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Portfolio Manager - Parametric

AT Morgan Stanley
Morgan Stanley

Portfolio Manager - Parametric

Minneapolis, MN

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 is 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.

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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
Portfolio Manager, Institutional Fixed Income, will have responsibility for the continued investment success of fixed income strategies at Parametric. The primary responsibilities of this role will be to manage and trade client portfolios, create standard and custom analysis, and support strategic growth initiatives. This role is expected to collaborate closely with leaders and other members of the Fixed Income, Overlay Solutions, and LDI teams.

PRIMARY RESPONSIBILITIES
- Manage Institutional Fixed Income accounts across Treasuries, STRIPS, TIPS, repo, and synthetic mandates, including trading responsibilities. Synthetic instruments may include interest rate or credit futures and swaps.
- Work with team of portfolio managers, investment analysts, and research to maintain models for index and internal portfolios.
- Work collaboratively with Overlay Solutions and LDI teams to implement these strategies, including executing physical and synthetic trades.
- Manage trading relationships in support of Best Execution and Counterparty Management policies.
- Work independently and in teams to develop recommendations for institutional fixed income strategies.
- Produce content including commentary, papers, client reviews, and prospect analyses.
- Participate in client reviews and general sales meetings as requested.
- Interact with Distribution and Client Service teams to provide commentary and update or create new material in support of our institutional fixed income strategies.

JOB REQUIREMENTS
- Bachelor's degree, with an advanced degree in Finance, Economics, Statistics, Mathematics or related field preferred
- CFA designation strongly preferred
- 5+ years of relevant investment management experience
- In-depth understanding of fixed income markets, in particular US Treasury markets
- Experience with synthetic instruments such as futures, swaps, and repo, is preferred
- LDI or pension actuarial expertise is a plus
- Strong analytical skills including the ability to develop and maintain quantitative models
- Strong communication skills, including writing, editing, and the ability to present complex material to clients, investment advisors, consultants, and at industry conferences
- Position may require travel up to 20% of the time

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.

Expected base pay rates for the role will be between $110,000 and $225,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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).

Client-provided location(s): Minneapolis, MN, USA
Job ID: Morgan-549782945150
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • FSA
    • Virtual Fitness Classes
    • HSA
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Return-to-Work Program
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Leave of Absence
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Internship Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)