What are the responsibilities and job description for the Vice President, Analytics Developer position at Morgan Stanley?
About US
As a thought leader in the financial services industry, Morgan Stanley Wealth Management's Global Investment Office (GIO) creates cutting-edge intellectual capital for our advisors and clients. Within GIO, the Retirement and Goals Based Solutions (RGBS) team is responsible for developing sophisticated advice frameworks that help our high net worth clients make critical investment, planning, tax optimization and wealth structuring decisions. RGBS also develop solutions for our institutional clients including in the realm of asset-liability management, manager selection, portfolio construction and their intersection.
Job Overview
We are seeking a Vice President to lead the analytics development of our proprietary Wealth Strategies Analysis tool (WSA), as well collaborate with other quantitative researchers on key modeling initiatives that support the investment process. The WSA provides pivotal support to our high net worth and institutional clients as they seek to create holistic solutions that bridge investing and broader balance sheet considerations, such as those related to alternative investments, concentrated stock positions, trust and estate planning and portfolio choice problems involving instruments with non-linear payoff profiles, utilizing sophisticated quantitative modeling to illustrate trade-offs associated with various strategies. The ideal candidate will be responsible for augmenting these innovative analytics, as well deepening integration across decision nodes and into our existing offerings. The candidate will also support key ongoing research initiatives that utilize artificial intelligence to support manager due diligence and portfolio construction.
Key Responsibilities
The team seeks a highly-motivated self-starter with strong analytical proficiency, financial services experience, ideally with high net worth and institutional investors, demonstrated interest in financial markets, and excellent communication and interpersonal skills.
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Expected base pay rates for the role will be between $140,000 and $200,000 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).
As a thought leader in the financial services industry, Morgan Stanley Wealth Management's Global Investment Office (GIO) creates cutting-edge intellectual capital for our advisors and clients. Within GIO, the Retirement and Goals Based Solutions (RGBS) team is responsible for developing sophisticated advice frameworks that help our high net worth clients make critical investment, planning, tax optimization and wealth structuring decisions. RGBS also develop solutions for our institutional clients including in the realm of asset-liability management, manager selection, portfolio construction and their intersection.
Job Overview
We are seeking a Vice President to lead the analytics development of our proprietary Wealth Strategies Analysis tool (WSA), as well collaborate with other quantitative researchers on key modeling initiatives that support the investment process. The WSA provides pivotal support to our high net worth and institutional clients as they seek to create holistic solutions that bridge investing and broader balance sheet considerations, such as those related to alternative investments, concentrated stock positions, trust and estate planning and portfolio choice problems involving instruments with non-linear payoff profiles, utilizing sophisticated quantitative modeling to illustrate trade-offs associated with various strategies. The ideal candidate will be responsible for augmenting these innovative analytics, as well deepening integration across decision nodes and into our existing offerings. The candidate will also support key ongoing research initiatives that utilize artificial intelligence to support manager due diligence and portfolio construction.
Key Responsibilities
- Lead the development and management of modeling analytics supporting ultra-high net-worth planning tools behind the firm’s field-facing investment and planning application suite.
- Collaborate with technology, operations, and management teams to enhance enterprise solutions.
- Expand and leverage the team’s quantitative frameworks and other fundamental investment analysis to support multi-period asset allocation, manager selection and portfolio construction.
- Design and implement new analytics, test tools, and document methodologies, risks, and procedures.
- Support department strategy by analyses of key opportunities and potential enhancements. Present findings to internal stakeholders and management.
- Contribute to written reports and presentations for research documentation and client events.
The team seeks a highly-motivated self-starter with strong analytical proficiency, financial services experience, ideally with high net worth and institutional investors, demonstrated interest in financial markets, and excellent communication and interpersonal skills.
- 6-10 years of relevant work experience – development side or product ownership is desired. Experience with JIRA is advantageous.
- Proficiency in programming languages – skills with Matlab, VBA and Python is a strong plus
- Strong analytical and problem-solving skills, preferably with an advanced STEM degree from a reputable institution.
- Understanding of global financial markets, asset allocation, and portfolio construction.
- Excellent presentation skills, with experience in engaging with internal stakeholders, technology teams, and management.
- Series 7 and 66 licenses, or willingness to obtain them upon hire.
- A self-starter with a high level of motivation, integrity, intellectual curiosity, and the ability to work under pressure in a team-oriented environment.
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Expected base pay rates for the role will be between $140,000 and $200,000 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).
Salary : $140,000 - $200,000
