Institutional Equity Division – Director​/VP, Fund Services - Documentation​/Purchase

Summary Of Purpose

Morgan Stanley Fund Services (MSFS) is a wholly owned subsidiary of Morgan Stanley that administers over $900 billion of private fund (hedge fund, private equity, and family office) assets. Using the Firm’s proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including daily accounting and financial reporting; transfer agency and investor services using an online Investor Portal;

middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by more than 1300 professionals based in New York, London, Hong Kong, Dublin, Glasgow, Bangalore and Mumbai.

Morgan Stanley Fund Services (MSFS) is a wholly owned subsidiary of Morgan Stanley that administers over $900 billion of private fund (hedge fund, private equity, and family office) assets. Using the Firm’s proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including daily accounting and financial reporting; transfer agency and investor services using an online Investor Portal;

middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by more than 1300 professionals based in New York, London, Hong Kong, Dublin, Glasgow, Bangalore and Mumbai. We are seeking a candidate to join our Documentation Team in NY. The Documentation Team works closely with all groups within MSFS. These include accounting and investor services professionals, tax, risk and transition management.

Interaction with the Morgan Stanley Legal Department, offshore counsel, and Global Financial Crimes (AML) group is common. Communication with clients and their counsel is a regular component of the job. The position involves support for the preparation, management and maintenance of various documentation types across a wide range of clients. An ever present element of the role is the need to keep current with evolving business needs and regulatory changes.

Examples include new laws enacted in the United States and offshore jurisdictions addressing how alternative funds operate, and the ongoing evolution of privacy laws globally (e.g., GDPR).

• Drafting and negotiating administration/service agreements with private fund clients
• Reviewing client offering documents, organizational documents and subscription documents and working with internal teams to provide comments back to client/client counsel
• Implementing MSFS technology initiatives (e.g., Online Forms) – daily communication and coordination with internal operational teams globally
• Managing document process workflows to ensure document updates are properly implemented, reviewed and presented to client with a low tolerance for drafting errors
• Direct engagement with clients (in-house and external counsel, investor relations, COO/CFOs), and investors – clients are located in US, Europe, Australia and Asia
• Coordinating the review and resolution of legal-related issues/questions that arise from the investor services and accounting teams (e.g., FINRA new issue, ERISA benefit plan investor status, pledges, transfers)

• Knowledge/experience:
• The optimal candidate has experience in a legal role with a law firm, bank, hedge fund administrator, investment adviser or in a legal role otherwise supporting investment management
• Experience preparing and presenting subject matter trainings related to alternative investments, and developing team knowledge resources
• Comfortable speaking with clients, fund directors, and stakeholders across functions to manage issues and deliverables under time-pressure deadlines
• Experience with AML regulation of financial institutions and policy document drafting
• Familiarity with CIMA and Cayman Islands regulation over alternative funds
• ERISA knowledge a plus
• Skills:
• Excellent verbal, written and organizational skills including the ability to draft/review/negotiate contracts and prioritize multiple tasks – possess a strong sense of urgency and excellent judgment
• Collaboration…