Portfolio Manager - Parametric

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
The Overlay Solutions Portfolio Manager is responsible for management of custom client portfolios within Parametric's Overlay Solutions team, including LDI (liability driven investing) programs.

PRIMARY RESPONSIBILITES

• Responsibility for monitoring and maintenance of overlay and LDI client data in Parametric's investment system including external portfolio and pension liability data.
• Assume role as primary portfolio management contact for a subset of client relationships to include leading client calls and performance reviews.
• Actively discuss implementation alternatives and tradeoffs based on client objectives and constraints.
• Collaborate with LDI strategy and research teams to evaluate critical inputs for LDI portfolio management, including liability cash flows, discount curves, and liability hedging asset allocation.
• Collaborate with LDI strategy and fixed income portfolio management teams to develop and support client deliverables including both standard and customized reporting and analysis.
• Provide support to distribution and investment leadership in creating materials for prospective clients or consultants.
• Provide proactive thought leadership and idea generation to include white papers and strategy illustrations.
• Identify areas to improve efficiency and risk control throughout the implementation process, including working with the development team to create investment system enhancements.
• Participate in onsite and external meetings (may require travel).

JOB REQUIREMENTS

• 7+ years relevant experience in asset management or pension risk management
• Actuarial experience, certification, and/or direct involvement with pension risk management activities is preferred.
• Other relevant experience includes plan sponsor staff, investment consultant, or portfolio management roles with direct experience in pension risk management.
• Graduate degree and/or CFA is preferred.
• Experience in areas related to LDI, including fixed income strategies, overlay programs, asset-liability studies, and actuarial analysis.
• In-depth understanding of overlay and LDI instruments including Treasuries, corporate bonds, and derivatives.
• Demonstrated ability to operate successfully with minimal oversight.
• Strong communication, organizational, and time-management skills.
• Exercise business judgement and demonstrates strategic thinking.

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:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

Salary range for the position: $110,000 - $225,000/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).