Investment Management Finance New Products Associate

Morgan-Stanley; Baltimore (MD); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Prescription Drug coverage

Dental insurance

Vision insurance

Health Savings Account

401(k) plan

Paid Time Off

Job summary

Morgan Stanley is seeking an Associate for the New Product Team within Investment Management Finance (IM Finance) to support new product launches, accounting, and process improvements. The role collaborates across Finance, Accounting and business units, maintaining documentation, and driving efficiency.

Ideal candidates have a 3+ year background in asset management or financial services, strong Excel/PowerPoint/Word skills, and a proactive, collaborative work style.

Qualifications

• Bachelor's degree in Finance or Accounting preferred.
• 3+ years of work experience in asset management or financial services is a plus.
• Excellent written and verbal communication across all levels of the Firm.
• Strong organizational and time-management abilities with proven deadlines delivery.

Responsibilities

• Coordinate Finance support for new products and sign off on new products.
• Attend weekly working group meetings; document updates and track status.
• Maintain pipeline documents from meetings and other sources.
• Independently manage team SharePoint site, upload documents and send weekly updates.
• Host weekly meetings with Finance stakeholders with manager.
• Review legal agreements; summarize key terms for management analysis.
• Respond to ad-hoc requests related to new products and related processes.
• Collaborate with peers, Finance, Accounting and business units; provide feedback.
• Seek to improve operational efficiency and effectiveness across IM Finance.
• Provide surge support for Controllership in IM Finance.

Skills

Communication skills

Organizational skills

Time management

Analytical mindset

Cross-functional collaboration

Initiative & problem solving

Education

Bachelor's degree in Finance or Accounting

Tools

Excel

PowerPoint

Word

Job description

We're seeking someone to join our New Product Team as an Associate in Investment Management Finance (IM Finance) to be involved in accounting, finance and process transformation.In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. The role will reside within Investment Management Finance (IM Finance) which is a department dedicated to providing support to Morgan Stanley's Investment Management segment (\"MSIM\"), a leading global asset manager across the public and private markets. The successful candidate will join the New Product Team which support MSIM new business line and product launches. The team serves as the central point of contact within Finance.Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.What you'll do in the role:Coordinate support across Finance for new products, including signing off on new productsAttend multiple weekly working group meetings, documenting updates, tracking status updates, and following up with questionsProactively and independently maintain pipeline document with information that comes from weekly working group meetings and other sourcesIndependently maintain team Sharepoint site, upload documents, create summaries, maintain email distribution group and send out weekly updates, request cost centersTogether with manager, host weekly meetings with Finance stakeholdersReview legal agreements and summarize key terms for manager to analyze and provide feedbackRespond to ad hoc requests related to new products and all associated processesConsult with peers, management, other areas of Finance & Accounting and the business as neededProactively seek to improve operational efficiency and effectiveness throughoutProvide surge support for Controllership in IM FinanceWhat you'll bring to the role:Bachelor's degree, Finance or Accounting is preferredDesired 3+ years of work experienceAsset management or Financial Services industries experience is a plusExcellent written and verbal communication skills and ability to collaborate with colleagues of all levels across the Firm.Excellent organizational skills, time management skills and ability to meet deadlines, handle pressure situations, and balance multiple tasks on a daily basis.Committed and self-motivated individual with a strong work ethic, positive attitude who can demonstrate initiative and problem-solving abilitiesAnalytical mindset with attention to detailAbility to collaborate cross-functionally on projects and new initiativesDesired technical skills include proficiency in Microsoft Excel, PowerPoint, and WordExperience working in accounting subledgers and within a network of connected financial systems is a plusWork toward CPA, CFA, other certifications a plusWHAT 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.Salary range for the position: $60,000 - $90,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.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 .