Fund Valuation Controller - Private Credit - Vice ...

Fund Valuation Controller - Private Credit - Vice PresidentFund Valuation Controller - Private Credit - Vice PresidentApply locations 1585 Broadway- NY time type Full time posted on Posted 5 Days Ago job requisition id 3257758Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, with more than 40 years of history, a presence in 24 countries, and a total of $1.5 trillion in assets under management as of March 31, 2024. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.The Morgan Stanley Private Credit ("MSPC") platform (is part of MSIM) primarily invests in directly originated middle market loans and invests throughout the capital structure across a wide range of industry sectors. MSPC expanded its private credit platform with the launch of business development company ("BDC") to complement its current private credit product offering. The MSPC platform currently manages 2 fund families (including BDCs), which focus on different parts of the capital structure, different EBITDA ranges and different target asset yield. The MSPC platform seeks to create highly diversified portfolios of investments and provide investors with a stable cash yield, focused on capital preservation and benefits from interest rate protections. MSPC platform currently has over $14Bn in committed capital across various funds.Morgan Stanley Private Credit business is looking to hire a Vice President (external Fund Controller) candidate to perform the following principal responsibilities to support Direct Lending Funds.We are looking for a valuation "athlete" with a solid track record of demonstrating excellence, performance, growth, and initiative.Key Duties/ResponsibilitiesSupervise and coordinate the production calendar to meet various valuation related deadlinesManage and maintain valuation modelManage third-party valuation specialists with investment level appraisals, detailed review of inputs, qualitative aspects and valuation modelsAddress valuation related issues and prepare valuation policy documents and memosManage and review administrator deliverables to ensure accurate processing of valuation of investments provided in the official books and recordsInterface with auditors and their valuation specialists in all quarterly review and audit coordination related to valuationLiaison with the internal auditors and SOX service provider on valuation related internal controls testing and enhance controls, as necessaryAssist in improving efficiency through technology and other special projects as neededRetrieve and compile relevant portfolio company stats/information for financial reporting or investor reportingAssist portfolio management team on monthly portfolio stats and quarterly portfolio review process and deliverablesCoordinate with shadow books service provider and review the accuracy of valuation providedResponsible for overseeing the work assignments of analysts/associates, communicating performance expectations and providing performance feedbackRequirements7-12 years of experience in valuation, within finance function for an alternative investment manager with exposure to private credit, BDCs, or private equity fundsAbility to implement valuation policy, related models, and reporting for various types of investmentsDesire to understand transaction process flows and requirements and develop processes to solve complexities as they ariseExperience with external valuation service providers and proceduresKnowledge of valuation principles including US GAAP and Investment CompanyBachelor's degree with a major in Accounting or FinanceCFA or CPA a plusExcellent written/verbal communication skillsAbility to work in a fast-paced, deadline-driven environmentGood quantitative/analytical and problem-solving skillsWHAT 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 85 years. At our foundation are five core values "” putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back "” that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world.We're committed to bringing passion and customer focus to the business.Expected base pay rates for the role will be between $150,000.00 and $210,000.00 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.Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).#J-18808-Ljbffr

Created: 2025-02-22