UMA Portfolio Manager

Portfolio Solutions Team

The Portfolio Solutions team provides investment products, portfolio management services, and Tax Management solutions for Consulting Group advisory programs, including Select UMA - the industry-leading Unified Managed Accounts program with over $423 Billion in assets under management. The team offers a comprehensive, unified approach to asset allocation, manager selection, account management, trading, and overall relationship management to Morgan Stanley’s Financial Advisors and their clients.

Portfolio Management Position Summary -
The primary role of the Portfolio Manager (PM) is to implement Investment Managers trades and manage accounts in Offshore UMA and Outside Custody Institutional programs.  PMs work directly with the Investment Managers’ teams throughout the model delivery and trading process. (e.g., understanding Investment Manager’s strategy, answering model delivery questions, assisting in accessing trade execution and account analytics information).  PMs also work closely with the Trade Solutions trading desk team.

Key Responsibilities:

• Implement Investment Manager models based on clients' guidelines and program specifications (e.g., asset allocation specifications)
• Interact as a liaison between Investment Managers, financial and Graystone advisors, and clients  
• Provide portfolio and individual account analysis, portfolio construction, implementation and daily management
• Manage and coordinate trade implementation and interact with trading team, as well 3^rd party vendor Fi-Tek
• Participating in developing solutions and enhancements that drive business efficiencies and propel growth
• Daily account management based on client requests and program specifications (e.g., rebalancing thresholds)
• Provide customized services that include cash management, restriction management custom asset allocation models, portfolio rebalancing, multiple-accounts coordination and gradual portfolio transitions.
• Service Financial Advisors by providing information about Investment Managers, vehicle types and individual products
• Provide assistance to Financial Advisors, Consulting Group Sales Directors and Consulting Group Sales Support Desk by communicating program details effectively and efficiently

Understand all aspects of the business and participate in discussions including contracting, marketing, and business development activities on an ongoing and active basis

• Trade Execution
  • Equity SMA portfolios
  • ETFs/UCITs
  • Domestic Mutual Funds
  • International Mutual Funds
• FA/Client Service
  • One Point of Contact
  • FA and Client Conference Calls (including clients ranging from institutions to ultra-high net worth non-resident clients)
  • Portfolio Reviews

• Active Licenses:  Series 7, 66 (63 & 65), or within 90 days of start date
• Equivalent to Bachelor’s degree with business related coursework.  B.S. in Accounting, Finance, or Business Management preferred
• Knowledge of financial securities markets, Advisory programs and products, as well as legal and regulatory requirements
• Ability to deliver as an individual contributor while being a strong team player
• Ability to adapt to a continually changing work environment while managing multiple priorities
• Excellent communication skills in both verbal and written forms
• Self-starter who is motivated to grow with the business and can creatively drive business development activities
• Proactive problem-solver who can independently drive business projects forward in collaboration with key stakeholders
• Willingness to travel occasionally

Expected base pay rates for the role will be between $85,000 and $135,000 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'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 : $85,000 - $135,000