What are the responsibilities and job description for the Client Engagement - Portfolio Solutions Group - Off-Cycle Intern position at Morgan Stanley?
Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,100 investment professionals around the world and $1.5 trillion in assets under management or supervision as of March 31, 2024. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
The Portfolio Solutions Group is a comprehensive multi-asset business, with activity across all asset strategies and types (traditional and alternative), through solutions that span fully liquid (equity, fixed income and commodities), comprehensive (public and private assets) and fully private portfolios (private equity, private real assets, private debt and hedge funds). Offerings are delivered via a managed portfolio or model, in discretionary or advisory format. The team’s expertise lies in partnering with institutions, intermediaries, family offices and high net worth investors to understand their unique needs and crafting solutions to help them achieve their overall investment objectives.
PSG Portfolio Specialists drive new business development, service existing clients and perform research to create content for distribution. The Portfolio Specialist will work with the team on client requests, answering specific questions and performing regular portfolio reviews, as well as acting as a liaison with the investment teams, internal departments (sales, marketing, product development, etc) and clients or prospects. The level for this role is Intern.
Key Responsibilities
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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 https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be $55 per hour 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'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).
The Portfolio Solutions Group is a comprehensive multi-asset business, with activity across all asset strategies and types (traditional and alternative), through solutions that span fully liquid (equity, fixed income and commodities), comprehensive (public and private assets) and fully private portfolios (private equity, private real assets, private debt and hedge funds). Offerings are delivered via a managed portfolio or model, in discretionary or advisory format. The team’s expertise lies in partnering with institutions, intermediaries, family offices and high net worth investors to understand their unique needs and crafting solutions to help them achieve their overall investment objectives.
PSG Portfolio Specialists drive new business development, service existing clients and perform research to create content for distribution. The Portfolio Specialist will work with the team on client requests, answering specific questions and performing regular portfolio reviews, as well as acting as a liaison with the investment teams, internal departments (sales, marketing, product development, etc) and clients or prospects. The level for this role is Intern.
Key Responsibilities
- Play a key support role in PSG business development by updating and customizing marketing materials, gathering new business opportunities, and serving as a resource for new and existing client inquiries.
- Assist in the completion of Request for Proposals (RFPs) and other client questionnaires.
- Alongside other Portfolio Specialists on the team, contribute to managing existing client relationships and help coordinate client deliverables and review meetings.
- Support the production of thoughtful and timely market outlook, portfolio activity and thematic investment content for existing and prospective clients.
- Work alongside sales and other Portfolio Specialists on the team to help organize roadshows and meetings to promote the PSG offerings and drive new business.
- Perform market research to keep abreast of product trends and ensure PSG’s product suite is innovative and in line with sales teams’ expectations.
- Liaise with other teams within MSIM, including Legal, Compliance, Risk, Sales, Marketing, and Product Management, to ensure successful coordination and servicing of client accounts, particularly as it relates to materials.
- Provide ongoing support to the Portfolio Specialist team on ad-hoc requests. Liaise with Mumbai-based colleagues on client reports, market commentaries, and required client deliverables.
- An undergraduate in business, finance, marketing or other related field.
- Knowledge of multi-asset and/or alternative investments beneficial.
- Spanish, Arabic or Mandarin speaking beneficial.
- 0-3 years of experience in the financial services industry, in an investment/portfolio specialist, sales, investor relations, business development or marketing capacity preferred.
- Excellent written and verbal communication skills.
- Ability to manage and execute simultaneous projects and tasks without reminders.
- Strong attention to detail.
- Team player who enjoys working with others and reaching out proactively throughout the firm to gather information.
- PSG serves a global client base. Willingness to provide exceptional ongoing and bespoke service requires flexibility, meeting tight timelines, and thriving in a fast-paced work environment.
- Experience reviewing complex financial data sets is a plus.
- Highly proficient in PowerPoint, Word and Excel.
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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 https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be $55 per hour 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'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).
Salary : $55
