Morgan Stanley

Vice President, Compensation (Carried Interest)

Morgan Stanley$160K — $221K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years of experience in financial services, with a focus on compensation design, tax, or accounting/finance.
  • Understanding of asset management and its operations.
  • Working knowledge of private investing fund mechanics and carried interest is highly preferred.
  • Emphasis on delivering client solutions with a strong service mindset.
  • Proficient in Excel and MS Word; excellent organizational skills with attention to detail.

Responsibilities

  • Act as primary contact for all inquiries regarding carried interest, including distributions, tax questions, and fund mechanics.
  • Coordinate the design process for carry plans of new funds, collaborating with legal, tax, and finance teams.
  • Evaluate regulatory compliance related to legal entities and employment across regions with legal and tax partners.
  • Support HR Business Partners in managing employee issues related to carried interest, including hires and terminations.
  • Oversee carried interest distributions, conducting waterfall analysis and reviewing participant allocations.
  • Lead carry year-end processes and reporting metrics, providing ad hoc analyses as needed.

Benefits

  • Participation in Morgan Stanley sponsored benefit programs.
  • Access to career and professional development opportunities.
  • Potential for both short and long-term incentive compensation.
Full Job Description
Compensation Team is seeking a Carried Interest Vice President who will play a role with our carried interest product.

Responsibilities:

  • Serve as point of contact for inquiries, issues, and escalations regarding carried interest, including questions on distributions, tax inquiries related to carried interest, questions about fund mechanics and waterfalls, as well as carry allocations for several fund groups
  • Coordinate the carry plan design process for new funds; partner with legal, tax and finance to drive discussions and completion of plan terms and document generation
  • Work with Legal and Tax to assess Legal Entity and employment regulatory compliance considerations in the regions
  • Partner closely with HR Business Partners to manage processes and outcomes for any material employee issues related to carried interest including hires, terminations, and transfers
  • Help manage carried interest distributions including waterfall analysis and participants allocation review. Collaborate with carried interest plan administration team on communications to participants, senior management, and other relevant groups
  • Assist with key reporting metrics to management and lead all aspects of carried interest year-end processes in conjunction with HR Business Partners; perform ad hoc analyses as need


Qualifications:

  • 5-10 years of financial services experience; preferably in compensation design, tax, accounting/finance
  • Understanding of asset management business
  • Strong preference for working knowledge of private investing fund mechanics and/or carried interest
  • Clear emphasis on client delivery and solutions
  • Highly skilled in Excel; Proficient in MS Word; organized and efficient approach to record keeping; strong interpersonal and organizational skills; ability to multi-task in a fast-paced environment; ability to maintain confidentiality of all sensitive issues; strong attention to detail; ability to work independently and as a team; excellent communication skills


Expected base pay rates for the role will be between $160,000 and $221,500 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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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