Morgan Stanley | Associate, Quantitative Analyst – Parametric | New York, NY | United States | BigDataKB.com | 20 Oct 2022

Job Location: New York, NY

Associate, Quantitative Analyst – Parametric

Job Number:

3226282

POSTING DATE: Oct 18, 2022
PRIMARY LOCATION: Americas-United States of America-New York-New York
OTHER LOCATIONS: Americas-United States of America-Massachusetts-Boston
JOB: Asset/Investment Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate

DESCRIPTION

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 whatโ€™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 clientsโ€™ core holdings.

The role will focus primarily on driving implementation of SMA portfolios at scale, leveraging tools and technologies built in-house for portfolio management and trading. The SMA strategies include all strategies managed by the broader Fixed Income team. Additionally, the role will focus on quantitative research and data science projects to develop and grow the SMA fixed income strategies. Finally, the role will require the individual to operate in a project management capacity on development initiatives in partnership with investment technology.

PRIMARY RESPONSIBILITIES

    SMA Implementation

    • Collaborate with portfolio managers and traders on day-to-day investment responsibilities including monitoring portfolio positioning, execution, cash management and compliance
    • Push forward the implementation process related to trade output review and prioritization
    Portfolio Construction and Product Development

    • Develop and maintain new and existing portfolio construction algorithms
    • Create new products by modeling new strategies
    • Work with investment technology to help with workflow automation, data processing and general quantitative projects for all portfolio management teams
    Project Management and Product Ownership

    • Drive investment technology projects as the business stakeholder, interfacing with developers daily to execute strategic initiatives
    • Prototype trading and portfolio construction logic for the purpose of translation to production applications
    Quantitative Research and Data Science

    • Conceptualize and aid in innovative research studies, such as applying natural language processing to generate investment ideas
    • Engage in the teamโ€™s quantitative investment process by collecting, cleaning, processing and analyzing large datasets
    • Drive long-term research projects with supervision and support from the teamโ€™s portfolio managers and quantitative analysts.

QUALIFICATIONS

JOB REQUIREMENTS

Required:
    1-3 years of work experience
    Bachelorโ€™s degree or equivalent experience
    Demonstrated interest in investments and quantitative investment research
    Strong analytics background
    Ability to think creatively and propose new ways to employ quantitative tools
    Ability to concisely communicate quantitative concepts
    Must be able to work independently and as a member of a team
Preferred:
    Knowledge of object-oriented programing, python a plus
    SQL Server, MySql or other database experience
    NLP, Machine Learning or AI knowledge, cloud technology a plus
    Data visualization tools like Tableau, Power BI

Morgan Stanley and its affiliated companies are committed to the principles of equal employment opportunity and do not discriminate against any employee or applicant for employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital status, sexual orientation, or because of any other criteria prohibited under applicable federal, state or local law. Accordingly, applicants will be referred to Morgan Stanley solely on the basis of individual merit and achievement. Morgan Stanley takes affirmative action to ensure that applicants are employed and that employees are treated during employment without regard to their age, citizenship, marital status, sexual orientation, race, color, religion, gender, national origin, veteran status, disability or any other prohibited criterion.

Expected base pay rates for the role will be between $80,000 and $150,000 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.




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