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Associate, Private Equity Product Development

Job in New York, New York County, New York, 10261, USA
Listing for: PowerToFly
Full Time position
Listed on 2025-12-20
Job specializations:
  • Finance & Banking
    Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below
Location: New York

Morgan Stanley Fund Services

Established in 2004, Morgan Stanley Fund Services (MSFS) is a global business within the Institutional Equities Division (IED) that provides fund administration services for over $700billion in assets across 350+ hedge funds, private equity and large family offices clients. Our best-in-class offering includes accounting and investors services, portfolio analytics, middle-office functions, regulatory and financial reporting, and tax services. Delivering these services to our clients and their investors is a diverse team of 1,400 highly skilled employees across the globe based in New York, London, Glasgow, Dublin, Mumbai, Bengaluru, and Hong Kong.

Joining MSFS, you will discover a dynamic environment where every day offers new opportunities for personal growth and innovation. Here at MSFS your career isn’t just a job, it’s an incredible journey fueled by collaboration, challenge, and the chance to make a meaningful impact to our business, our clients, their investors and the wider Morgan Stanley franchise.

The Product Development team is the engine at the heart of our MSFS technology ecosystem, ensuring our platforms perform seamlessly for clients and colleagues every day while leading transformative changes across our business. Through the team’s deep partnership with our Technology department, they are reimagining how we work and how clients and their investors engage with MSFS. This team enables breakthrough innovation and an elevated user experience.

Product Development is also at the forefront of adopting advanced technologies, including robotics and artificial intelligence, to deliver greater scale, efficiency, and operational excellence for MSFS and its stakeholders.

Position Description

The Private Equity Product Development Associate will work as part of a team responsible for creating a long-term vision and executing a strategic plan for Private Equity systems. This ideal candidate will have 3-7 years experience in private equity operations or product support as well as hands‑on experience with FIS Investran or similar system and a thorough understanding of all aspects of investor life cycle processing including investor activities, private investments, rebalancing, liquidations and waterfall calculations.

Key Responsibilities
  • Collaborate with internal stakeholders to gather feedback and translate it into actionable development items

  • Assist in documenting workflows, user guides, and training materials

  • Configure and maintain reports to meet evolving business requirements

  • Develop test cases including repeatable regression tests while participating in testing and validation of new product features and enhancements

  • Support rollout activities and user onboarding for new features

  • Monitor platform performance and contribute to continuous improvement efforts

  • Address business user inquiries and resolve platform-related challenges

Qualifications
  • Bachelor’s degree in finance, Accounting, Information Systems, or related field

  • Strong analytical skills, including expertise in data mapping and reconciliation

  • Familiarity with testing methodologies and QA processes

  • Excellent communication and interpersonal skills

  • Ability to work effectively in a fast‑paced, global team environment

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…

Position Requirements
10+ Years work experience
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