Institutional Reporting Specialist

711 MS Smith Barney, LLC; Town/Village of Harrison (NY); On-site; USD 69,000 - 115,000; Full time

Job summary

Morgan Stanley Wealth Management is seeking a professional to join the Institutional Reporting Team. You will maintain performance data accuracy, generate monthly and quarterly reports, and collaborate with internal teams to deliver timely client insights.

Responsibilities include reconciling data, automating processes, and supporting cross functional reporting initiatives for institutional and ultra-high-net-worth clients.

Qualifications

• 3+ years portfolio accounting or investment reporting experience serving institutional and ultra-high-net-worth clients.
• Firm understanding of portfolio management concepts including modern portfolio theory, asset allocation, portfolio construction, manager selection, risk management and performance attribution.
• FINRA Series 7 and 66 a plus; CFA/CIPM progress preferred, but not required.

Responsibilities

• Compile and generate monthly and quarterly performance reports with reconciliation to ensure data accuracy.
• Develop automated processes and scripts to improve reporting efficiency.
• Collaborate with client coverage teams, investment officers, and financial advisors to deliver timely performance insights.

Skills

Microsoft Office

SQL

Python

Excel VBA

Data analysis

Education

Undergraduate degree in accounting/finance/economics/data

Tools

Addepar

Investment Metrics

Dataiku

Job description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Morgan Stanley Wealth Management (MSWM) has over $2 trillion under management and is one of the world’s largest networks of Financial Advisors. Institutional Infrastructure Solutions (IIS), a business unit within Corporate & Institutional Solutions, is an integrated client service solution for institutional and family office clients. IIS supports clients in partnership with Financial Advisors, Morgan Stanley Family Office (“MSFO”), Outsourced Chief Investment Office (“OCIO”), Morgan Stanley Fund Services, Graystone Consulting and Wealth Management Operations. IIS is responsible for all client service execution processes including Client Onboarding & Maintenance, Investment Execution, Asset Aggregation, Accounting, Reporting & Analytics and Billing. IIS is looking for an entrepreneurial, ambitious and intellectually curious professional to join the Institutional Reporting Team. The candidate plays a vital role maintaining accurate data in performance reporting systems, adhering to all policies and procedures, and contributing to operational process improvements. The candidate will collaborate and partner closely with client coverage teams, investment officers, and financial advisors to deliver timely and accurate performance reports.

Primary Responsibilities

Compile and generate monthly and quarterly performance reports, reconcile performance discrepancies, and ensure accuracy of data through self-audit Manually capture and reconcile alternative investment transactions and valuations into designated systems and spreadsheets Responsible for collecting, processing, managing, and analyzing large amount of data and creating programs to automate processes Process, review and resolve any exception items to ensure accurate reporting of client investments Review investment activity, performance, and cash flows daily to ensure data quality across accounts, entities, and clients Plan, organize, and prioritize assignments to consistently meet high standards of reporting timeliness and accuracy Develop as a subject matter expert and support cross-functional teams by being accessible, responsive, and delivering timely feedback Understand and effectively utilize the group’s systems, infrastructure, platforms and business processes Increase the effectiveness of the Reporting Team by identifying gaps and recommending/providing training and development opportunities for other Team members Regularly seek opportunities to use firm resources for peer sharing and collaborating across the team Actively engage in available training and education programs to maintain current status on policies, procedures and risk awareness Interface and maintain strong relationships with internal and external stakeholders including research, trading, operations, product specialists, third party vendors and custodians

Knowledge and Skills Required

Proficiency in Microsoft Office including Excel, PowerPoint and Access Experience and knowledge of wealth management platforms and vehicles, including managed accounts, mutual funds, ETFs, separate accounts, and alternative investments Detailed understanding of performance calculations, including measurement and attribution Detailed understanding of alternative investments and their corresponding transactions, including private equity, hedge funds, and direct investments Must be detail-oriented, with an ability to multi-task and manage competing priorities Strong strategic thinking and problem-solving skills with the ability to clearly define a problem, synthesize data to derive fact-based insights, and provide insightful and actionable recommendations Strong organizational and project management skills Ability to work independently and effectively on a team, with demonstrated leadership abilities Technical background with strong analytical and quantitative skills Exemplary verbal and written communication skills

Qualifications

3+ years portfolio accounting or investment reporting experience serving institutional and ultra-high net worth clients Firm understanding of portfolio management concepts including modern portfolio theory, asset allocation, portfolio construction, manager selection, risk management and performance attribution Experience with Addepar, Investment Metrics, or other investment reporting platforms a plus Experience working with complex datasets and relational databases. Experience with Dataiku a plus, but not required Technical background with strong analytical and quantitative skills; proficient in SQL, Python or Excel VBA a plus Undergraduate degree in accounting, finance, economics, data, or related field FINRA Series 7 and 66 is a plus, though not required Industry designations including CIPM, CFA or significant progress preferred, but not required

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. Expected base pay rates for the role will be between $57,000 and $115,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. 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. At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.