Performance Attribution Analyst - Parametric

Morgan Stanley; Seattle (WA); Hybrid; USD 70,000 - 140,000; Full time

Benefits offered by this job

Hybrid work model

Competitive benefits

Job summary

Morgan Stanley, via Parametric, offers a hybrid role in Investment Management. The Analyst, Performance Attribution, will create performance analytics for external distribution, collaborating with portfolio managers and multiple teams to ensure timely, accurate reports.

The position requires a 4-year quantitative degree and 2+ years of experience, with strong Excel and data tools knowledge to support client service and reporting.

Qualifications

• 4-year degree in Accounting, Finance, Economics or a quantitative field.
• 2+ years of industry experience.
• Understanding of attribution theory and practice.
• Thorough knowledge of asset management and alternatives (derivatives, fixed income, cash equities, mutual funds, hedge funds, private equity).
• Understanding of basic accounting principles; interpret performance impact of transactions.

Responsibilities

• Prepare quarterly, monthly, and ad hoc performance attribution analyses for institutional and wealth clients.
• Coordinate commentary with portfolio managers.
• Review deliverables for accuracy and quality.
• Ensure timely delivery of all requests.
• Develop knowledge of Parametric products and strategies and support data integrity.

Skills

Excel

Python

SQL

Power BI

Tableau

Quantitative analysis

Communication

Attention to detail

Education

Bachelor's degree in Accounting/Finance/Economics/quantitative field

Tools

FactSet

Bloomberg

Barra

Power BI

Tableau

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's 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 Analyst, Performance Attribution is primarily responsible for performance analytics for external distribution. The position will require teamwork and collaboration with multiple departments. The role is focused on providing exceptional client service through timely and accurate analysis and reporting.

PRIMARY RESPONSIBILITIES

• Prepare quarterly, monthly, and ad hoc performance attribution analysis for institutional and\or wealth management clients, and marketing materials.
• Coordinate commentary with portfolio managers.
• Perform detailed peer review of deliverables.
• Manage the timely and accurate delivery of all requests.
• Investigate portfolio specific inquiries.
• Contribute to integration efforts to consolidate and harmonize attribution reporting across various Parametric and MSIM business lines.
• Play an active role in ensuring and improving data integrity/quality.
• Develop a specialized knowledge of all relevant Parametric products and strategies.
• Uphold department reputation through professionalism, accuracy, responsiveness, and commitment to client service.
• Develop a full working knowledge of the firm's structure, key personnel and organizational policies and procedures, in addition to a functional knowledge of a professional services environment.
• Assume other responsibilities as required.

JOB REQUIREMENTS

• 4-year degree, preferably in Accounting, Finance, Economics or a quantitative field.
• 2+ years of industry experience.
• Demonstrate thorough knowledge of both traditional asset management and alternatives investments (derivatives, fixed income, cash equities, mutual funds, hedge funds, private equity).
• Understanding of basic accounting principles - ability to interpret performance impact of various transactions and corporate actions.
• Asset management performance calculation knowledge.
• Understanding of attribution theory and practice.
• Possess excellent communication and organizational skills and be able to handle a heavy, deadline-oriented workload.
• Advanced knowledge of Excel, including designing, creating, and maintaining complex spreadsheets, power queries, reports, and charts.
• High attention to detail and strong sense of urgency.
• Must possess a high level of initiative.
• Familiarity with FactSet, Bloomberg, Barra, and other analysis tools is a plus.
• Python, SQL, data visualization tools (Tableau, Power BI) desired.
• Ability to think strategically and build on system capabilities.
• Able to maintain a high level of confidentiality.
• Ability to excel independently and in ambiguous situations.
• Ability to maintain productivity and strong work ethic under minimal supervision.

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. 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.