Associate Portfolio Manager - Parametric
Morgan Stanley
Minneapolis, MN
See who Morgan Stanley has hired for this role
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'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.
This role is part of Parametric's hybrid working model, which includes working in the office 2-3 days a week and choosing to work remotely or in the office the remaining days of the week.
About The Role
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
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).
Salary range for the position: [$70,000 - $150,000] Yr. 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 X 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.
Posting Date
Jun 14, 2024
Primary Location
Americas-United States of America-Minnesota-Minneapolis
Other Locations
Americas-United States of America-Georgia-Alpharetta, Americas-United States of America-Washington-Seattle, Americas-United States of America-Massachusetts-Boston
Education Level
Refer to Position Description
Job
Asset/Investment Management
Employment Type
Full Time
Job Level
Associate
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'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.
This role is part of Parametric's hybrid working model, which includes working in the office 2-3 days a week and choosing to work remotely or in the office the remaining days of the week.
About The Role
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.
- Bachelor's (4yr) degree w/ 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
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).
Salary range for the position: [$70,000 - $150,000] Yr. 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 X 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.
Posting Date
Jun 14, 2024
Primary Location
Americas-United States of America-Minnesota-Minneapolis
Other Locations
Americas-United States of America-Georgia-Alpharetta, Americas-United States of America-Washington-Seattle, Americas-United States of America-Massachusetts-Boston
Education Level
Refer to Position Description
Job
Asset/Investment Management
Employment Type
Full Time
Job Level
Associate
-
Seniority level
Not Applicable -
Employment type
Full-time -
Job function
Business Development, Finance, and Consulting -
Industries
Financial Services, Investment Banking, and Investment Management
Referrals increase your chances of interviewing at Morgan Stanley by 2x
See who you knowGet notified about new Associate Portfolio Manager jobs in Minneapolis, MN.
Sign in to create job alertSimilar jobs
People also viewed
-
Impact Investment Senior Associate. Major Endowment, New York USA
Impact Investment Senior Associate. Major Endowment, New York USA
-
Mergers & Acquisition (M&A) / Investment Analyst
Mergers & Acquisition (M&A) / Investment Analyst
-
Prudential Private Capital: 2025 Power & Renewables, Investment Analyst Program
Prudential Private Capital: 2025 Power & Renewables, Investment Analyst Program
-
Investment Banking Associate 1/2 Tech M&A (Strong Middle-Market)
Investment Banking Associate 1/2 Tech M&A (Strong Middle-Market)
-
Real Estate Investment, Associate
Real Estate Investment, Associate
-
PE Investment Team Sr. Associate - Miami
PE Investment Team Sr. Associate - Miami
-
Investment Banking Restructuring Advisory Associate 1/2 (Elite Boutique)
Investment Banking Restructuring Advisory Associate 1/2 (Elite Boutique)
-
Associate Portfolio Manager, Fixed Income
Associate Portfolio Manager, Fixed Income
-
Investment Banking Vice President or Senior Associate, Leveraged Finance
Investment Banking Vice President or Senior Associate, Leveraged Finance
-
PGIM: 2025 Real Estate, Summer Investment Analyst Program
PGIM: 2025 Real Estate, Summer Investment Analyst Program
Looking for a job?
Visit the Career Advice Hub to see tips on interviewing and resume writing.
View Career Advice Hub