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 forty-one 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.
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 TEAM
The Investment Operations team at Parametric provides daily operational support to multiple Investment teams. They work closely with internal teams to ensure timely and accurate information is provided as well as facilitate all post-trade functions as needed. The team focuses on collaborating amongst each other to process all tasks throughout the day.
ABOUT THE ROLE
The Investment Operations Specialist works closely with the team on ensure all sponsors have the most accurate models each day. The role focuses on implementing model changes across a wide range of sponsors in a timely and accurate manner. In addition, the role may consist of facilitating trade orders to respective sponsor trade desks.
GENERAL DESCRIPTION
Provide critical business support for operational activities of Parametric's Investment Operations Team. Primary responsibility is to maintain high service levels while improving the operational infrastructure.
PRIMARY RESPONSIBILITES
- Provide functional support to portfolio managers, traders, and portfolio administrators for Parametric portfolios and order management systems.
- Responsible for ensuring daily activities, including client transactions, account maintenance, portfolio data reconciliation, and portfolio implementations are completed in a timely and efficient manner.
- Provide reconciliation support.
- Work with external partners across SMA sponsors on all client inquiries that impact workflows and investment process.
- Facilitate the accurate and timely delivery of critical business information between all necessary parties.
- Collaborate with fellow colleagues to ensure all daily SMA Muni fixed income functions are completed concisely each business day.
- Act as Business Owner of investment related data, cash activity reports, and daily account processing
- Execute and settle trades between Sponsors and Brokers on various trading systems.
- Work closely with IT to improve on automation and efficiency.
JOB REQUIREMENTS
- Bachelor's degree
- 1 to 3 years of operations and/or related experience
- Working knowledge of the financial services industry, investment products, and services
- Strong analytical, organizational, and communication skills
- Strong problem-solving skills and ability to work with others implementing solutions
- Strong attention to detail with positive, enthusiastic attitude
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.
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).
