Associate Investment Engineer - Parametric
Morgan Stanley
- Location
- Minneapolis Minnesota United States of America
- Work model
- On-Site
- Level
- Entry
- H-1B history
- 39 approvals (FY2023)
- Posted
- 1d ago
Skills
About this role
ABOUT MORGAN STANLEY Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com. ABOUT PARAMTERIC Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings. This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.
ABOUT THE TEAM
Parametric provides systematic solutions fueled by science and prides itself on building genuine, long-term partnerships with clients. The Investment Strategy team's mandate is to create and deliver powerful stories for external and internal clients and turn investment research into real-world portfolios for investors. We meet with clients and prospects, present at events, and write papers. We also work on complex custom analysis and custom portfolio design, product evolution, and new product development. This is an opportunity to work with a dynamic and growing team while making a personal impact on a firm with a unique culture that values hard work but also encourages genuine teambuilding.
ABOUT THE ROLE
We are looking for a quantitative investment professional with excellent coding skills who loves turning research into systematic, rules-based equity portfolios. Successful applicants will be intellectually curious, self-driven, and enjoy solving open-ended problems and operating in a lively, client-facing environment. The mission of the Associate Investment Engineer is to support the Investment Strategy department's investment management, thought leadership and client service work while developing their subject matter expertise. This work includes helping to maintain and enhance Parametric's proprietary investment strategies, monitoring risk and performance, contributing to new product development, and conducting research and analysis that can be turned into external content and used to educate and inform clients. The role works closely with individuals across the department as well as with other departments within the firm. PRIMARY RESPONSIBILITES Work with senior team members to answer complex investment questions Contribute to development of proprietary investment strategies and client-directed mandates, and maintain related documentation Prepare ad hoc analysis such as performance attributions, risk decompositions and back-tests with limited oversight Contribute to maintenance and enhancement of proprietary investment strategies and client-directed mandates, and work across the firm to keep all stakeholders aligned Contribute research for internal briefs, white papers, and journal articles to help firm demonstrate thought leadership in investment areas of focus Support direct sales and client service activities by providing research and analysis Generate data and analytics used in Investment Committee meetings and Marketing content Utilize and contribute to internal Python and R libraries that support our business activities Uphold department reputation through professionalism, accuracy, and responsiveness Participate in process improvement and technology development efforts Develop and maintain a specialized knowledge of all relevant Parametric