Tax-Efficient Equity Portfolio Manager

Morgan Stanley; Minneapolis (MN); Hybrid; USD 70,000 - 140,000; Full time

Benefits offered by this job

Medical benefits

Dental and Vision

401(k) with company match

Paid time off

Job summary

Morgan Stanley's Parametric division is seeking an Associate Portfolio Manager to design and manage customized tax-efficient equity portfolios, closely tracking client-specific benchmarks and market indexes.

The role leverages quantitative research, portfolio optimization tools, and sophisticated trading strategies to construct, monitor, and rebalance portfolios in alignment with client objectives. Hybrid work model between office and remote days is offered.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Engineering, Mathematics, Computer Science, or a related quantitative field.
• 3+ years of experience in investment management, portfolio management, quantitative analysis, trading, or related financial services.
• Progress toward CFA designation, MBA, or related credential strongly preferred.

Responsibilities

• Construct and manage tax-efficient equity index portfolios for separately managed accounts.
• Rebalance and transition portfolios to optimize after-tax outcomes while staying aligned with benchmarks.
• Develop and maintain custom benchmark and portfolio analytics.
• Monitor index events, corporate actions, and market developments impacting performance.
• Analyze portfolio and benchmark returns, including after-tax performance and attribution.
• Evaluate portfolio risk exposures and support ongoing risk management efforts.
• Respond to client and internal requests for portfolio analysis, reporting, and investment insights.
• Collaborate with Technology, Research, Client Service, Operations, Marketing, and Trading to support objectives.
• Contribute to process enhancements and technology-driven improvements for efficiency.

Skills

Quantitative analysis

Portfolio management

Risk management

Data analysis

Education

Bachelor's degree in Finance/Accounting/Economics/Engineering/Math/CS (quantitative field)

Tools

Portfolio analytics tools

Job description

Morgan Stanley's Parametric division is seeking an Associate Portfolio Manager to design and manage customized tax-efficient equity portfolios, closely tracking client-specific benchmarks and market indexes.

The role leverages quantitative research, portfolio optimization tools, and sophisticated trading strategies to construct, monitor, and rebalance portfolios in alignment with client objectives. Hybrid work model between office and remote days is offered.