Morgan Stanley

MSIM- Pricing & Valuation - Operations Associate

Morgan Stanley$80K — $114K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Mathematics, or Accounting preferred
  • 2-5 years of experience in security valuation preferred
  • Strong understanding of institutional investment management and valuation knowledge across asset classes
  • Familiarity with global pricing and valuation regulatory environment
  • Experience with BlackRock's Aladdin platform strongly preferred
  • Excellent oral and written communication skills
  • Knowledge of programming and database development preferred

Responsibilities

  • Monitor daily risk indicators and resolve pricing exceptions
  • Ensure compliance with the firm's valuation policy
  • Oversee activities performed by third-party Pricing Teams
  • Maintain administrative records regarding valuation decisions
  • Produce Valuation Committee and Fund Board reporting
  • Interact with external pricing vendors and service providers
  • Assist in developing proprietary technology for valuation control

Benefits

  • Access to Morgan Stanley sponsored benefit programs
  • Opportunity for discretionary bonuses and incentive compensation
  • Professional development opportunities
  • Supportive team environment
  • Work-life balance with flexible shifts
Full Job Description
The pricing and valuation oversight team is responsible for overseeing the pricing operations for the Morgan Stanley Investment Management complex. We support MSIM's various valuation committees including preparation and review of pricing activity and risk reports, testing of fair value methodologies, coordination of fair value determinations and documentation, and meeting facilitation.

Job Duties:

A successful candidate for this role should have a strong background in operational control and process development. The professionals on this team manage a variety of global valuation functions and controls within the department including, but not limited to:

> Monitor daily risk indicators, pricing exceptions, and valuation anomalies, ensuring timely resolution
> Ensuring comprehensive compliance with the firm's valuation policy
> Monitoring and oversight of activities performed by the firm's Pricing Team at third party service providers
> Maintenance of all administrative records regarding valuation decisions
> Production of Valuation Committee and Fund Board valuation reporting
> Overseeing valuation vendors and data providers
> Providing excellent service to clients related to valuation activities

Responsibilities:
> Perform daily reviews of securities valuation, including, but not limited to: secondary price source reviews, daily price change tolerance reviews, unchanged price reviews, trade price review.
> Responds to pricing inquiries from third party agents and determines preliminary pricing decisions relating to these inquiries.
> Assist in testing analysis of ongoing projects related to pricing within the Operations department.
> Monitor, review, escalate and close pricing exceptions in Aladdin with high level of accuracy for all asset types.
> Work closely with various internal teams to resolve issues quickly and accurately.
> Monitor and ensure delivery on daily process and periodic reporting requirements.
> Interact with various third party service providers, such as pricing vendors, middle office service providers, fund administrators and accountants to ensure adherence to standards and the provision of outstanding support of IM business.
> Monitor, research, and respond to inquiries from IM clients with respect to areas of responsibility.
> Assist in the continued development and testing of proprietary technology platforms supporting valuation control, analysis, and reporting.
> Ability to adapt to updated timelines and due dates when needed.
> Ensure compliance with Firm and Operations-wide risk and control policies.
> Continually review and improve processes to achieve maximum efficiency and effectiveness.

> Ability to work 12-9PM or 2-10PM shift

Experience / Knowledge Required:
> Bachelor's Degree (Finance, Mathematics, or Accounting preferred) and 2-5 years of experience in security valuation preferred.
> A strong understanding of the institutional investment management industry and valuation knowledge across all equity, fixed income, derivative, fund, and currency investment instruments
> Knowledge of global pricing and valuation regulatory environment and industry trends
> Familiarity with various pricing vendors and valuation procedures
> Experience working with BlackRock's Aladdin platform strongly preferred
>Experience working on a team with a broad scope of process responsibilities
> Demonstrated success working in a high volume, high intensity environment and an ability to get closure on issues promptly
> Proven record of collaborating with a diverse group of colleagues across geographic and functional boundaries
> Excellent oral and written communication skills
> Knowledge of programming and database development preferred
> Professional maturity, self-confidence, decisiveness, and good business judgment
> Ability to work independently

Expected base pay rates for the role will be between $80,000 and $114,500 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.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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