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Type of Role: InvestmentsResearch

Experience Level: Intern - Undergraduate

Location: New York City, New York

Salary: $112K - $112K

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 3,200 investment professionals around the world and $1.3 trillion in assets under management or supervision as of September 30, 2022.  Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Portfolio Solutions Group (PSG), part of our Solutions and Multi-Asset Group, specializes in managing outsourced CIO programs, custom multi-asset portfolios and liquid alternative investment strategies. The team’s expertise lies in partnering with institutional and high net worth investors to understand their unique needs and crafting solutions to help them achieve their overall investment objectives.

PSG is looking for thoughtful and solutions-oriented candidates to join the team. The individual will function as a quantitative research analyst and engage in the development, implementation, and utilization of quantitative tools for asset allocation, portfolio construction, and customized investment solutions. The primary responsibilities include:

– Research and develop quantitative portfolio construction tools for allocations across a broad range of financial investments

– Design investment solutions to be deployed for institutional clients who generally have complicated investment objectives and constraints, including pension       funds, endowments and foundations, financial institutions, and ultra-high net worth clients

– Conduct quantitative analysis to assess investment opportunity sets and key risks for various investment strategies for possible inclusion into portfolio

– Perform multi-asset portfolio analysis for prospects and provide investment recommendations that enhance portfolio characteristics

– Assistance in the development of proprietary quantitative tools, including alpha forecasting tool, portfolio optimization and risk management tools.

– Advanced degree in Mathematics, Statistics, Financial Engineering, or a related field

– Proficiency in coding (Python or Matlab preferred)

– Resourceful, self-motivated individual with intellectual curiosity able to demonstrate creative approach to problem solving, and strong work ethic are necessary requirement for success in the position

– Strong attention to detail, follow up and overseeing projects through completion

– Must be able to produce high-quality work independently and excel in a team environment

– Must be able to work under time sensitive constraints

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).

Expected base pay rates for the role will be $55/hour 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.