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.
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
This position is responsible for assisting the Director, Product Management - Liquid Alternatives & Overlay in business leadership and strategy including driving new product opportunities, competitive positioning, guidance on fees, and customizations offered.
PRIMARY RESPONSIBILITIES
– Subject matter expert across all Liquid Alternatives & Overlay solutions
– Matters that the individual will be directly responsible for include:
o Creation and management of a business plan to identify and prioritize product needs by channel and push for strategic ways we can advance our story, channel position, etc. to grow business
o Own the tasks associated with those priorities and report progress against those at least quarterly to senior management
o Delivery of product information to channels, including strategy commentaries, AUM reports, and competitor reports
o Central point for questions about business structure, operational issues, ad hoc requests, etc.
o Final review of monthly and quarterly marketing materials for assigned products
o Write/review RFI responses as subject matter expert
– Manage longer term projects and one-off requests tied to specific assigned responsibilities
– Responsible for defining competitive market requirements and opportunities and providing ongoing support to ensure the competitiveness of the aforementioned products
– Coordinate marketing, sales, relationship management, product specialists, operations, and technology staff to effectively support and promote products
– Participate in Investment Committee meetings related to the products: represent directions of business, marketing and sales to the portfolio strategist, portfolio management and implementation teams
– Interface with Trading and Portfolio Management to address questions regarding account set up, trading issues, rule clarification, etc.
JOB REQUIREMENTS
– Bachelor's degree
– Master’s degree and/or CFA designation desirable
– 3 years of directly related experience in the area of investment strategy product management.
– 5 years of work experience in investment industry.
– Thorough understanding of the investment management industry, institutional and retail distribution of separate accounts, private funds and mutual funds
– Committed to ongoing study of investment products and communications program development and management
– Motivated leader with a strong work ethic and a reputation for personal integrity
– Self-starter with bias toward action
– Exhibit executive presence and have strong public speaking skills
– Work effectively within a team-oriented, collaborative environment
– Proficient computer skills
– Strong problem-solving skills and seasoned judgment
– Demonstrated leadership skills and a proven ability to motivate and manage professionals to achieve outstanding results
– Strong interpersonal, management, writing, and editing skills
– Attention to detail and accuracy
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: $70,000 - 150,000/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).