OCIO Portfolio Manager - UHNW

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.Outsourced Chief Investment Officer (“OCIO”) group partners with Morgan Stanley Financial Advisors across all channels to offer full discretion portfolio management services to institutional and private clients (e.g., Defined Benefit plans, Endowments, Foundations, Ultra-High Net-Worth, Family Offices, etc.) of Morgan Stanley Wealth Management.Responsibilities• * Build and manage client portfolios for OCIO’s UHNW and Single Family Office clients• * Including all asset allocation, manager selection, portfolio construction, risk management, and portfolio monitoring tasks• * Experience with concentrated equity positions preferred• * Engage with clients to perform client discovery, draft investment policy statements, provide quarterly reporting, and other tasks relevant to the OCIO space• * Ensure the smooth-functioning of administrative and operational activities, including those involving outside custodians and trading, reporting, and client cash flows• * Partner with internal advisors / consultants and OCIO’s business development team to win new clients and raise new assets• * In collaboration with other subject matter experts; create commercial intellectual capital for use with clients and prospects to engage on topics related to the areas of expertiseKnowledge And Skills• * 5+ years of investment-related experience serving individuals and families in a wealth management or investment consulting capacity• * Experience and knowledge in investment/ wealth management platforms and vehicles, including managed account platforms, mutual funds, ETFs, separate accounts, and alternative investments• * Experience and knowledge in global capital markets, technical expertise across asset classes preferred• * Firm understanding of portfolio management concepts including modern portfolio theory, asset allocation, portfolio construction, manager selection, risk management and performance attribution• * Understanding of UHNW planning techniques and strategies preferred• * Proficiency in Microsoft Office including Excel, PowerPoint, and Access• * Strong organizational and project management skills• * Must be very detail-oriented, with an ability to multi-task and handle multiple priorities• * Exemplary verbal and written communication skills• * Proactive & hard working with strong professional accountabilityQualifications• * Undergraduate degree is required• * Graduate degree, CFA, CAIA and other professional designations are preferred• * FINRA Series 7 and 66 (or Series 63/65) is required or willingness to obtain within 120 daysExpected base pay rates for the role will be between $110,000 and $185,000 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).Posting DateAug 29, 2024Primary LocationAmericas-United States of America-New York-PurchaseEducation LevelBachelor's DegreeJobWealth ManagementEmployment TypeFull TimeJob LevelVice President