Hedge Fund Solutions- Due Diligence - Associate

Operational Due Diligence: Coordinate, prepare for and actively participate in on-site due diligence meetings with senior management of potential and existing investment advisors and evaluate their processes, policies, procedures and controls. Coordinate and review background investigations of senior management of potential and existing investment advisors. Evaluate operational risk at underlying managers, assess the risks involved and provide recommendations for improvements to control such risks. Document the results of the due diligence procedures, including any specific concerns and recommendations. Present details of the operational assessments to the Investment Committee(s). Analyze audited financial statements from underlying funds to identify departures from generally accepted accounting principles, qualifications of audit opinions, performance, expense impact, related party transactions and other unusual attributes. Evaluate potential investment structures to be used for direct hedge fund investments or individual less liquid secondary/co-investment opportunities. Provide comments for negotiation and implementation within governing documents and side letter agreements. Collaborate with various internal teams including MS AIP's investment, middle office, legal, and tax teams to ensure timely and successful execution of transactions. Assist in the creation and launch of separately managed accounts, setup to invest in various hedge fund strategies. Minimum Bachelor's degree, preferably in finance or accounting. CPA and/or CFA Charterholder preferred Strong presentation, communication and interview skills required. Minimum of three years experience in investment management industry, preferably with knowledge of hedge fund and/or private equity operations/controls and understanding of alternative investment strategies. Ability to apply knowledge and experience to a wide variety of alternative investment managers and operating environments to assess operational risks and identify potential concerns. Strong understanding of generally accepted accounting principles for alternative investment funds and ability to analyze audited financial statements for such funds. Ability to travel globally (position will require approximately 15-20% travel). Demonstrate ability to work effectively and independently in a team-oriented environment. Team-player instincts, with a professional demeanor characterized by collegiality, mutual respect, integrity, and thoughtfulness. 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. 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 comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. 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.