WM Global Investment Office - Investment Officer - Multi-Family Office client segment

Employer
Morgan Stanley
Location
New York, USA
Salary
Competitive
Posted
Jan 13, 2021
Closes
Feb 12, 2021
Ref
9772541
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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 prosper.
Custom Solutions Outsourced Chief Investment Officer ("OCIO"), a unit within the Wealth Management Global Investment Office (GIO), partners with Morgan Stanley Financial Advisors across all channels to offer full discretion and advisory portfolio management services to institutional and private clients (e.g., Defined Benefit plans, Endowments, Foundations, Family Offices, etc.) of Morgan Stanley Wealth Management.
The Custom Solutions OCIO group is looking for an entrepreneurial, ambitious and intellectually curious professional to join the team as an Investment Officer. The Investment Officer will play a vital role in servicing the Firm's Multi-Family Office client segment. In such capacity, the candidate will assist in developing and managing customized multi-asset class portfolios in a client facing capacity. In addition, the candidate will support the client segment leader and work cross-functionally with internal teams and various third parties.
Responsibilities include:
• Build and manage client portfolios, including end-to-end development and management of customized portfolio construction, manager selection, investment policy statement construction, portfolio implementation, and ongoing portfolio rebalances and reviews
• Assist in developing an overall investment strategy based on the client's risk/reward profile, objectives and constraints with a deep understanding of approved and "off-platform" traditional and alternative investment managers
• Support the client segment leader for the Firm's multi-family office (MFO) relationships
• Maintain ongoing, proactive contact with the advisor and the client in managing the relationship
• Present to small and large audiences as well as one-on-one clients meetings
• Research, develop and maintain multi-asset class portfolios using internal and 3rd party portfolio construction tools, and client investment policy database; assist in development and maintenance of the same
• Analyze prospect portfolios and develop asset allocations and recommendations for finals presentations
• Interface and maintain strong relationships with internal and external stakeholders including the Global Investment Manager Analysis team, research, trading, operations, product specialists, third party vendors and custodians
• Assist with the strategy, project management and coordination of various work streams to support efforts for both MFO and Custom Solutions

Qualifications:

Knowledge and Skills Required
• Experience and knowledge in global capital markets, technical expertise across asset classes preferred
• Firm understanding of portfolio management concepts including modern portfolio theory, asset allocation, portfolio construction, manager selection, risk management and performance attribution
• Working knowledge of investment/wealth management platforms and vehicles, including managed account platforms, mutual funds, ETFs, separate accounts and alternative investments
• Familiarity with non-investment services provided to ultra-high net worth clients such as, banking, lending, trusts & estates, and financial planning
• Experience with Bloomberg, Factset, complex datasets and relational databases
• Proficiency in Microsoft Office including Excel, PowerPoint and Access
• Must be very detail-oriented, with an ability to multi-task and handle multiple priorities
• Ability to work independently and effectively on a team, with demonstrated leadership abilities
• Technical background with strong analytical and quantitative skills
• Exemplary verbal and written communication skills
• Proactive and hard working with strong professional accountability
Qualifications
• 6-10 years of investment-related experience in wealth management, investment consulting, or working directly in a family office
• BA/BS is required with degree coursework in Finance, Accounting, Economics or Statistics preferred
• Master's Degree, CFA, CAIA and other professional designations (or progress towards earning such) is a plus
• FINRA Series 7 and 66 is required (additional licensing may be required)

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