Assistant Vice President, WM Global Investment Office – Portfolio Manager – UHNW Team
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Job Location:
New York City, NY - USA
Yearly Salary:
$ 85000 - 135000
Posted on:
14 hours ago
Vacancies:
1 Vacancy
Job Summary
- Build and manage client portfolios for OCIOs UHNW and Single Family Office clients
- Including all asset allocation manager selection portfolio construction risk management and portfolio monitoring tasks
- Educate clients on basic and leveraged gifting techniques employed in UHNW planning
- Understand downstream implications of UHNW planning and how it affects holistic asset allocation and cash flow needs for clients
- 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 OCIOs 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 expertise
- 4-6 years of investment-related experience serving individuals and families in a wealth management or investment consulting capacity.
- A solid understanding and experience in tax trust and estate planning is highly desirable.
- Experience in modeling UHNW planning including advanced planning and tax management strategies.
- Knowledge and experience in investment/wealth management platforms and vehicles including managed account platforms mutual funds ETFs separate accounts and alternative investments.
- Familiarity with global capital markets with 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.
- Proficiency in Microsoft Office including Excel and PowerPoint.
- Strong organizational and project management skills.
- Detail-oriented with the ability to multitask and handle multiple priorities.
- Exemplary verbal and written communication skills.
- Proactive and hardworking with strong professional accountability.
- Undergraduate degree is required
- Graduate degree CFA CAIA and other professional designations are preferred
- FINRA Series 7 and 66 is required after hiring (additional licensing may be required)
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 $85000 and $135000 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
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
About Company
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, ... View more
