Portfolio Manager – Parametric
| Company | Morgan Stanley |
|---|---|
| Location | Seattle, WA, USA, Minneapolis, MN, USA |
| Salary | $110000 – $225000 |
| Type | Full-Time |
| Degrees | Master’s |
| Experience Level | Senior, Expert or higher |
Requirements
- 7+ years relevant experience in asset management or pension risk management
- In-depth understanding of overlay and LDI instruments including Treasuries, corporate bonds, and derivatives
- Demonstrated ability to operate successfully with minimal oversight
- Strong communication, organizational, and time-management skills
- Exercise business judgement and demonstrates strategic thinking
Responsibilities
- Responsibility for monitoring and maintenance of overlay and LDI client data in Parametric’s investment system including external portfolio and pension liability data
- Assume role as primary portfolio management contact for a subset of client relationships to include leading client calls and performance reviews
- Actively discuss implementation alternatives and tradeoffs based on client objectives and constraints
- Collaborate with LDI strategy and research teams to evaluate critical inputs for LDI portfolio management, including liability cash flows, discount curves, and liability hedging asset allocation
- Collaborate with LDI strategy and fixed income portfolio management teams to develop and support client deliverables including both standard and customized reporting and analysis
- Provide support to distribution and investment leadership in creating materials for prospective clients or consultants
- Provide proactive thought leadership and idea generation to include white papers and strategy illustrations
- Identify areas to improve efficiency and risk control throughout the implementation process, including working with the development team to create investment system enhancements
- Participate in onsite and external meetings (may require travel)
Preferred Qualifications
- Actuarial experience, certification, and/or direct involvement with pension risk management activities is preferred
- Graduate degree and/or CFA is preferred
- Other relevant experience includes plan sponsor staff, investment consultant, or portfolio management roles with direct experience in pension risk management
- Experience in areas related to LDI, including fixed income strategies, overlay programs, asset-liability studies, and actuarial analysis