Assistant Trader - Parametric

Morgan Stanley

Seattle, WA

JOB DETAILS
SALARY
$78,000–$140,000 Per Year
SKILLS
Asset Management, Brokerage, Capital Markets, Communication Skills, Conflict Resolution, Customer Support/Service, Diversity, Employee Benefits, Equal Employment Opportunity (EEO), Financial Services, Fixed Income Investments, Genetics, Global Financial Markets, Interpersonal Skills, Investment Management, Investment Services, Microsoft Visual Basic for Applications (VBA), Military, Python Programming/Scripting Language, SQL (Structured Query Language), Securities Investments, Team Player, Trading Platforms, Trading Systems, Wealth Management, Web Browsers, Work From Home
LOCATION
Seattle, WA
POSTED
30+ days ago

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 Firms employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

 

ABOUT PARAMETRIC

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 whats 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 Parametrics 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 ROLE

Assist the trading desk with daily trading department functions.

PRIMARY RESPONSIBILITIES

  • Execute trades across various trading systems/platforms
  • Assist with reporting requirements internally and externally
  • Maintain day-to-day relationships with a wide range of brokers, custodians, and vendors
  • Additional operational responsibilities as required

JOB REQUIREMENTS

  • Bachelors Degree preferred
  • 1-2 years of experience in the financial services industry
  • Knowledge of capital markets
  • Knowledge of APL Fiserv, VESTMARK, and Bloomberg systems a plus
  • Derivatives and/or Fixed Income experience/knowledge a plus
  • Proficient with Excel and VBA
  • Python, SQL familiarity desired
  • Ability to use ChatGPT or Co-pilot to create efficiency in your work a plus
  • Strong Initiative, desire for self-improvement and continued learning
  • Excellent communication, teamwork, interpersonal and conflict resolution skills

IMPORTANT NOTES ABOUT THE JOB

Consistent with SEC regulations Parametric has a code of ethics that limits personal trading. If you actively trade your personal account, friends and family accounts you will be prohibited from doing so as an employee of Parametric.

Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.

 

WHAT YOU CAN EXPECT FROM MORGAN STANLEY

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years.

Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do whats best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Salary range for the position: $78,000 - 140,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Expected base pay rates for the role will be between $78,000 - $140,000 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 Stanleys 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).

About the Company

M

Morgan Stanley

Morgan Stanley is a global financial services firm offering a complete range of financial services to a large and diversified group of clients and customers, including governments, corporations, institutions and individuals throughout the world. The talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity and excellence. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and to grow.

COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
FOUNDED
1935
WEBSITE
http://www.morganstanley.com