Analyst/Associate - PRIIPS Role (Investment Management)

TEAM - GPAR

LEVEL – Analyst/Associate  

SALIENT FEATURES –

Requirements

Required – Yes / No

People Management

No

Global Stakeholder Management

Yes

Leadership Role for Strategic Projects within function

No

Global Lead / Lead for a function with concentration in India (as % of Global) > 70%

No

Technical expertise required (market knowledge, specific systems, regulations etc.)

Preferred

DEPARTMENT PROFILE

The Global Portfolio Analysis and Reporting (GPAR) Team is part of the Global Risk & Analysis team at MSIM and is responsible for performance and risk portfolio analytics for internal and external clients.  Activities covered by the team include portfolio return attribution, ex-post risk analytics, portfolio characteristics, competitive analysis.

Description of Role

GPAR is seeking a highly motivated individual to join our Mumbai team. As Analyst/Associate of attribution and performance analytics, you will work closely on EU and UK PRIIPS and UCITS regulatory activity relating to Risk calculations. Additionally, the you will have interaction with investment teams, risk team, sales & marketing, senior management to provide both standard and bespoke performance analyses, with a focus on the supported asset class / areas (Equity, Fixed income, Multi Asset, Competitive Analysis reporting) of coverage might be assigned.  The individual should have a willingness and interest in continually expanding one’s knowledge of the investment process, finance/economics, and applied investment analytical skills.  The group has a strong, team-based orientation, yet relies upon its members to take responsibility and ownership of their coverage responsibilities and client base.  Thorough professionalism in all technical and non-technical aspects of the position is required.   You will also play a lead role in various functional integration initiatives related to businesses acquired by MSIM.

Key responsibilities

• Implement a robust BAU process for the PRIIPS oversight function.
• Develop a thorough knowledge of the PRIIPS regulation that will support the role for adequate oversight.
• Provide input data for new fund launches, validate risk calculations, and sign off or challenge risk and performance scenario calculations.
• Ability to run python and SQL queries to assist with monitoring of risk statistics.
• Work with other colleagues in the global organization to streamline/increase efficiency and accuracy of the GPAR Team processes.
• Open to other project work as needed relating to the GPAR Team.
• Provide performance attribution / contribution reporting for assigned areas of product coverage, with an emphasis on Equity & Multi Asset strategies. Provide secondary coverage for other asset class / areas (Fixed Income, Competitive Analysis reporting)
• Respond to ad hoc attribution/contribution requests; perform custom analysis and detailed examination of calculations and output.
• Play an active role in ensuring and improving data integrity/quality.
• Significant one to one interaction with investment team members, product specialists, client service administrators, and other investment professionals on a variety of issues relating to investment performance and the decomposition of returns.
• Collaborate with the Information technology and Project management teams to re-engineer processes and increase effectiveness of existing reporting.
• Candidate should also be capable of writing interpretive commentary to the reports being produced; presenting reports and interpretations to senior management; and designing new reports that influence the executive decision-making process at MSIM.

Experience and Skills Requirements

Strong quantitative, analytical, and problem-solving skills along with a high attention to detail. Working knowledge of traditional asset management investments (cash equities, fixed income, FX forwards and other derivatives). Asset management performance calculation and reporting experience including knowledge of CFA Institute Guidelines. In depth understanding of attribution theory and practice. Advanced knowledge of Excel, including designing, creating, and maintaining complex spreadsheets, queries, reports and charts. Excellent verbal and written communications skills. Strong individual initiative with the ability to take a proactive approach to assigned projects and new team initiatives. Ability to think strategically and build on system capabilities. Ability to maintain a high level of confidentiality. Prior experience with driving process efficiencies is desired. Intellectual curiosity along with excellent problem-solving skills and high attention to detail.

Qualifications / Technical Expertise Requirements

• Bachelor’s Degree in Accounting, Finance, Economics or a quantitative field.
• 1-3 years of relevant experience. 
• Understanding/familiarity of the PRIIPS regulatory technical standards regulation and UCITS SRRI guidelines preferred
• Demonstrate thorough knowledge of both traditional asset management and alternatives investments (derivatives, fixed income, cash equities, mutual funds, hedge funds, private equity) preferred.
• Advanced knowledge of Excel, including designing, creating, and maintaining complex spreadsheets, power queries, reports, and charts.
• Python required.
• SQL, data visualization tools (Tableau, Power BI) desired.
• Experience in using FactSet, Blackrock Aladdin, Bloomberg, and other performance attribution vendor systems desired.  Additional proprietary tools are also used.
• Understanding of basic accounting principles - ability to interpret performance impact of various transactions and corporate actions.
• Asset management performance calculation knowledge, including of alternatives return calculations.
• Understanding of attribution theory and practice

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.