MSIM - Broad Markets Fixed Income, Portfolio Management - Vice President

Morgan Stanley • New York, NY

2d • $125,000 - $250,000

About The Position

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,100 investment professionals around the world and $1.51 trillion in assets under management or supervision as of March 31, 2024. 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. Global multi-sector fixed income team within Broad Markets Fixed Income manages over $20B in assets across various global multi-sector fixed income strategies. Given the growth of the business over the years the team seeks to add a portfolio management analyst based out of NY. This individual will be a key member of the global multi-sector portfolio management team and will directly report to the lead portfolio manager and support senior portfolio managers, while contributing broadly to the team’s overall fixed income investment process. Role Description The role will involve working closely with fixed income portfolio managers, to ensure global multi-sector portfolios are positioned in line with the views of the investment team while generating strong risk-adjusted returns in compliance with client objectives and investment guidelines. The role will also involve an understanding of the views of different fixed income sector teams spanning macro, credit and securitized, provide recommendations for investment decisions based on those views and to ensure those views are appropriately implemented in global multi-sector portfolios. Implementation of investment decisions will require thoughtful construction of multi-sector portfolios in line with client objectives and constraints. The role will involve day-to-day management of global multi-sector portfolios from managing daily flows, periodic rebalancing, trade implementations, model construction for potential mandates and in-depth portfolio reviews, to generate strong risk-adjusted returns. A successful candidate should be able to collaborate with colleagues across the fixed income business, work collegiately with portfolio managers, research analysts and traders to ensure efficient execution of investment ideas across multiple portfolios, and monitor the consistency of portfolio risk positioning across different investment strategies.

Requirements

• Bachelor’s degree or higher and excellent academic credentials.
• 4-8 years related buy side fixed income experience with demonstrated success in area of focus.
• In-depth knowledge of fixed income as an asset class across broad range of sectors including Developed and Emerging Markets, Investment Grade and High Yield Credit, Securitized and derivatives.
• Demonstrate strong analytical, quantitative, and problem-solving skills.
• Ability to work with attention to detail and under time pressure.
• Ability to effectively communicate complex investment ideas and strategies to both internal peers and external clients.
• Good collaboration skills – enjoy being an individual contributor within a collegial team and embrace the benefits of overlapping lines of idea generation.
• Excellent interpersonal skills are essential.

Nice To Haves

• Fixed Income portfolio management experience is preferred.
• Portfolio analytics systems (Aladdin) experience important.

Responsibilities

• Ensure global multi-sector portfolios are positioned in line with the views of the investment team while generating strong risk-adjusted returns in compliance with client objectives and investment guidelines.
• Understand the views of different fixed income sector teams spanning macro, credit and securitized, provide recommendations for investment decisions based on those views and to ensure those views are appropriately implemented in global multi-sector portfolios.
• Implementation of investment decisions will require thoughtful construction of multi-sector portfolios in line with client objectives and constraints.
• Day-to-day management of global multi-sector portfolios from managing daily flows, periodic rebalancing, trade implementations, model construction for potential mandates and in-depth portfolio reviews, to generate strong risk-adjusted returns.
• Collaborate with colleagues across the fixed income business, work collegiately with portfolio managers, research analysts and traders to ensure efficient execution of investment ideas across multiple portfolios, and monitor the consistency of portfolio risk positioning across different investment strategies.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level