Portfolio &Trading Solutions - Tax Management, VP
Portfolio &Trading Solutions - Tax Management, VP
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$ 110000 - 180000
1 Vacancy
Job Description
Portfolio & Trading Solutions Tax Management
The Portfolio & Trading Solutions team provides investment products portfolio management services and customized managed solutions for Consulting Group advisory programs including Select UMA - the industry-leading Unified Managed Accounts program with over $600 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 Stanleys Financial Advisors and their clients.
Position Summary:
The Tax Managed Select UMA Team manages an industry-leading $220B innovative investment service that is a more customized subset of the larger UMA business. The service offers a highly specialized tax-smart investment solution for clients with tax sensitivities. The team is responsible for executing on a spectrum of tax trading strategies designed to minimize realized capital gains and enhance after-tax returns.
A Portfolio Manager in the Tax Managed Select UMA team would be responsible for:
- Managing trade generation in a tax-efficient way
- Supporting the continued development and enhancement of our proprietary trading system including creating strategy presentations and coordinating delivery of technology solutions with various internal stakeholders
- Proactively engaging Financial Advisors helping to identify business opportunities for growth and drivers of risk
- Assisting Financial Advisors with asset allocation appropriate investment selection and portfolio construction
- Presenting Tax Management solutions for specialized situations to Financial Advisors and clients
- Providing continuous oversight for and performing risk management of the account base
- Organizing attending coordinating meetings and conference calls with Financial Advisors in support of their Select UMA books or prospects
- Participating in continuous education with respect to firms global investment advice product research and industry trends
Qualifications:
- Bachelors Degree required. B.S. in Accounting Finance or Business Management preferred
- At least 7 years of professional experience Financial Services in a wealth management/portfolio management capacity 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
- Series 7 and 66 (alternatively both 63 and 65) designations a must
- Former portfolio management experience with tax efficiency a plus
- Proactive with flexibility to learn multiple business disciplines
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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Expected base pay rates for the role will be between $110000 and $180000 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 Stanleys 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).
Required Experience:
Exec
Employment Type
Full-Time
