Investment Engineer - Parametric

183 Parametric Portfolio Associates LLC; Edina (MN); Hybrid; USD 70,000 - 140,000; Full time

Benefits offered by this job

Medical, Prescription Drug, Dental, 2

401(k) plan and other benefits

Job summary

Parametric Portfolio Associates LLC is seeking an Investment Engineer to collaborate with Portfolio Management and Research to enhance data quality, analysis, and client content. This role focuses on internal support for portfolio management and strategic initiatives, including automation and scalable analytics.

The candidate will build and maintain quantitative tools, engage with clients, and advance investment processes while leveraging derivatives knowledge and exposure toOverlay Solutions.

Qualifications

• 5+ years relevant experience in investment/quantitative roles.
• In-depth knowledge of investment industry and quantitative methods.
• Proficiency in Python, SQL, or related languages preferred.
• Graduate degree and/or CFA preferred.
• Understanding of Overlay Solutions and related investment instruments.
• Direct experience with derivative instruments (swaps, options, futures) is required.
• Experience with Quantitative Investment Strategies offered by banks is preferred.
• Ability to manage and coordinate multiple projects with high attention to detail.
• Ability to work collaboratively in a team and take initiative.
• Willingness to learn new technologies and coding languages.

Responsibilities

• Maintain and enhance existing investment analysis processes, develop new quantitative content, and complete client-requested analyses.
• Serve as liaison between Portfolio Management and Research for quantitative content.
• Develop familiarity with clients, investments, and market positioning.
• Implement automation to improve efficiency and scalability of client analysis and content generation.
• Ensure data integrity controls support portfolio management and client accounts.
• Produce client deliverables and serve as a key contact for the team.
• Arrange training for investment professionals on analyses and tools.
• Provide technical support to Portfolio Management with systems and product knowledge.
• Contribute to related tasks for client and strategic initiatives.

Skills

Investment knowledge

Derivatives experience

Overlay Solutions

Quantitative strategies

Project management

Teamwork

Problem solving

Learning agility

Initiative

Leadership potential

Attention to detail

Education

Graduate degree

CFA

Tools

Python

SQL

Job description

ABOUT MORGAN STANLEY

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

ABOUT PARAMETRIC

Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what is important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings. This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.

ABOUT THE ROLE

The Investment Engineer, Overlay Solutions partners with the Portfolio Management and Research teams to enhance the quality of both internal and external data, analysis, and content. This role primarily serves in an internal-facing capacity, focused on supporting portfolio managers in managing client portfolio and providing high-quality analysis and content to clients. The Investment Engineer will support the maintenance and continuous improvement of various internal investment processes as well as generation of new analysis and content based on unique client requests or strategic initiatives. data integrity. This person has a strong desire to internally support and enable business development and relationship management in an institutional client base investment context.

PRIMARY RESPONSIBILITES

• Work with key stakeholders in Overlay Solutions to maintain and enhance existing investment analysis processes, develop new quantitative content, and complete custom analysis based on client requests
• Serve as liaison between Portfolio Management and Research in support of quantitative content supporting Overlay Solutions
• Develop and maintain familiarity with our clients, investment offerings, and market positioning
• Implement automation to increase team efficiency and improve the scalability of client analysis and other content generation
• Ensure consistent processes and data integrity controls are applied to support the Portfolio Management team in the management of client accounts
• Serve as a key contact for the production of client deliverables
• Arrange training for investment professionals to ensure high-caliber client support and understanding of existing and new analyses and other content
• Serve as a technical resource to the Portfolio Management Team, with the ability to handle standard and ad hoc requests through the application of systems, product knowledge, and professional relationships
• Participate in other related tasks to support our clients or strategic initiatives, as needed

JOB QUALIFICATIONS

• 5+ years relevant experience, including successful experiences in a similar role
• In-depth knowledge of investment industry and related quantitative methods
• Proficiency in Python, SQL, or related languages is preferred
• Graduate degree and/or CFA is preferred
• Understanding of Overlay Solutions and related investment instruments
• Direct experience with derivative instruments, including swaps, options, and futures is required
• Experience with Quantitative Investment Strategies offered by investment banks preferred
• Demonstrated ability to manage, prioritize, and coordinate simultaneous projects and tasks with a high attention to detail
• Must take initiative and have the ability to work in a collaborative team environment
• Resourceful, with a can-do attitude toward projects and willingness to apply creative problem‑solving
• Demonstrated ability and willingness to learn and use new technology, coding language, etc.

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Salary range for the position: $70,000 - 140,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component.

• Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.
• Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.

Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world.

In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading‑edge solutions—and in the ability of capital to work for the benefit of all society.