Portfolio Manager - Parametric

ABOUT MORGAN STANLEY
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

ABOUT PARAMETRIC
Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what is important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings.

This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.

ABOUT THE ROLE
Manages index tracking portfolios and active equity model portfolios while maximizing tax efficiency. Portfolio Managers act as investment engineers - creating portfolios using a rules-based approach to implement the firm's quantitative-based strategies. The Associate Portfolio Manager must continually monitor performance, manage risk, and control costs.

PRIMARY RESPONSIBILTIES

• Manage passive and active global equity portfolios for US & UCITS mutual funds, private commingled vehicles, and separate accounts
• Maintain and monitor account specific restrictions and guidelines
• Monitor index changes, corporate actions, and valuation issues
• Validate returns and performance attributions
• Stay abreast of country specific events impacting trading, settlement, pricing and performance
• Assist with prospect and client requests for analysis
• Interact with internal groups: Trading, Technology, Research, Product Management, Operations, Investment Strategy, Institutional Client Service, Reporting
• Participate in process improvement and technology development efforts as needed
• Potential to work on strategy evolution, custom new strategies and research efforts

JOB REQUIREMENTS

• Bachelor's degree in finance, accounting, engineering or a related quantitative field
• 3+ years of professional experience in investment management or similar is required, or equivalent combination of experience, education, and certification. Internal candidates with 2.5+ years' experience with the firm will be considered.
• Significant progress towards CFA charter, master's degree, and/or another relevant credential
• Strong mathematical, analytical, and Excel skills
• Familiarity with academic financial theory and applications
• Global mindset and/or prior experience in international markets
• Working knowledge of equity risk models and portfolio optimizers preferred
• Programming skills a plus, such as SQL, Python, and R

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $70,000 and $140,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.