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. Learn more here: https://www.parametricportfolio.com/about
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.
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Opportunities in multiple locations: Seattle, Boston, & Alpharetta (Specific addresses at end of description)
ABOUT THE OPERATIONS ANALYST PROGRAM
The Operations Analyst program is designed for recent or soon to be college graduates to learn - then build upon - a foundation of knowledge in the investment industry with a focus on investment operations. New hires into this program will start their journey as part of a cohort of Operations Analyst. Over three weeks, participants experience a comprehensive firm and financial services overview which is designed with the goal of setting new hires up for success as Analysts in the Operations organization at Parametric. Operations Analyst program participants learn about products, services, and how various business units at Parametric - and across Morgan Stanley - work together. At the conclusion of the three-week program, participants are aligned to work in one of the many Operations teams which includes Portfolio Administration, Corporate Actions, Trade Settlements, Account Onboarding, Account Activity Management, Account Oversight, and Billing Solutions.
PRIMARY RESPONSIBILITIES
- Work with internal and external stakeholders and other key points of contact in a professional manner
- Research and resolve issues quickly and with a sense of urgency and accuracy.
- Communicate with internal and external contacts regularly to resolve issues, confirm information, provide status updates or information, among others
- Collect observations and turn into actionable insights and recommendations for improvement.
- Complete daily assigned operations transactions, which may include cash or position reconciliation, trade posting, processing market events, new account setup, account activity recording. Do so in an accurate, timely, and comprehensive manner
- Perform verification checks on similar work done by others on the team, to ensure accuracy of information
- Ensure thorough and accurate record keeping/maintenance of client records and files.
- Maintain metrics and data
- Ad-hoc and project work as needed.
JOB REQUIREMENTS
What we're looking for:
- Associate degree or bachelor's degree, with a concentration in Data Management, Finance, Accounting, Economics, or related area of study
- Strong Proficiency in Microsoft Office programs
- Ability to work independently and self-manage high volumes of data with tight deadlines
- Strong attention to detail & highly process oriented
- Strong problem solving and analytical skills
- Ability to work independently under tight deadlines
- Leadership skills are encouraged
- Excellent written and verbal communication skills
- Strong interest in starting a career in the investment management industry
- Must be able to work full-time (40 hours a week) by the program start date
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.
Cohort starts on July 07, 2025
Salary & Benefits: Set at $28.85 per hour ($60,000 annualized base), eligible for overtime.
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.
Alpharetta Office: 1 Edison Drive Alpharetta, GA 30005
Boston Office: One Post Office Square, Floor 21 Boston, MA 02109
Seattle Office: 800 Fifth Avenue, Suite 2800 Seattle, WA 98104
Relocation assistance is not provided for successful candidates.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Salary range for the position: $60,000-$90,000/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 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'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).