UMA Portfolio Manager

Morgan-Stanley; Town of Islip (NY); On-site; USD 115,000 - 190,000; Full time

Job summary

Morgan Stanley’s Portfolio Solutions Team drives UMA programs, portfolio management and trade execution for financial advisors and clients. The Portfolio Manager implements Investment Manager models, analyzes portfolios, and coordinates trades within a collaborative team.

The role emphasizes client-focused services, understanding investment strategies, and adherence to regulatory requirements, with opportunities to engage across advisory programs and global markets.

Qualifications

• Bachelor’s degree in Accounting, Finance, or Business Management or equivalent.
• 3–5 years of investment experience.
• Knowledge of financial securities markets, advisory programs and products, plus regulatory requirements.
• Strong communication and teamwork abilities.
• Series 7 and 66 designations required or willingness to obtain within 90 days of hire.

Responsibilities

• Implement Investment Manager models based on client guidelines and program specs.
• Serve as liaison between Investment Managers, advisors, and clients.
• Provide portfolio and account analysis, construction, and daily management.
• Coordinate trade implementation with the trading desk and investment teams.
• Support advisors and clients with program details and account information.

Skills

Series 7

Series 66

Communication

Team player

Multitasking

Education

Bachelor's in Accounting/Finance/Business

Tools

Trade execution systems

Account analytics tools

Job description

Portfolio Solutions TeamThe Portfolio Solutions team provides investment products, portfolio management services, and Tax Management solutions for Consulting Group advisory programs, including Select UMA - the industry-leading Unified Managed Accounts program with over $300 Billion in assets under management. The team offers a comprehensive, unified approach to asset allocation, manager selection, account management, trading, and overall relationship management to Morgan Stanley’s Financial Advisors and their clients.Portfolio Management Position SummaryThe primary role of the Portfolio Manager is to implement Investment Managers and Financial Advisors trade instructions for the UMA program. PMs work directly with the Investment Managers’ and Financial Advisors teams throughout the model delivery and trading process. (e.g., understanding Investment Manager’s strategy, answering model delivery questions, assisting in accessing trade execution and account analytics information) Work closely with the Trade Solutions trading desk teamKey Responsibilities:Implement Investment Manager models based on clients' guidelines and program specifications (e.g., asset allocation specifications)Interact as a liaison between Investment Managers, financial and Graystone advisors and clientsProvide portfolio and individual account analysis, portfolio construction, implementation and daily managementManage and coordinate trade implementation and interact with trading teamParticipating in developing solutions and enhancements that drive business efficiencies and propel growthDaily account management based on client requests and program specifications (e.g., rebalancing thresholds)Provide customized services that include cash management, restriction management custom asset allocation models, portfolio rebalancing, multiple-accounts coordination and gradual portfolio transitions.Service Financial Advisors by providing information about Investment Managers, vehicle types and individual productsProvide assistance to Financial Advisors, Consulting Group Sales Directors and Consulting Group Sales Support Desk by communicating program details effectively and efficiently Trade ExecutionEquity SMA portfoliosETF’sDomestic Mutual FundsInterval Funds FA/Client ServiceOne Point of ContactFA and Client Conference CallsPortfolio ReviewsQualificationsBachelor’s in Accounting, Finance, or Business Management required or Equivalent to degree with business related coursework.3 to 5 years of investment experienceKnowledge of financial securities markets, advisory programs and products, as well as legal and regulatory requirementsAbility to deliver as an individual contributor while being a strong team playerAbility to adapt to a continually changing work environment while managing multiple prioritiesExcellent communication skills in both verbal and written formsSeries 7 and 66 designations required or willingness to obtain within 90 days of hireAbility to work international business trading hoursWHAT 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 $190,000 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 .