OCIO Pension Portfolio Manager, Vice President

Morgan Stanley; Purchase (NY); On-site; USD 115,000 - 205,000; Full time

Job summary

Morgan Stanley seeks a seasoned Portfolio Manager for its Outsourced Chief Investment Officer group to lead pension and institutional client portfolios. You will select managers, set asset allocations, and monitor risk across markets, while coordinating with clients and advisors on investment policy and reporting.

The role requires deep knowledge of portfolio theory, investment platforms, and strong communication.

Qualifications

• 5+ years’ experience servicing pensions and institutional accounts in wealth management/investment consulting.
• Experience with wealth management platforms and vehicles including managed accounts, mutual funds, ETFs, and alternatives.
• Global capital markets knowledge with cross-asset expertise.
• Understanding of modern portfolio theory, asset allocation, portfolio construction, and risk management.

Responsibilities

• Serve as Portfolio Manager for OCIO Pension clients and manage client portfolios.
• Determine asset allocation and manager selection; monitor risk.
• Develop liability-driven investing and total-return strategies.
• Coordinate with clients to gather actuarial data for asset-liability studies and integrate results.
• Engage with clients to perform discovery, draft investment policy statements, and provide quarterly reports.
• Ensure smooth operations with custodians, trading, reporting, and cash flows.
• Partner with Financial Advisors to win new clients and raise assets.
• Create institutional content such as white papers for advisors and clients.

Skills

Portfolio management

Wealth management platforms

Global capital markets

Portfolio construction

Microsoft Office

Communication skills

Project management

Attention to detail

Undergraduate degree

Graduate degree / CFA / CAIA

Education

Undergraduate degree required

Graduate degree, CFA/CAIA preferred

Tools

Microsoft Office

Job description

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

• Serve as Portfolio Manager to build and manage client portfolios for OCIO’s Pension clients
• The Portfolio Manager will be responsible for client portfolios’ asset allocation and manager selection as well as risk management and monitoring
• Develop liability-driven investing and total-return strategies
• Coordinate with clients to secure relevant actuarial information to complete asset-liability and related studies and integrate results into investment strategies and asset allocation
• Engage with clients to perform client discovery, draft investment policy statements, provide quarterly reporting, etc.
• Ensure the smooth functioning of administrative and operational activities, including those involving outside custodians and trading, reporting, and client cash flows
• Partner with Financial Advisors and consultants to win new clients and raise new assets
• Along with other subject matter experts, create institutional content such as white papers for advisors to use with clients and prospects to engage on topics related to the areas of expertise

Qualifications

• 5+ years’ experience servicing pensions, corporations and other institutional accounts 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
• 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, PowerPoint, and Word
• 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 accountability
• Undergraduate degree is required
• Graduate degree, CFA, CAIA and other professional designations are preferred
• FINRA Series 7 and 66 (or 63 and 65) licenses required or willingness to obtain within 180 days of hire (additional licensing may be required)

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.

Expected base pay rates for the role will be between 115,000 and 205,000 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 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.