Morgan Stanley Investment Management ("MSIM"), together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.5 trillion in assets under management or supervision as of March 31, 2024. Morgan Stanley Investment Management 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.
Portfolio Solutions Group (PSG), part of our Solutions and Multi-Asset Group, specializes in managing outsourced CIO programs, custom multi-asset portfolios and liquid alternative investment strategies. The team's expertise lies in partnering with institutional and high net worth investors to understand their unique needs and crafting solutions to help them achieve their overall investment objectives.
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PSG is looking for thoughtful and solutions-oriented candidates to join the team. The individual will function as a quantitative research analyst and engage in the development, implementation, and utilization of quantitative tools for asset allocation, portfolio construction, and customized investment solutions. The primary responsibilities include:
- Research and develop quantitative portfolio construction tools for allocations across a broad range of financial investments
- Design investment solutions to be deployed for institutional clients who generally have complicated investment objectives and constraints, including pension funds, endowments and foundations, financial institutions, and ultra-high net worth clients
- Conduct quantitative analysis to assess investment opportunity sets and key risks for various investment strategies for possible inclusion into portfolio
- Perform multi-asset portfolio analysis for prospects and provide investment recommendations that enhance portfolio characteristics
- Assistance in the development of proprietary quantitative tools, including alpha forecasting tool, portfolio optimization and risk management tools.
Candidate Qualities
- Pursuing an advanced degree (MS/MA) in Mathematics, Statistics, Financial Engineering, or a related field and will graduate between December 2025 and June 2026
- Proficiency in coding (Python or Matlab preferred)
- Resourceful, self-motivated individual with intellectual curiosity able to demonstrate creative approach to problem solving, and strong work ethic are necessary requirement for success in the position
- Strong attention to detail, follow up and overseeing projects through completion
- Must be able to produce high-quality work independently and excel in a team environment
- Must be able to work under time sensitive constraints
Application Process and Deadline
In order to be considered, candidates must apply with their resume through the Morgan Stanley website and complete their HireVue digital questionnaire. Resumes will be reviewed on a rolling basis until the role is filled or the application deadline, whichever comes first. Applications must be submitted by Friday, October 11, 2024 at 11:55 PM EST and HireVues completed by Sunday, October 13, 2024 at 11:55 PM EST in order to be considered.
Expected base pay rate for the role will be $60.10 per hour at the commencement of employment. However, base pay is only part of the total compensation package, which, depending on the position, may also include discretionary bonuses and other Morgan Stanley sponsored benefit programs.
Job Level
Associate
Program
Summer Associate