UMA Portfolio Manager

Morgan Stanley

2mo ago

Applications are closed

Job
Full-time
Mid Level
Accounting & Tax
Banking & Finance
$85K - $135K
New York

Requirements

Qualifications:
Bachelor’s in Accounting, Finance, or Business Management required or Equivalent to degree with business related coursework.
Knowledge of financial securities markets, advisory programs and products, as well as legal and regulatory requirements
Ability to deliver as an individual contributor while being a strong team player
Ability to adapt to a continually changing work environment while managing multiple priorities
Excellent communication skills in both verbal and written forms
Series 7 and 66 designations required or the willingness to obtain within 90 days of hire

Responsibilities

Implement Investment Manager models based on clients' guidelines and program specifications (e.g., asset allocation specifications)
Interact as a liaison between Investment Managers, financial and Graystone advisors and clients
Provide portfolio and individual account analysis, portfolio construction, implementation and daily management
Manage and coordinate trade implementation and interact with trading team
Participating in developing solutions and enhancements that drive business efficiencies and propel growth
Daily account management based on client requests and program specifications (e.g., rebalancing thresholds)
Provide customized services that include cash management, restriction management custom asset allocation models, portfolio rebalancing, multiple-accounts coordination and gradual portfolio transitions.
Service Financial Advisors by providing information about Investment Managers, vehicle types and individual products
Provide assistance to Financial Advisors, Consulting Group Sales Directors and Consulting Group Sales Support Desk by communicating program details effectively and efficiently
Trade Execution:
Equity SMA portfolios
ETFs
Domestic Mutual Funds
FA/Client Service:
One Point of Contact
FA and Client Conference Calls
Portfolio Reviews

FAQs

What is the primary role of a UMA Portfolio Manager?

The primary role of a UMA Portfolio Manager is to implement Investment Managers and Financial Advisors trade instructions for the UMA program, working closely with the different teams involved in the process.

What are the key responsibilities of a UMA Portfolio Manager?

The key responsibilities include implementing Investment Manager models, interacting as a liaison between various parties, providing portfolio analysis and management, coordinating trade implementation, and participating in developing solutions and enhancements for the program.

What qualifications are required for a UMA Portfolio Manager?

A Bachelor's degree in Accounting, Finance, or Business Management is required, along with knowledge of financial securities markets, advisory programs, and products. The Series 7 and 66 designations are also required or the willingness to obtain them within 90 days of hire.

What is the expected base pay for a UMA Portfolio Manager?

The expected base pay ranges from $85,000 to $135,000 per year at the commencement of employment, but actual pay may vary based on individual factors and may include additional compensation such as commission earnings, incentive compensation, bonuses, and benefit programs.

Morgan Stanley

Finance

Industry

10,001+

Employees

1935

Founded Year

Mission & Purpose

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back — that guide its more than 70,000+ employees across 41 countries.