.

The analyst will engage with senior professionals, review DDQs and manager documents, and coordinate with service providers.

Qualifications

• 10–15 years of total work experience, including 7–10 years of direct operational due diligence experience across various types of alternative investment products and managers.
• Solid knowledge of operational due diligence and the desire to expand into other product areas within a growing team.
• Experience performing due diligence on co-investments and direct investment opportunities is strongly desired, but not required.
• Undergraduate degree required with an advanced degree preferred.
• CFA, CPA and/or CAIA not required but viewed favorably.
• Active Series 7 and 63 or ability to obtain within 180 days of hire.

Responsibilities

• Conduct operational due diligence on funds and managers via onsite meetings or desk reviews.
• Coordinate with administrators, valuation agents, auditors and other service providers as needed.
• Assess focus areas: Organizational Structure & Staffing, Fund Structure, Internal Operations & Controls, Valuation, Service Providers & External Oversight, Legal & Compliance, IT & BCP.
• Identify key risks and document findings in a written report.
• Work with managers to correct operational deficiencies identified during the due diligence process.
• Present findings to internal product approval committees as necessary.
• Interact with Investment Due Diligence, Product Management, Legal, Operations, Risk, Investor Relations and Sales as needed.
• Stay abreast of industry trends, regulatory matters and market events affecting funds, managers, clients and the industry.
• Perform project work or other responsibilities as directed by the Head of Operational Due Diligence.

Skills

Operational due diligence

Co-investments knowledge

Financial statements review

Education

Bachelor's degree

Advanced degree preferred

Tools

CFA

CPA

CAIA

Job description

Morgan Stanley Wealth Management provides a range of wealth management products and services for affluent individuals, businesses, and institutions. These services include brokerage and investment advisory, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust.

Position Summary

Global Investment Manager Analysis (GIMA), a unit within Wealth Management Investment Solutions (IS), provides comprehensive manager research on a wide range of investment strategies and vehicles. This includes separately managed accounts, mutual funds, UCITs, evergreen funds, ETFs, and private vehicles. GIMA covers various asset classes such as equity, fixed income, and alternative investments. The analysis aims to support Morgan Stanley Wealth Management's investment advisory programs by evaluating investment products and ensuring they meet the firm's investment and operational standards. The GIMA team engages with a broad array of investment managers to identify high quality strategies for portfolios.

The GIMA Operational Due Diligence Analyst will perform operational due diligence on alternative investment funds and managers (fund-of-funds, hedge funds, private equity, real estate, alternative mutual funds, UCITS, evergreen funds (interval / tender), etc.) for new perspective managers and as part of the ongoing monitoring process for existing relationships. Additionally, the GIMA Operational Due Diligence Analyst will perform operational due diligence on co-investments and direct investments as opportunities arise.

Core functions:

Operational assessments will consist of either onsite meetings with senior professionals at the investment manager or a desk review of a review of DDQs/various manager documents. Additionally, meetings/calls with key service providers such as administrators, valuation agents, auditors, etc. are conducted as necessary.

Areas of focus for the review process include: Organizational Structure & Staffing, Fund Structure, Internal Operations & Controls, Valuation, Service Providers & External Oversight, Legal & Compliance, Information Technology & BCP, etc.

Assess operational infrastructure and identify key risks, documenting findings in a written report.

Work with managers to find solutions to correct any operational deficiencies identified during the operational due diligence process.

Present findings and results to internal product approval committees, as necessary.

Ongoing activities include:

Interact with internal teams as appropriate, including Investment Due Diligence, Product Management, Legal, Operations, Risk, Investor Relations, and Sales as needed.

Support a team atmosphere including idea sharing, learning, and back-up.

Remain abreast of industry trends, regulatory matters, and market events affecting funds, managers, clients, and the industry.

Perform project work or other responsibilities as directed by the Head of Operational Due Diligence, including financial statements review, media monitoring, and oversight of vendor relationships.

Skills required:

10-15 years of total work experience including 7-10 years of direct operational due diligence experience across various types of alternative investment products and managers (alternative mutual funds, fund-of-funds, hedge funds, real estate funds, and/or private equity).

Looking for candidate that has a solid knowledge of operational due diligence and the desire to expand their skill set into other product areas within a growing team of experienced operational due diligence professionals.

Some experience performing due diligence on co-investments and direct investment opportunities strongly desired, but not required.

Undergraduate degree required with an advanced degree preferred.

CFA, CPA, and/or CAIA not required but viewed favorably.

Active Series 7 and 63 or ability to obtain within 180 days of hire.

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 pa