VP, Hedge Fund Portfolio & Allocations

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

Job summary

Morgan Stanley seeks a Vice President to lead hedge fund and liquid alternative allocations within OCIO/MSFO, partnering with Financial Advisors to deliver customized portfolios for institutional and ultra-high-net-worth clients.

The role emphasizes sourcing, due diligence, and portfolio construction across a broad set of strategies, requiring exceptional analytical, communication, and client-facing skills. Licenses SIE, Series 7/63/65 or 66 are required or pursued after hire.

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
• 7+ years of investment-related experience with a significant focus on hedge funds.
• Demonstrated experience sourcing hedge fund managers and maintaining a relevant network.
• Demonstrated experience conducting institutional-quality hedge fund due diligence.
• Demonstrated experience building customized hedge fund portfolios.
• Strong understanding of hedge fund strategies and modern portfolio theory.
• Excellent verbal and written communication skills.
• Strong organizational and project management skills.
• High degree of professional accountability and collaboration.

Responsibilities

• Serve as a subject matter expert and portfolio manager for hedge funds and liquid alternative investments within OCIO and MSFO client portfolios.
• Source, evaluate, and conduct due diligence on hedge fund managers across strategies, including equity long/short, event-driven, credit, relative value, global macro, multi-strategy, systematic, and other liquid alternative strategies.
• Maintain and expand a relevant network across the hedge fund ecosystem.
• Build customized hedge fund portfolios for institutional, family office, ultra-high-net-worth, and other sophisticated clients, including recommendations on strategy allocation, manager selection, position sizing, liquidity profile, implementation sequencing, and portfolio-level risk management.
• Evaluate hedge fund portfolios in the context of total client asset allocation, including public markets, private markets, liquidity needs, concentration risks, client-specific constraints, and existing portfolio exposures.
• Partner with OCIO and MSFO client segment teams and Financial Advisors to support prospective and existing client engagements, including new mandate opportunities, portfolio reviews, investment proposals, and client-specific hedge fund recommendations.
• Participate in recurring OCIO and MSFO investment meetings to discuss asset allocation, hedge fund market views, manager selection, portfolio positioning, forward pipeline opportunities, and potential portfolio changes.
• Prepare investment analyses, manager recommendations, market updates, portfolio reviews, and client-facing materials related to hedge fund and liquid alternative allocations.
• Monitor hedge fund performance, exposures, liquidity, risk characteristics, factor sensitivities, attribution, manager-specific developments, and portfolio-level contributions across OCIO and MSFO client allocations.
• Actively participate in meetings with external hedge fund managers and represent OCIO/MSFO in manager diligence, portfolio monitoring, and pipeline review discussions.
• Help drive strategic initiatives to enhance hedge fund portfolio construction, manager research, analytics, reporting, and implementation capabilities across OCIO and MSFO.
• Liaise with key internal stakeholders, partner groups, and control functions to support business initiatives, investment implementation, governance processes, and client solutions.
• Develop, enhance, or automate analytical tools, financial models, reporting processes, and data workflows to support hedge fund due diligence, portfolio construction, monitoring, and reporting.

Job description

Morgan Stanley seeks a Vice President to lead hedge fund and liquid alternative allocations within OCIO/MSFO, partnering with Financial Advisors to deliver customized portfolios for institutional and ultra-high-net-worth clients.

The role emphasizes sourcing, due diligence, and portfolio construction across a broad set of strategies, requiring exceptional analytical, communication, and client-facing skills. Licenses SIE, Series 7/63/65 or 66 are required or pursued after hire.