Fund Services - Product Development Off-Cycle Associate Program (Start ASAP)

Your role

Morgan Stanley is seeking interns to join the Fund Services Team for the Off-Cycle Internship Program. This is 6 months internship program designed as an opportunity to learn more about the important role that Fund Services plays within the Firm.

The Product Development group focuses on building technical solutions to resolve complex problems in Portfolio Accounting, Investor Allocations, Investor Services, Trade Processing, Risk Mitigation, Client Onboarding, Regulations, Investor Due Diligence, and other important processes in the organization. They consult closely with external and internal clients, build new applications, and continuously improve the existing proprietary web-based applications. Based on the business strategy and overall priorities, the Product Development team leads and drives the product plans including gathering user requirements for the development teams, facilitating design reviews with the business and managing the overall rollout plans including QA, user testing, staff training and final delivery. The team partners with the business and technology teams across multiple global locations to deliver the final product. The Product Development team also works on the automation agenda using multiple market-leading digital tools like Robotics Process Automation and Data Analytics. They work with business partners to provide end-to-end digital solutions to business problems. 

In the Morgan Stanley Fund Services division, they work with a global institutional client base to provide hedge funds, multi-asset class investors, family offices and private equity Firms with innovative product solutions.

What you’ll do in the role

• Understand the hedge fund administration business.
• Liaise with business users and development teams across locations to understand/ document business requirements & create business process maps.
• Analyze existing processes and suggest automation opportunities.
• Understand automation opportunities, design and develop a flexible and scalable solution using available digital toolkits.
• Test the end-to-end solution and make it ready for production.
• Understand the project management and governance framework, ensure projects are tracked and monitored proactively.
• Work with Product Development leads and business users on solution rollouts across global clients.

About you

 What you’ll bring to the role

• MBA or equivalent with B.Tech/B.E. or Accounting/Finance qualification.
• Exceptional analytical and problem-solving skills coupled with knowledge of financial concepts.
• Excellent written, verbal communication and organizational capabilities.
• Attention to detail and the drive to look for ways to improve operational efficiency.
• Ability to take ownership and effectively manage multiple assignments and priorities.
• Ability to work with a team, to discuss ideas and to collaborate.
• Ability to handle pressure, effectively prioritize and handle multiple tasks with a high level of accuracy.
• Knowledge of Robotics Process Automation, Surface Automation Toolkits, Business Process Mapping and Data Analytics

Education

• Bachelor's Degree, Master's Degree

Benefits

Employees are provided a range of benefits and perks which include:

• Top-quality healthcare options, including medical, vision, dental and prescription drug coverage along with flexible spending and health savings accounts
• Programs to support your physical, mental and emotional wellbeing
• Access to mental health awareness training, toolkits and checklists
• Tuition and licensing reimbursement, plus discounts on graduate-school test prep (GREs, GMATs, LSATs, etc.)
• A variety of ways to save money, invest and protect your assets
• Generous paid parental leave
• Deals on a range of consumer products and services, from cars to computers, electronics and cell phone plans to clothing, automobiles, travel and more

Training & development

At Morgan Stanley, you will collaborate with industry leaders who provide guidance and support from day one. They offer extensive mentorship, management support, and development programs, including online courses from top industry experts, access to the Harvard Business Review, and over 10,000 LinkedIn Learning videos. You will experience and thrive in an ideas-driven culture that values diverse perspectives to tackle complex challenges.

Career progression

Ample opportunities for growth for experienced professionals, recent graduates, and current students are a priority at Morgan Stanley. They support career advancement through ongoing development programs, educational support and robust employee networking groups that promote diversity and career development.

To know more, watch this video:

How to apply

To apply for this role, click on the "Apply on employer site" button below. You will be directed to a page where you can select your desired location, which will navigate you to the career page where you can submit your application directly.

Sources

The following sources were used in researching this page:

• morganstanley.com/people-opportunities/students-graduates
• morganstanley.com/people-opportunities/perks-benefits-working-at-morgan-stanley
• youtube.com