Principal Program Manager - Parametric
$115k - $225kMorgan Stanley
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
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'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 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 TEAM
Parametric's Strategic Project Management Office (SPMO) is a varied group of Program and Project Managers at multiple levels. Our primary purpose is to drive the delivery of critical programs and projects that are structured to achieve our corporate strategy. We also serve as the central point of coordination for stakeholders, ensuring scope, timelines, blockers, and dependencies are effectively managed. While we are focused on alignment of programs with corporate objectives and successful delivery, we place equal emphasis on individual career growth and continued improvement of SPMO capabilities. This focus on individual growth paired with continuous SPMO improvement helps ensure the team remains adaptable, high-performing, and positioned to support evolving business needs. ABOUT THE ROLE
The Principal Program Manager will be a key member of Parametric’s growing and dynamic Project Management Office. This role will work across multiple business teams and interface with technology while being chiefly responsible for structuring, planning, and executing high visibility and high priority strategic enterprise initiatives. This person will manage both programs and individual projects to drive the delivery of our corporate strategy.
As Principal Program Manager, you will play a critical role in leading large complex programs to deliver firm-wide strategic objectives by implementing business and technology solutions along with measuring the impact of these solutions. You will be responsible for overseeing and coordinating multiple projects within the program, ensuring they align with the overall strategic objectives by developing implementation plans, tracking progress and risks, clearing roadblocks, and collaborating with cross-functional teams to achieve desired business outcomes; essentially acting as a bridge between strategic planning and project execution. This role is highly cross-functional and will require a strategic thinker comfortable with ensuring cross-departmental alignment, building tools, processes, and capacity to achieve the organization’s goals. The position will report to the Director, Project Management Office but will be closely partnered with Senior Business Stakeholders and IT Leaders across the organization.
In this role, you will leverage your experience, knowledge, and skills to grow the PMO and you will be an active participant in establishing and maintaining an agile, innovative, creative, service and leadership-oriented team of project and program managers. You will be key to developing relationships across the organization and in driving toward critical business strategies and objectives. Although the Principal Program Manager will have no direct reports initially, you will be an integral part of team member development and will act as a mentor to one or more project/program managers.
ABOUT YOU
- You can affect change at Parametric.
- You are highly organized and accountable and can lead others through complex programs/projects and strategic deliveries.
- You want to be a key part in enhancing client engagement and experience while interfacing with technology delivery.
- You seek a collaborative relationship with your business partners and multiple IT delivery teams.
- You are an active learner, open-minded and innovative.
- You work well in a fast-paced constantly changing environment.
- You are interested in high-velocity software delivery with quality and customer experience in mind.
PRIMARY RESPONSIBILITES
- Partner with senior leaders in delivering key results to meet strategic objectives.
- Manage implementation activities for high profile, high visibility, concurrent work-streams.
- Lead program steering committee meetings to provide program updates and clear blockers.
- Develop and deliver program communications and roadmaps.
- Lead the team through translating business use cases into functional specifications and work with team leaders on work-breakdown.
- Drive issue resolution.
- Track OKRs and program success metrics.
- Bring together cross-functional business and technology teams to deliver connected, enterprise strategies, solutions, capabilities, and execution roadmaps.
- Participate in building and maintaining PMO standards, processes, and controls across the enterprise portfolio.
- Act as a mentor for other PMO resources.
JOB REQUIREMENTS
- Bachelor’s degree preferred, Master’s degree is a plus.
- 10+ years of Program Management experience required, with proven ability to manage multiple related and concurrent workstreams.
- Financial Investment Management experience is a strong plus.
- PMP, PgMP, PMI-ACP, and/or CSM certification strongly preferred.
- Proven ability as liaison between technical teams and business visionaries – not a “go between” but rather facilitator and someone who can capture the vision from both points of view into a cohesive roadmap and implementation plan.
- Lead and facilitate executive level communications, presentations, and meetings.
- Proven ability to write well-formed, clear communications and documentation.
- Excellent communication and presentation skills.
- Absolute passion for enhancing the client experience through operations and technology.
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:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.
To learn more about our offices across the globe, please copy and paste into your browser.
Salary range for the position: $115,000 - $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.
Expected base pay rates for the role will be between $115,000 - $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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: .
$115k - $225k
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