Job Information
Morgan Stanley MSFO Investment Officer in Purchase, New York
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. Morgan Stanley Family Office (“MSFO”) group partners with Morgan Stanley Financial Advisors across all channels to offer portfolio management services to family office clients of Morgan Stanley Wealth Management.
Responsibilities** * • Serve as Investment Officer to build and manage client portfolios for Single Family Office clients * • The Investment Officer will be responsible for client portfolios’ asset allocation and manager selection as well as risk management and monitoring * • Engage with clients to perform client discovery, draft investment policy statements, and provide quarterly reporting * • Ensure the smooth functioning of administrative and operational activities, including those involving outside custodians and trading, reporting, and client cash flows * • Partner with internal 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 * • Work with internal research teams to provide clients with periodic market and portfolio updates * • Prepare portfolio allocation and performance reports for client investment committee presentations
Knowledge and skills** * • 5-10 years of investment-related experience servicing individuals and families 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 * • Experience with alternative investment asset classes and concentrated equity positions preferred * • Understanding of UHNW planning techniques and strategies preferred * • Proficiency in Microsoft Office including Excel and PowerPoint * • 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
Qualifications * • 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 120 days of hire (additional licensing may be required)
Expected base pay rates for the role will be between $110,000 and $185,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Job: *Wealth Management
Title: MSFO Investment Officer
Location: New York-Purchase
Requisition ID: 3257926