Job description
Associate Portfolio Manager - Parametric
Job Number:
3236325
POSTING DATE: Apr 24, 2023
PRIMARY LOCATION: Americas-United States of America-Georgia-Alpharetta
OTHER LOCATIONS: Americas-United States of America-Minnesota-Minneapolis, Americas-United States of America-New York-New York, Americas-United States of America-Massachusetts-Boston
EDUCATION LEVEL: Refer to Position Description
JOB: Asset/Investment Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate
DESCRIPTION
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’s 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.
General Description
Manages structured equity portfolios maximizing tax efficiency while tracking an index. Portfolio managers act as investment "engineers" — creating portfolios using optimization software to implement firm’s quantitative-based strategy. The Associate Portfolio Manager must continually measure performance, manage risk and control costs.
Manages structured equity portfolios maximizing tax efficiency while tracking an index. Portfolio managers act as investment "engineers" — creating portfolios using optimization software to implement firm’s quantitative-based strategy. The Associate Portfolio Manager must continually measure performance, manage risk and control costs.
Primary Responsibilities
Construct optimized equity index portfolios for separate accounts
Rebalance and transition portfolios to maximize tax-efficiency
Construct custom benchmark data
Monitor index changes and corporate actions
Generate after-tax return data for both portfolios and benchmarks
Performance attribution
Respond to client requests for analysis
Interact across teams including Technology, Research, Marketing, Client Service, Operations
Participate in process improvement and technology development efforts.
QUALIFICATIONS
Job Requirements
Bachelor’s (4yr) degree with concentration in finance, accounting, engineering or related quantitative focus
Preferred 4+ years professional experience in investment management or similar
Significant progress towards a CFA, MBA and/or another credential relevant to investment management or finance strongly preferred
Strong mathematical and analytical skills
Familiarity with academic financial theory and applications
Working knowledge of equity risk models and portfolio optimization preferred
Analytical writing ability
Salary range for the position: $70,000-$150,000. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.
Morgan Stanley and its affiliated companies are committed to the principles of equal employment opportunity and do not discriminate against any employee or applicant for employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital status, sexual orientation, or because of any other criteria prohibited under applicable federal, state or local law. Accordingly, applicants will be referred to Morgan Stanley solely on the basis of individual merit and achievement. Morgan Stanley takes affirmative action to ensure that applicants are employed and that employees are treated during employment without regard to their age, citizenship, marital status, sexual orientation, race, color, religion, gender, national origin, veteran status, disability or any other prohibited criterion.
smogtown13.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, smogtown13.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, smogtown13.com is the ideal place to find your next job.