MSIM- Pricing & Valuation - Operations Associate

About the role

The Pricing and Valuation Oversight team oversees pricing operations for Morgan Stanley Investment Management (MSIM). We support MSIM's valuation committees by preparing and reviewing pricing activity and risk reports, testing fair value methodologies, coordinating fair value determinations and documentation, and facilitating meetings.

Responsibilities

• Perform daily reviews of securities valuation, including secondary price source reviews, daily price change tolerance reviews, unchanged price reviews, and trade price review.
• Respond to pricing inquiries from third-party agents and determine preliminary pricing decisions.
• Assist in testing and analysis of ongoing pricing-related projects within the Operations department.
• Monitor, review, escalate, and close pricing exceptions in Aladdin with a 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 third-party service providers (e.g., pricing vendors, middle office providers, fund administrators, and accountants) to ensure adherence to standards and outstanding support of IM business.
• Monitor, research, and respond to inquiries from IM clients regarding areas of responsibility.
• Assist in the continued development and testing of proprietary technology platforms supporting valuation control, analysis, and reporting.
• Adapt to updated timelines and due dates as needed.
• Ensure compliance with Firm and Operations-wide risk and control policies.
• Continually review and improve processes to achieve maximum efficiency and effectiveness.

Requirements

• Bachelor’s Degree (Finance, Mathematics, or Accounting preferred) with 2–5 years of experience in security valuation.
• Strong understanding of the institutional investment management industry and valuation knowledge across equity, fixed income, derivative, fund, and currency instruments.
• Knowledge of the 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 in a high-volume, high-intensity environment with the ability to resolve issues promptly.
• Proven record of collaborating with diverse 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.
• Ability to work a 12–9 PM or 2–10 PM shift.

Benefits

At Morgan Stanley, you’ll find an opportunity to work alongside top talent in a supportive and empowering environment. We offer some of the most attractive and comprehensive employee benefits and perks in the industry, including ample opportunities for career growth and movement within the business.

Pay

Expected base pay for this role ranges from $80,000 to $114,500 per year at the commencement of employment. Base pay is determined on an individualized basis and is part of a total compensation package that may also include commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages.