Jobs · Human Resources · New York

Vice President, Compensation (Carried Interest)

Morgan Stanley · New York, NY · 2 wk ago
Human Resources$160k–$222k/yrFull-time

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
  • 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
  • Aid in 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 needed

Qualifications

  • 5-10 years of financial services experience; preferably in compensation design, tax, accounting/finance
  • 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

Pay

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.

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