Institutional Portfolio Monitoring - Associate

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

An Investment Policy Statement (IPS) is a formal written document that describes how a client intends their portfolio to be invested with guidelines regarding the portfolio’s asset allocation, investment restrictions, permitted investments, and guides the Financial Advisor’s recommendations to the client. IPSs are used primarily by institutional clients.

Institutional Portfolio Monitoring Risk (IPMR) monitors client IPSs under Wealth Management Institutional Client Segment Risk using cloud based SAAS and other internal technology solutions to monitor portfolios under a systemic model and escalates portfolio variances to portfolio managers and their supervisors for action and correction.

The ideal candidate for this role will be a seasoned investment professional with deep investment product knowledge, experience across all asset classes, and a solid grounding in modern portfolio theory, adept at identifying and articulating portfolio risks with clarity and precision.

The IPM role is a non-revenue sharing position that reports to the Vice President of Institutional Portfolio Monitoring Risk.

• Oversee, onboard, and monitor client portfolios subject to Investment Policy Statements
• Parse written investment guidelines into mathematical, logic-based rules
• Follow written supervisory procedures
• Partner with vendors and internal partners including Institutional Consulting Solutions business, Institutional Client Segment Risk, Legal, and Field Risk Officers
• Build warm working relationships with all levels of leadership, Institutional Business Owners, Financial Advisors/Private Wealth Advisors/Portfolio Managers and Client Service Professionals
• Demonstrate strong attention to detail, collaborate effectively in a team-based environment and assume ownership of multiple team tasks
• Proactively monitor and assess all types of financial and non-financial risk
• Educate, communicate, and explain difficult concepts in a clear and concise manner to colleagues at all levels in the Firm

• Knowledge of SEC, FINRA and Firm compliance policies and procedures
• Strong analytical skills and attention to detail
• Background and experience in financial services, preferably in control partner advisory Risk or Compliance
• Strong experience and knowledge of financial products and how they work
• Ability to prioritize and thoroughly investigate complex subjects, problem solve and understand when to escape
• Ability to create and deliver presentations to senior level employees
• Ability to learn and process information quickly
• Self-driven and proactive, with a strong ability to work independently and take initiative in identifying solutions
• Demonstrated proficiency in time management, with the ability to prioritize tasks effectively in a fast-paced environment
• Effective written and verbal communication skills
• Strong Excel skills
• Familiarity with Clearwater Analytics software platform or other coding experience is a plus
• Strong work ethic

• 5 or more years of financial industry experience
• Experience and knowledge of Investment Policy Statements a plus

• Bachelor's degree (Finance or Economics a plus)

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