Institutional Portfolio Monitoring - Associate

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

An Investment Policy Statement (IPS) is a formal written document that describes how a client intends their portfolio to be invested with guidelines regarding the portfolio’s asset allocation, investment restrictions, permitted investments, and guides the Financial Advisor’s recommendations to the client. IPSs are used primarily by institutional clients.

Institutional Portfolio Monitoring Risk (IPMR) monitors client IPSs under Wealth Management Institutional Client Segment Risk using cloud based SAAS and other internal technology solutions to monitor portfolios under a systemic model and escalates portfolio variances to portfolio managers and their supervisors for action and correction.

The ideal candidate for this role will be a seasoned investment professional with deep investment product knowledge, experience across all asset classes, and a solid grounding in modern portfolio theory, adept at identifying and articulating portfolio risks with clarity and precision.

The IPM role is a non-revenue sharing position that reports to the Vice President of Institutional Portfolio Monitoring Risk.

Duties

• Oversee, onboard, and monitor client portfolios subject to Investment Policy Statements

• Parse written investment guidelines into mathematical, logic-based rules

• Follow written supervisory procedures

• Partner with vendors and internal partners including Institutional Consulting Solutions business, Institutional Client Segment Risk, Legal, and Field Risk Officers

• Build warm working relationships with all levels of leadership, Institutional Business Owners, Financial Advisors/Private Wealth Advisors/Portfolio Managers and Client Service Professionals

• Demonstrate strong attention to detail, collaborate effectively in a team-based environment and assume ownership of multiple team tasks

• Proactively monitor and assess all types of financial and non-financial risk

• Educate, communicate, and explain difficult concepts in a clear and concise manner to colleagues at all levels in the Firm

Knowledge, Skills, and Abilities

• Knowledge of SEC, FINRA and Firm compliance policies and procedures

• Strong analytical skills and attention to detail

• Background and experience in financial services, preferably in control partner advisory Risk or Compliance

• Strong experience and knowledge of financial products and how they work

• Ability to prioritize and thoroughly investigate complex subjects, problem solve and understand when to escalate

• Ability to create and deliver presentations to senior level employees

• Ability to learn and process information quickly

• Self-driven and proactive, with a strong ability to work independently and take initiative in identifying solutions

• Demonstrated proficiency in time management, with the ability to prioritize tasks effectively in a fast-paced environment

• Effective written and verbal communication skills

• Strong Excel skills

• Familiarity with Clearwater Analytics software platform or other coding experience is a plus

• Strong work ethic

Experience

• 5 or more years of financial industry experience

• Experience and knowledge of Investment Policy Statements a plus

Education

• Bachelor's degree (Finance or Economics a plus)

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.

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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).