Portfolio Management Associate Director - CFA

Position Summary

The Portfolio Management (PM) Associate Director is a vital part of the Wealth Management team who assists Financial Advisors / Private Wealth Advisors with the development and execution investment strategies based on client goals.

The Portfolio Management Associate Director works with the Financial Advisor / Private Wealth Advisor to create customized investment plans for clients, creates reporting on investment activity and performance and communicates effectively with clients regarding their accounts, market conditions and economic trends. This role requires an in-depth understanding of market conditions, trends, and economic trends.

DUTIES and RESPONSIBILITIES

Portfolio Management & Business Development

• Makes asset allocation recommendations to the team and sets up the portfolio in conjunction with the Financial Advisor / Private Wealth Advisor
• Critically examines current holdings to evaluate if portfolio action is warranted
• Proactively evaluates and upgrades platforms for the Portfolio Management Group
• Implements decisions by using PM trading platforms or other Firm's online technologies to input trades
• Determines scope of and performs necessary database and internet research, screenings and produces monthly or quarterly reports using proprietary software
• Leads research meetings
• Identifies swap opportunities
• Conducts credit research and develops valuation models

Client Support

• Supports Financial Advisors / Private Wealth Advisors in analyzing portfolios and developing advanced PM solutions and strategies for clients
• Manages clients' estate, trust, retirement, and insurance objectives with the Financial Advisor / Private Wealth Advisor
• Screens new client prospects that are developed through leads and referrals to determine suitability for addition to group
• Develops marketing and seminar materials and helps distribute targeted presentations to clients on behalf of the Financial Advisor / Private Wealth Advisor
• Supports Financial Advisor / Private Wealth Advisor in meetings to discuss investment strategy options and performs market reviews

Education and/or Experience

• 10+ years of experience in a field relevant to the position required
• Advanced degree or professional certification or prior industry experience required
• Active Series 7 (GS) and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA)
• Must hold and maintain the CFA designation
• Additional product licenses may be required
• Strong compliance record

Knowledge/Skills

• Enjoys working with people and solving problems
• Effective written and verbal communication skills
• Proficient in applicable software applications
• Strong understanding of applicable compliance rules, regulations and firm policies
• Knowledge of financial industry and investment products preferred
• Successful completion of the Portfolio Management Coursework or holds the CFA designation
• Detail-oriented with superior organizational skills and ability to prioritize tasks
• Able to work independently and effectively on a team
• Ability and interest in working in a fast-paced, evolving environment

Reports to

• Complex Business Service Officer and/or Business Service Officer

What You Can Expect from Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 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.

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